The economic shift has thrown Oregon into the mix, Oregon holds its own beauty and value due to the price points it offers. East Coast buyers are discovering the value and the investment opportunities the state has to offer, Texans are looking hard at the abundance of water and grazing opportunities for the cattle market, and the recreational buyer is looking at the privacy and security Oregon offers in its lands, which lie in close proximity to small towns with great amenities, strong family values and relative low cost of living.
Sellers can capitalize on the trend of buyers looking at Oregon as well. If they follow the real market values of these types of properties, 2017 and 2013 should be banner years for any owners that want to divest from their land at real market prices. Many new prospects are looking at Oregon and are motivated to capitalize on the price, value and beauty our state offers.
In the past decade, several large tracts of Oregon land have been sold for impressive prices. In 2007, the Ochoco Ranch, 42,000 deeded acres of timbered high country near Prineville in central Oregon, sold for approximately $42 million. More recently in 2017, the Gutierrez Ranch and Cattle Company 21,529 deeded acres plus another 50,000 acres of Ochoco National Forest and BLM grazing permits just 85 miles east from Redmond, was listed for $21.5 million. These are only two examples to illustrate the growing interest investors are showing in the Beaver State.
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