Comprehensive Land Market Trends - 2023 IL Land Report

What is currently unfolding in the land market, and how can we utilize land and value trends to enhance our decision-making process regarding land acquisition? The 2023 IL Land Report provides a comprehensive overview of the land market trends in Illinois, shedding light on the current state of the real estate landscape. The report delves into the latest land market trends and the key factors influencing farmland value and trends to empower you to closely monitor and take advantage of the ever-evolving land market and capitalise on gain. Join the conversation as we examine historical land trends and review a recent publication of Illinois. Get market insights now and be on a competitive edge! Let’s jump in! Key Highlights from the Show [00:01] Episode intro and what is in for you today [04:04] Land auctions and transaction stabilization in the market [06:29] Jake's story of how he bought back their original family farm in 2021 [08:06] Land values and trends for wreck and excellent grounds [11:16] Cash rent and cash flow trends [12:01] What wreck, fair, and recreational land cost in the state of Illinois [14:39] Soil productivity map of the state of Illinois [15:51] Farmland price expectation for 2023 [16:30] Some of the reasons people were selling farmland in 2022 [17:41] Buyers of farmland in 2022 [18:16] Wrap up and end of the show Exodus & ASIO Giveaway! https://bit.ly/42gOnc3 https://linktr.ee/TheLandPodcast https://linktr.ee/exodustrailcamera https://bit.ly/TheDeerGearPodcast