“We may experience higher interest rates on the mortgage side of things, but in the land industry, we don’t rely on mortgages as much as we do in other aspects of real estate like home sales. So because of that, there’s more stability,” stated President of National Land Realty Jason Burbage in regards to the 2023 land market during his recent appearance on RFD-TV.
Jason went on to illustrate the differences between the 2008 recession and the current economic conditions facing Americans in 2023. Ultimately, National Land Realty is optimistic about the 2023 land market. If you’d like to learn more about opportunities in your area, contact one of our Land Professionals!