Certain types of property have soft sales right now. In part because the guys who dreamed of buying a small farm has done so. The younger folks have different priorities. We are seeing the same thing here with the big lake shore homes. Sales are just soft. The younger folks looking for something want a cabin, not a whole other house to maintain. Then add in as someone else said, most farmers, regardless of size today just are not able to buy additions land right now. Many are stuck paying for land they bought several years ago when corn was 8 bucks. So 2 things are at play. Most folks selling saw the prices of several years ago and they want the same that land was bringing at it's peak. With current prices most farmers who might interested in land want to by it at distressed prices.
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Today's Featured Article - Timing Your Magneto Ignition Tractor - by Chris Pratt. If you have done major engine work or restored your tractor, chances are you removed the magneto and spark plug wires and eventually reached the point where you had to put it all back together and make it run. On our first cosmetic restoration, not having a manual, we carefully marked the wires, taped the magneto in the position it came off, and were careful not to turn the engine over while we had these components off. We thought we could get by with this since the engine ran perfectly and would not need any internal work. After the cleanup and painting was done, we began reassembly and finally came to t
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