{"id":54424,"date":"2017-06-23T13:47:00","date_gmt":"2017-06-23T15:00:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/english-texas-small-land-sales-jump-14-percent-price-per-acre-declines-in-2016\/"},"modified":"2017-06-23T13:50:02","modified_gmt":"2017-06-23T17:50:02","slug":"las-ventas-de-terrenos-pequenos-en-texas-aumentan-un-14-por-ciento-y-el-precio-por-acre-disminuye-en-2016","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/las-ventas-de-terrenos-pequenos-en-texas-aumentan-un-14-por-ciento-y-el-precio-por-acre-disminuye-en-2016\/","title":{"rendered":"Texas small land sales jump 14 percent, price per acre declines in 2016"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">June 23, 2017<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <span class=\"xn-location\">Texas<\/span> small land sales volume experienced strong gains in 2016, while the average price per acre declined slightly statewide, according to the Texas Small Land Sales Report released today by the Texas Association of Realtors. <\/p>\n<div id=\"prni_dvprnejpgce07left\" style=\"TEXT-ALIGN: left; WIDTH: 100%\"><img decoding=\"async\" id=\"prnejpgce07left\" title=\"Texas Association of Realtors logo. (PRNewsFoto\/Texas Association of Realtors)\" border=\"0\" alt=\"Texas Association of Realtors logo. (PRNewsFoto\/Texas Association of Realtors)\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/175272\/texas_association_of_realtors_logo.jpg \"\/><\/div>\n<p>&#8220;As our state&#8217;s population continues to grow and the footprints of <span class=\"xn-location\">Texas<\/span> cities expand, the demand for rural land will only increase,&#8221; said <span class=\"xn-person\">Vicki Fullerton<\/span>, chairman of the Texas Association of Realtors. &#8220;At the same time, after consecutive years of rapid growth in real estate land prices, prices in many regions have leveled off.&#8221;<\/p>\n<p><span class=\"xn-location\">Texas<\/span> small land sales volume jumped 14.2 percent annually to 6,992 small land tracts sold in 2016. During the same time frame, the average price per acre dipped 0.3 percent year-over-year to <span class=\"xn-money\">$5,647<\/span> an acre. The definition of a &#8220;small&#8221; land sale varies from region to region but generally is considered to be a land purchase of 200 acres or less. The exception is Far West Texas, where 500 to 8,000 acres qualifies as a small land sale.<\/p>\n<p>Strong small land sales growth was evident throughout most regions, with small land purchases in Far West Texas, <span class=\"xn-location\">Northeast Texas<\/span> and the <span class=\"xn-location\">Austin<\/span>-Waco-Hill Country experiencing annual gains of more than 20 percent. Conversely, small land sales in <span class=\"xn-location\">West Texas<\/span> declined 20.6 percent from 2015.<\/p>\n<p>As demand for small land tracts continued to rise, the average tract size of <span class=\"xn-location\">Texas<\/span> land purchased declined. In 2016, the average tract size for <span class=\"xn-location\">Texas<\/span> small land purchases declined three acres from 2015 to 36 acres. Far <span class=\"xn-location\">West Texas<\/span> and <span class=\"xn-location\">South Texas<\/span> were the only regions that experienced declines in average price per acre, falling 64.9 percent and 3.9 percent, respectively. <\/p>\n<p><span class=\"xn-person\">Charles Gilliland<\/span>, economist with the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>, commented: &#8220;While the <span class=\"xn-location\">Texas<\/span> land market remains strong, multiple factors are impacting land sales activity throughout the state. Rising prices of irrigated farmland and a sluggish agricultural sector are driving up land costs in the Panhandle, and residual effects of the oil and gas downturn have slowed small land sales activity in West and <span class=\"xn-location\">South Texas<\/span>. Statewide, shortages in prime land are stifling land price growth as developers consider less desirable land tracts.&#8221; <\/p>\n<p>Fullerton concluded: &#8220;The wise utilization of <span class=\"xn-location\">Texas<\/span> land is the bedrock of our state&#8217;s economy and quality of life. As <span class=\"xn-location\">Texas<\/span> continues to experience rapid population growth, it&#8217;s important that leaders across our state and within our communities take care to ensure that ongoing land segmentation and development preserves the unique culture of our state&#8217;s regions and does not harm essential industries.&#8221;<\/p>\n<p><b>About the Texas Small Land Sales Report<br \/><\/b>The Texas Small Land Sales Report analyzes small land sales data and trends across seven regions of <span class=\"xn-location\">Texas<\/span> utilizing survey data aggregated by the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>. The Texas Association of REALTORS\u00ae distributes insights about the <span class=\"xn-location\">Texas<\/span> housing market each month, including quarterly market statistics, trends among homebuyers and sellers, luxury home sales, international trends, and more. To view the Texas Small Land Sales Report in its entirety, visit <a href=\"http:\/\/www.texasrealestate.com\/\" target=\"_blank\" rel=\"nofollow\">TexasRealEstate.com<\/a>.<\/p>\n<p><b>About the Texas Association of REALTORS\u00ae<br \/><\/b>With more than 110,000 members, the Texas Association of REALTORS\u00ae is a professional membership organization that represents all aspects of real estate in <span class=\"xn-location\">Texas<\/span>. We advocate on behalf of Texas REALTORS\u00ae and private-property owners to keep homeownership affordable, protect private-property rights and promote public policies that benefit homeowners. Visit <a href=\"http:\/\/www.texasrealestate.com\/\" target=\"_blank\" rel=\"nofollow\">TexasRealEstate.com<\/a> to learn more.<\/p>\n<p>Logo &#8211; <a href=\"https:\/\/mma.prnewswire.com\/media\/175272\/texas_association_of_realtors_logo.jpg\" target=\"_blank\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/175272\/texas_association_of_realtors_logo.jpg<\/a> <\/p>\n<p>SOURCE  Texas Association of Realtors<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">June 23, 2017<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <span class=\"xn-location\">Texas<\/span> small land sales volume experienced strong gains in 2016, while the average price per acre declined slightly statewide, according to the Texas Small Land Sales Report released today by the Texas Association of Realtors. <\/p>\n<div id=\"prni_dvprnejpgce07left\">&lt;img id=&quot;prnejpgce07left&quot; title=&quot;Texas Association of Realtors logo. (PRNewsFoto\/Texas Association of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":54425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-54424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/54424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=54424"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/54424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/54425"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=54424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=54424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=54424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}