The US economic system is slowing, inflation and interest rates are rising and real estate gross sales are slowing and set to plunge and with Iran and the UN on a collision course, the US financial system could be hit with higher oil costs again, cuasing plunging economic development and tumbling actual property prices. Many Americans are unable to pay their payments and this does create an issue for some acres of land for sale. It is a premier fishing, looking and home web site property positioned in Tallassee, Alabama. If a state company has identified the real property as surplus to their needs, it is appraised, presented to the Land Board for approval, and supplied to state authorities and tax supported companies for potential sale.
The farther you go away from the “superb” areas the less individuals are looking to buy it and the decrease the value is. An interesting anecdote right here; I had a pair come to me a couple of years ago looking to purchase a hundred acres or so on the oceanfront near Rehoboth, for horses; they might easily afford the value of a million an acre or so, however they ended up buying land …
