In the past, we’ve discussed the recent increases in home values, skyrocketing high-rise building values in large cities, and even what some would consider absurdly priced Hamptons beachfront land. But what about the thousands of empty fields in America’s heartland, surrounded by corn and already split into lots, waiting for potential homeowners and developers to purchase and build upon them? If you guessed that land prices are increasing, you were right! The New York Times reports that the cost of land in middle America has doubled in value in the last couple years.
Have you noticed this increase?