Research economist Dr. Charles Gilliland reports on Texas land markets during the first six months of 2018.
Investing in land real estate can be as intimidating as it is exciting, which is why it is so important to get all the information you need to make the right decision.
The strong trends established in the second half of 2017 steamed ahead in preliminary first quarter results.
Texas land markets posted a surprisingly strong fourth quarter as oil prices rose and drilling activity rebounded.
Based on results through the first three quarters of 2017, prices in Texas land markets have moved up slightly from 2016 levels.
Prices in Texas land markets continued to rise in the first half of 2017 about 4.3 percent above price in the first half of 2016. Political uncertainty, falling value of the dollar, and continued prosperity promise to support current price and volume trends for the remainder of the year.
The news of bad real estate experiences travels fast. The value an Accredited Land Consultant (ALC) can bring when purchasing or selling a property is becoming increasingly more substantial.
Predicting return on investment when purchasing land can be hard to nail down. While no one can truly predict what the ROI of an investment will be, looking to industry indicators is a good start when choosing where to place your hard earned money.