American Land Magazine

AMERICAN LAND MAGAZINE | SPRING 2021

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4 Landowners who are opting to sell now are getting top value for their properties and taking advantage of a market trend that started in early 2020. This can be attributed to, in large part, historically low interest rates — rates we expect to continue into the foreseeable future. There's also a prominent desire among recent land buyers to shelter assets in a safe, long-term investment. Annual returns on farmland since 1990 (the first year of the index) average 11.5 percent. Early last year, we wrote about this active, booming rural land market. At the time, this success was considered a remarkable feat — the land market was an outlier. Today, these favorable conditions remain in spite of a laundry list of uncertainties that have taken place to date: last spring's plunging equity market, an erratic U.S. economy and the arrival of COVID-19. BUYER TRENDS TELL OUR STORY Active buyers continue to pursue rural land opportunities and, in turn, rural land sellers are taking advantage of strong land values, their properties are selling quickly and for top dollar. There's nothing that we've observed at Whitetail Properties that suggest the hot land market we've enjoyed since last year is going to slow anytime soon. NOW IS THE TIME TO GET TOP DOLLAR FOR YOUR LAND

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