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land prices central ohio
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dko_scOH
Posted 9/14/2014 21:01 (#4074732 - in reply to #4074260)
Subject: RE: land prices central ohio



39.48, -82.98
The lenders I talk to say values are strong here. I would think softer commodity prices and interest rates inching up might put an end to the run -- but it hasn't happened so far. Here in Ohio, our farmland prices have been supported by development for the last several decades. Since the housing bubble burst, that has been missing but crop prices carried the day. So it is possible that a rebounding housing market will once again be a factor in our land values, even if the ag sector stumbles.
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