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This article doesn't scream they all paid cash"
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tmrand
Posted 2/17/2024 14:14 (#10627589 - in reply to #10627520)
Subject: RE: This article doesn't scream they all paid cash"



Southeast Colorado
13 contiguous qtrs in four tracts just sold a couple of days ago at auction. They would have extended the 12 contiguous ones we already have. They brought about the same as land has been bringing the last 5 years. Not up any.........but certainly not down. I was willing to bid a number that was about 75% of what it brought. Interest rates were definitely a factor in me sitting on my hands. Out of area bidder bought them all.

Edited by tmrand 2/17/2024 14:16
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