Consumer confidence index rose to highest levels in recent months. This is another sign that the market for rural land is forming a bottom.
There is a lot of pend up demand that will soon start to move. It's like a wire with several birds sitting on it. First one birds flys off, then a couple more, then all of a sudden they all fly off. That's what is getting ready to happen with the rural land market. If you are planning on owning some rural land and you've ben waiting for the bottom you should plan to be one of the first "birds to fly" because once they all start to fly prices will begin to go back up
Wednesday, May 27, 2009
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