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Thursday, March 15, 2018

Yates farmland: It's a seller's market - observer-review.com

Yates farmland: It's a seller's market - observer-review.com: Jim Moon, broker, owner of Penn Yan's Howard Hanna office said, "The sales price per acre for farm properties just keeps going up." Moon said it all comes down to supply and demand. "There's only so many acres of farmland available in the county, and right now there are more buyers. I am getting seven times more calls now for craft breweries and distillery locations than I am getting for wineries." Moon said between current farmers that want to expand their operations, new wineries, craft breweries and distillers along with young farmers buying their first property the demand keeps pushing the prices higher.