“We almost feel like we’re at historical highs in the interest rate world, but we’re really at historical normals. The fact that the Feds held off this last quarter seems to be a bright light in the sky for us,” stated CEO of National Land Realty Ronnie Richardson during his appearance on RFD-TV earlier this week.
Ronnie went on to discuss market factors that are still influencing farmland sales in the Midwest such as low nationwide listing inventory, as well as the power of 1031 Exchanges and Delaware Statutory Trusts for landowners going into the final quarter of 2023.
