Corporations/Partnerships Account for 17 Percent of Recent Land Purchases

Corporations/partnerships accounted for approximately 17 percent of land purchases in the past 12 months ending June 2014, according to information gathered from a NAR-REALTORS® Land Institute Survey, conducted in July 2014.

  • About two-thirds of land purchases by corporations/partnerships were development (30 percent), commercial (26 percent), and timber (17 percent) lands.
  • Slightly more than half of the purchases were for land in RLI Region 3 (KY, TN, NC, SC, GA, AL, MS, FL) and RLI Region 4 (KS, MO, AR, LA, OK, TX).

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For the full report, visit: https://rli.memberclicks.net/index.php?option=com_mc&view=mc&mcid=form_175226

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