Land Update - One of our good clients from up in Iowa called in and said he went to a land auction yesterday in Sac County. The farm ended up bringing
$11,000 per acre, and was purchased by an investor out of Minnesota. Supposedly he already has it rented out at
$600 per acre...WOW! Just FYI, land values in Iowa during the last twelve months are
said to be up over 32%.
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