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Lenders consider vacant land a riskier investment than a house that’s already built, and they charge more to finance it as a result. For this reason, paying cash if you can is a good strategy.
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Shelby County ranked as the number one spot for houses to sell under list price in Tennessee. In Shelby County, most homes sold at 3.23% below list price. With a median list price of $275,000, the ...
Tennessee has the eighth-most farms in the nation, which cover more than 40% of the state's land area, and have an average size of about 155 acres (0.63 km 2). [15] Cash receipts for crops and livestock have an estimated annual value of $3.5 billion, and the agriculture sector has an estimated annual impact of $81 billion on the state's economy ...
More people choose renting over buying. ... of people paying less than $1,000 has fallen," according to the University of Tennessee Knoxville's Boyd Center 2024 state economic report. "Tennessee ...
From 2017 to 2022, the average value per acre of all American farmland grew from $4,368 to $5,354, an increase of nearly 23%.