Rural Land Values in the Southwest: First Half, 1997 Page: 6
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"Raw land is gaining strength in today's
market due to increased development
activity." (Houston area broker)
"Houston economy continues to expand
which will drive land prices upward the
next five years to pre-oil bust levels."
(Houston area appraiser)
"Homesites for commuters to Houston in
any size sell well. Tracts with all the parts
(hill, good acres, water, scenic vistas,
good school district) carry a premium.Unattractive land won't sell at any price."
(Houston area broker)-
"Due to the increase in timber prices, the
demand for timberland continues to
increase. Within the past six months,
demand has increased considerably for
pasture land." (Northeast Texas appraiser)
"Every buyer fears the Endangered
Species Act. They hope the law is
changed in the near future." (Northeast
Texas broker)1297-450-1210
6
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Gilliland, Charles E. & Semien, Anthony. Rural Land Values in the Southwest: First Half, 1997, report, December 1997; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1586956/m1/10/?rotate=180: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.