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land prices dropping
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99MAX
Posted 11/28/2018 14:16 (#7133743 - in reply to #7133692)
Subject: RE: land prices dropping



Stearns County, Minnesota

vickruse - 11/28/2018 12:44 Sale prices are down as I watch Sullivan Auction sell land most every day of the week. Not all but most is off of highs.

Didn't you expect this to happen?  The low commodity prices and interest rates rising, I am sure has an effect on land prices going down.  Remember the 80's when interest rates went to 18-20%, land took a heck of a drop.  I am sure this is why that Trump is opposed to the Federal Reserve raising interest rates.

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