RURAL LAND IN NORTHEAST TEXAS

In 2016  prices climbed more than 8.6%.  The 1,781 sales eclipsed first quarter 2016’s total of 1,576 sales.  At 3,748 per acre, prices continue their strong recovery from 2011 lows.  An uptick in oil and gas activity in the Haynesville Shale as well as robust recreational demand contributed to this strong performance.  All this from Tierra Grande magazine from the Texas A&M Real Estate Center.