Posts in category 'Farm And Land'
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29
Iowa Cropland Values Up in Last Six Months
The Land Trends and Value Survey, presented by the Iowa Farm and Land Chapter #2 REALTORS Land Institute, reported a statewide average increase of 0.9% for tillable cropland values from September 2016 to March 2017 period. Combining this increase with the 3.7% decrease reported in September 2016 indicates a statewide average decrease of 2.8% for the year from March 1, 2016 to March 1, 2017.
In our east central district, high quality cropland is selling at $9,568 per acre. Timber is selling at $2,137 per acre. This district had a 1.1% increase and was one of seven districts that showed an increase in values from September 2016 to March 2017.
Three districts had decreases, including north central at -0.5%, southwest at -3.0% and west central at -2.0%. The highest increase was northwest district at 3.2%.
"It is positive to see land prices stabilizing," said Eric Schlutz, ALC, Realtor and manager of the Ruhl&Ruhl Realtors Muscatine Office. "We look forward to seeing additional growth in the coming months."
"I am not surprised by the increase. Land is currently tightly held as reflected by the small number of listings at this time," said Ken Paper, ALC. "There is still a lot of interest in land investment by investors and farmers, because land is a secure place for money."
For the survey, participants are asked to estimate the average value of farmland as of March 1, 2017. These estimates are for bare, unimproved land with a sale price on a cash basis.
Ruhl Farm&Land, a division of Ruhl&Ruhl Realtors, is focused on the sale, purchase and marketing of land, farms and acreages. For more information, and the price per acre of cropland in all nine Iowa districts, visit http://www.ruhlland.com/en/WebLand_LandValueSurveys.aspx
| Part of Iowa | High-Quality Crop Land |
Medium-Quality Crop Land |
Low-Quality Crop Land |
Timber Per Acre |
| East Central | 9,568 | 7,026 | 4,285 | 2,137 |
| Northeast | 8,997 | 6,834 | 4,278 | 2,498 |
| Southeast | 9,305 | 6,058 | 3,675 | 2,253 |
4
Land Values Decrease in Iowa
The Land Trends and Value Survey, presented by the Iowa Farm and Land Chapter #2 REALTORS Land Institute, reported a statewide average decrease of 3.7% in cropland values from the March 2016 to September 2016 time period. Combining this decrease with the 5% decrease reported in March 2015 indicates a statewide average decrease of 8.6% for the year from September 1, 2015 to September 1, 2016. This is the exact predicted decrease from what was reported in March. In our east central district, high quality cropland is selling at $9,524 per acre. Timber is selling at $2,116 per acre. All nine Iowa crop reporting districts showed a decrease in value from September 2015 to September 2016. Our east central district posted a 4.3% decrease, less than the state average. The largest decrease was a 5.8% decrease in southwest Iowa. "There is a decrease in land values across the state but it isn't...
22
Why Invest In Land
Have you ever wondered what it is about land that makes it such a valued investment? I have my own thoughts about this that I share routinely as I consultant clients about the nature of land investing. Dirt is real, it is tangible and it is not just a piece of paper or a number on a screen. In an age of electronic accounts, many people are realizing that investing in real estate is something that gives an enhanced level of financial certainty. With the technology available to monitor conservation, soil health, and production it has certainly opened up the appeal to the analytical focused buyer too. There is something to be said about working the soil like your father before you and possibly your grandfather before that. Most of the investors I consult with are very successful in business, but grew up as farm kids i...
6
New Services Provide Options for Land Brokerage
Ruhl Farm&Land, a division of Ruhl&Ruhl Realtors, now provides a new service for the sale of farms or land – auction.
"A lot goes into putting on a successful auction,"said Eric Schlutz, manager of the Ruhl&Ruhl Muscatine Office and President of Realtors Land Institute Iowa Chapter #2. "Any of our land professionals have the skills to evaluate land parcels to determine the best option. Timing, market conditions, local sale history and size of parcel are just some of the factors that are evaluated."
The acheter viagra 25mg.aspx">Land Consultants for Ruhl Farm&Land are experienced Realtors who focus on the brokerage of farmland, recreational...
22
Eric Schlutz Elected President of Realtors Land Institute
After years of serving the Realtors Land Institute (RLI) Iowa Chapter #2, Eric Schlutz was sworn in as President on September 16, 2014. Schlutz, manager of the Ruhl&Ruhl Realtors Muscatine Office and Realtor serving the Muscatine area, is experienced in farm and land brokerage and has worked to help educate others in the industry. "Eric has been an expert in land brokerage transactions since he started in 2002," said Caroline Ruhl, President of Ruhl&Ruhl Realtors. "We are very proud and excited for him as he steps into this role. He's earned it." The institute is a membership org...
