Rural Wisconsin is seeing an increase in property values. Story by the Wisconsin Ag Connection
Local bankers from around the Midwest have confirmed what we already knew: 2011 was a huge year for increased farmland property values. According to the latest survey of agricultural lenders in the Seventh Federal Reserve District, farmland values between October through December 2011 were up another four percent from the three months previous. For the year as a whole, values were 22-percent higher in the district--the biggest annual increase since 1976.Find your dream rural getaway or hunting property - listings in over 45 Wisconsin Counties BuyWisconsinLand.com
In the most recent questionnaire of 205 rural bankers, survey respondents said agricultural credit conditions were stronger in the fourth quarter of 2011 than in the preceding fourth quarter, although non-real-estate loan demand was weaker.
Full Story Wisconsin Farmland Values Rose 18-Percent in 2011