Farmland sales market more stable in 2023
Farmland values nationally are projected to remain stable or increase slightly over the next year, according to experts with Iowa-based Peoples Company, signaling a possible slowdown to the dynamic pace of value increases and higher sales prices seen over the past two years.
Peoples, a full-service farmland transaction and land management company, reports that while farmland will continue to remain a strong investment well into the future, higher inflation and interest rates coupled with a potential decrease in the number of cash buyers could put a damper on the increasing sales and value...
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