Texas’ land rush may be hitting the brakes

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Texas’ land rush may be hitting the brakes
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Rural Texas land sales dropped by almost 27% percent in the first half of 2022, according to a new study by the Texas Real Estate Research Center at Texas A&M ...

Since the start of the COVID-19 pandemic, purchases of rural real estate ramped up as buyers headed to the hills and plains and coasts of Texas.

“Clearly activity appears to be slowing,” Real Estate Center research economist Dr. Charles Gilliland said in the new report. “Demand for land, as reported by rural brokers, remains strong but has noticeably cooled from last year’s frenzied contest.”

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