February 15, 2012
We've been getting a lot of questions lately from people who read about recent increases in farmland prices and aren't sure what the current market means for them. Murray Wise Associates' auctions have been setting local community records for comparable land, and in my 35 years in this industry, I've never seen more liquidity and capital seeking to buy farmland.
Champaign, IL, Feb 7, 2012 -- A 381-acre farm in Vermilion County, IL sold for a total of $3,503,200. The farm was offered for sale in 5 tracts and was managed by Murray Wise Associates.
January 25, 2012
FORT DODGE, Iowa (Jan. 25, 2012) -- Approximately 430 acres of productive Iowa farmland will sell at auction Wednesday, Feb. 22, with Murray Wise Associates marketing the property and managing the sale.
January 17, 2012
KILBOURNE, Ill. (Jan. 17, 2012) -- Will Crane Creek Golf Course continue to exist? Or will it once again become farmland?
The answer may depend on who purchases the 347-acre Mason County property on Tuesday, Feb. 21, when Murray Wise Associates sell it at auction.
December 21, 2011
CLARION, IA. (Dec. 21, 2011) -- With media nationwide reporting Iowa farmland sales of $18,000 and even $20,000 per acre, land broker John Kirkpatrick believes people are getting the idea that it's too late to get a good deal on a farm. But actually, good farmland is still available for less than half that.
December 12, 2011
December 2, 2011
LINCOLN, IL, Dec 01, 2011 -- A 302-acre farm in Logan County, Ill., sold to five different bidders for a total of $2,675,000 Wednesday -- an average price of $8,857 per acre. Murray Wise Associates managed the sale, which attracted 30 registered bidders to the American Legion post in Lincoln.
September 2, 2011
CHAMPAIGN, Ill. (Sept. 2, 2011) -- Farmland prices in the Midwest continued their upward march Wednesday as a local farmer paid $4.9 million for 565 acres of land adjacent to Minonk, Ill., just north of Bloomington.
August 23, 2011
CHAMPAIGN, Ill. (Aug. 23, 2011) -- The upward march of farmland prices continued Tuesday, Aug. 22, as a regional investor paid $10,944 per acre for 143 acres of farmland ($11,593 per tillable acre) in Illinois' Champaign and Ford counties. Champaign-based Murray Wise Associates marketed the property and managed the sale.
August 22, 2011
CHAMPAIGN, Ill. (Aug. 22, 2011) -- Approximately 2,421 acres of land in McDonough and Henry counties will sell in two separate auctions Wednesday, Sept. 21, with Murray Wise Associates managing both sales.
Sold! 390 acres near Commercial Point, OH sold for $3,050,000 to one local buyer. pic.twitter.com/vmUVeg3Qh6
Great auction last night with The Wendt Group. Sold to two bidders after active bidding. Final price $2,275,000. #AshlandOhio 386 Acres pic.twitter.com/PZUaBwxqqW
Sold! 849 acres in Richland & Huron Counties, OH sold today at auction for $7,458,000 to 10 separate buyers. http://www.murraywiseassociates.com/farmland-real-estate/auction/ItemId/113/Ohio/Richland-Huron-Counties … pic.twitter.com/HST5OSNJWN
Sold! 937 acres sold at auction this afternoon for $2,141,370 (includes Buyers Premium). pic.twitter.com/mG6s5Zvxum
Murray Wise Associates LLC
1605 South State Street, Suite 110
Champaign, IL 61820
800.607.6888 (Toll free)
Real Estate and Farm Management
Murray Wise Capital
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