Missouri Land - A solid investment over Wall Street

My words of wisdom have fell on deaf ears for years...

     Buy land, I would say.

          Buy land, I still say today.

Over time, I have received a lot of strange looks and eye rolling. But today,
United Country Real Estate released some interesting statistics:

Rural land (non-Urban) values have increased by more than 27 percent, since 2006.

Based on United Country's closed land sales data, the national price per acre average increased from $1,691 in 2006 to $2,142 in 2008.

When compared to a roughly 35% decrease on Wall Street since 2006, land investment has become an attractive option.

What does this mean, exactly?

If Investor A put $100,000 into the stock market back in 2006, he would have roughly $64,000 today - perhaps even less based on the closing bell this week.

If Investor B put $1000,000 into land on that same day back in 2006, his investment would be worth approximately $127,000 today - 
perhaps even more based on which part of the country he invested in .

Dan Duffy, the CEO of United Country sums it up nicely:

"What makes land an even more attractive investment is that unlike Wall Street investments, land can actually be used and enjoyed
 for recreational purposes such as hunting, fishing, hiking, camping, vacationing
 or as a source of additional income by purchasing cropland or hunting leases that allows them to receive cash rents."

The old adage is true: They aren't making any more of it!

I love land and never tire of it's beauty. I'm not sure how many people can say the same of Wall Street!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Debbie DiFonzo, GRI, SRS, e-PRO
Broker/Owner

United Country VIP Realty
417-532-2031 Lebanon, MO
417-468-5900 Marshfield, MO

Serving Laclede, Webster, Wright and Dallas Counties in South Central Missouri