Feb 20, 2008
Texas Land Market Developments — First Half 2007
Sales volume dropped 31 percent in the first half of 2007, but prices rose 15 percent. The average property sold averaged 82 acres, a new low. There was a continuing interest in land as an investment. Some buyers immediately put purchased property back on the market.
Sales volume dropped 31 percent in the first half of 2007, but prices rose 15 percent. The average property sold averaged 82 acres, a new low. There was a continuing interest in land as an investment. Some buyers immediately put purchased property back on the market.
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