Why Buy Land Now?

As we continue looking at the groups of people who are buying land, it would be impossible not to mention international buyers. Wealthy international buyers are definitely in the market, including Mexican nationals who feel safer having some of their investments in the U.S.

Big money is looking for a place to park. They’re not going to put their money into stocks or bonds. They’ve got it in cash, and they want a tangible asset.Those buyers mostly want several hundred acres and don’t care if there’s a large ranch house or hunting lodge on site. People are just paying for the dirt.

The weak dollar makes Texas land less expensive to foreign investors and some have already taken advantage of the situation by purchasing timberlands in east Texas. As of July, there did not appear to be a rush of offshore investors into the market.

However, some U.S.-based buyers appear to be anticipating future inflation as they aggressively seek out properties that are not offered for sale.  These forces undeniably continue to exist.