Of the 21 counties that I am recording sales data,Buckingham had the most arms length transactions of land tracts over 50 acres in size.In the 2 year period between January 1,2008 and December 31,2009 there were 57 sales. 33 sales occurred in 2008 and 24 in 2009.36 sales were of rtacts between 50 and 100 acres and 21 were of tracts over 100 acres.The first quarter of 2008 had the most sales with a total of 14. 8 of those sales were over 100 acres. 5 sales were to the adjacent landowner and 8 were less than the county's assessed value.Interesting stuff.Why is this so?
Friday, February 5, 2010
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