FROM THE PUBLISHER
NATIONAL ROUNDUP
I recently read Live Water Properties mid-year report. Its main themes resonated with myriad land pros I have chatted with in the past month or so. Brokers continue to report healthy buyer activity, reflecting a market that remains fundamentally strong even as buyers take a more deliberate approach to purchasing decisions.
Across the South, the report cites balance between cautious buyer activity and continued confidence in land values. Despite a more cautious environment, values have remained firm, supported by limited inventory and continued demand for quality land.
In the Rocky Mountains, Colorado broker Brian Hartley has seen buyers “doing more of the legwork on the front end of a deal,” explaining that they are asking more detailed questions and developing a complete understanding of a ranch before crafting an offer. Montana broker Zach Robbins has observed a similar trend, saying today’s buyers are “more patient and analytical than they were five years ago.” As Idaho broker Adam Deakin notes, “Ranches that check all of the boxes and are priced appropriately are moving rather quickly.”
The report concludes along the lines of many of my recent conversations with some of the country’s top brokers: The strongest listings continue to distinguish themselves through quality natural resources, operational value, and lasting recreational appeal.
The full report can be read HERE.
— Eddie Lee Rider Jr.
Publisher, The Land Report
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