Texas Land Buyers Log
Recreation Motivates Texas Land Buyers Recreational Land Purchases - Wildlife - Ag News & Views Recreation Motivates Texas Land Buyers Log In | Register My Profile | Log Out Ag Home Page Agricultural Staff Consulting Teams NF-1 Team (coming soon) NF-2 Team (coming soon) NF-3 Team NF-4 Team (coming soon) Ag News & Views Jr. Beef Excellence Program Consultation Program Custom Hire Listings eCattleLog Feed Library Hunting & Recreational Leases Agricultural Tools Online Publications Ag Info Index Economics Forages Horticulture Livestock Soils Wildlife Plant Image Gallery Internships Wildlife: July, 2003 July, 2003 Table of Contents Other Wildlife Articles by Grant Huggins It's a fact – today's rural land buyers are more likely to have hunting and fishing on their minds than cows or cotton. Recreation is the primary motive fueling the rural Texas land market." This statement by Judon Fambrough, Senior Lecturer in Real Estate Law of the Real Estate Center at Texas A&M University (REC), shouldn't be a surprise to observers of the Texas land market. In fact, there isn't anything close to recreation, particularly hunting and fishing, as a motive for buyers of Texas land. The following chart from Charles E. Gilliland, Research Economist of the REC, shows the buyer motives rated as "very important" in the REC fall 2002 survey of Texas real estate appraisers, brokers, lenders and government officials. The survey question recorded the groups' opinion of all factors that were "very important" in land purchase decisions; most buyers incorporate several factors in their decision, and thus the categories add to more than 100%. Figure 1 shows that those surveyed believe 80% of buyers rate hunting and fishing quality as very important in their land purchase decision, up from 67% in the fall 2001 survey. Gilliland says that according to their surveys, recreation has been the dominant motive of Texas land buyers since spring 1995. These observations may have relevance to south central Oklahoma land values, where many Metroplex buyers are seeking less expensive retreats than the going prices in Texas. These trends should be taken into consideration when making land management decisions. Game animals are a product of native vegetation. They are not generally abundant in landscapes dominated by introduced vegetation, whether it is forage or crops. Knowledgeable land buyers understand this. The REC produces a report which divides Texas into 33 Land Market Areas (LMA). The most recent data available is their Fall 2001 report. Their report on LMA 22, containing Montague, Cooke, Grayson and Fannin counties of the NF Agricultural Division's Texas service area, includes Table 1. Statewide values are listed for comparison. Gilliland points out that "…rangeland generally attracts the recreational buyers prevalent in today's market." Prudent land managers should consider conversion costs, management costs, opportunity costs of alternate enterprises and impacts on future land values before converting native vegetation to other land uses. © 1997-2005 by The Samuel Roberts Noble Foundation, Inc.
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Please take a few minutes to explore our site. You will find information on our school, our course offerings and our instructors, as well as important resources for real estate professionals such as links to real estate license law , the Florida Real Estate Commission (FREC) and other industry-related sites. Conveniently located in Tallahassee, at 2100 Centerville Road, we have been training real estate professionals in North Florida for more than 20 years. We have helped more students obtain real estate licenses than any other school in the area. You'll love the wall-to-wall windows with tree-top views. Our instructors are personable and knowledgeable, with years of experience in the fields of real estate sales, brokerage and appraisal. Our online real estate courses are second to none. We offer online sales associate pre-licensing and online post-licensing courses , with a wide variety of supplemental material to help students pass the Florida real estate exam . We realize that choosing the best real estate school can be a tough decision. We encourage you to see what our students have to say about us . If you're in the Tallahasse region and considering taking one of our classroom courses, feel free to call a few local brokers and ask them which real estate school they would recommend. We're confident they will send you to us. If you have any questions that have not been answered by your visit to our site, please contact us and let us know. ** Free UPS Ground shipping on all orders is available in the continental US only. Free shipping not applicable to Hawaii, Alaska, Puerto Rico or the US Virgin Islands. home | courses | exam prep | books | laws | forum | articles | support | contact | links forum -- online store | store search | view cart | checkout | terms & conditions | testimonials | site map All content 2002-2005, The Real Estate School, Inc. 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Denver Real Estate Site
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