Whitetail Properties Digital Brochure

Texas Market Report - 2021

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On behalf of the entire team at Whitetail Properties, thank you for your continued loyalty and support this year. 2021 will go down in the record-books for our company and it is a humbling experience to reflect back to see the number of clients we have been able to serve in nearly every corner of the state. Since the beginning, our vision has not wavered. We exist to serve our clients with the highest degree of honesty and care while embodying integrity, accountability, and ethics at the highest level. We serve our clients to the best of our ability because it's what they deserve, and it's what we expect from every person in our organization. This year marks the 10-year anniversary since we began serving clients in the land business across Texas, and we are honored and humbled that you chose us to help you navigate the land buying and selling experience. One of the added values we strive to provide for our clients is an accurate opinion of land values in a rapidly changing market. For the last two years, the land market across Texas has seen a dramatic shift, with an unprecedented increase in demand. The COVID-19 pandemic, government mandates, the volatility of the equity markets, inflation, and historically low interest rates all have acted to rapidly increase the buying cycle of rural land across Texas. In addition to that, there has been a material shift in the way buyers are viewing land both as an investment and as a lifestyle. With our team located throughout the state, we are fortunate to have that boots- on-the-ground market knowledge, no matter where someone is looking to buy or sell. In the pages that follow, we have combined land sales data from our agents to put together this brief summary of trends and observations across many different regions throughout the state. We hope the 2021 Texas Ranch Report helps to educate and inform you on land value trends in a rapidly changing market. If you have need for more detailed additional information related to any specific region, please refer to our Texas team contact page below, and reach out to an agent of territory that would be honored to assist. - Blake Farrar, Texas Sales Manager THE 2021 TEXAS RANCH REPORT

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