Homes, while not that high here, have fallowed a trend like that here money wise. They never were that much so a 20k price jump over the last 3 years then a 30k drop the last year has made the percentages look worse.
2 to 5 acre building lots are flat out not selling now. Any lots close to town were snatched up the last 3 years now the ones out in the sticks no one wants because they are scared of the price of gas. (Not going to buy a MccRanch spread if they can"t drive a Suburban 30 miles to work.)
I have been looking for production land to slide a little this winter but they have not. Seen a cattle farm with bad fences, few bins, pole barn shop, and harvestore silo sell for $2000/acre the other day. The only big land that has droped here is timber. Logs ain"t worth much and the city punks who need 200 acres to deer hunt and drink beer on don"t have the funds these days to bid the ground up.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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