My Texas Land Blog » Texas Hill Country News http://www.mylandblog.com Tips and tricks in finding affordable country land Sat, 11 Jul 2009 22:28:18 +0000 http://wordpress.org/?v=2.8.1 en hourly 1 Texas is Cheap for Foreign Investors http://www.mylandblog.com/26/texas-is-cheap-for-foreign-investors http://www.mylandblog.com/26/texas-is-cheap-for-foreign-investors#comments Sat, 05 Jul 2008 01:28:15 +0000 admin http://www.mylandblog.com/?p=26 We’ve heard that Texas land is still a bargain compared to the rest of the country. However, I recently listened to a talk given by Manfred Chemek, CEO of an international real estate investment firm, at the 2008 Realtors Land Institute that was held in San Antonio. Mr. Chemek stated that due to the weak American dollar, many foreign investors from Europe and the Middle East have begun to buy large tracts of raw land in Texas.

Interestingly, quite a bit of this land was purchased on the basis of a “romantic atmosphere” seen only in old cowboy films and serials. A German investor came over to West Texas and fell in love with the desert because there was “nothing like that back at home (in Germany)”. A German author that made a living selling fictional books about the old West and cowboys had never set foot in America! Fortunately, due to the decline of the dollar, this German author was able to buy country property and live the lifestyle he made a living off of.

]]> http://www.mylandblog.com/26/texas-is-cheap-for-foreign-investors/feed 0 Are We Running Out of Country Land for Sale? http://www.mylandblog.com/9/are-we-running-out-of-country-land-for-sale http://www.mylandblog.com/9/are-we-running-out-of-country-land-for-sale#comments Sat, 07 Apr 2007 02:54:06 +0000 admin http://www.mylandblog.com/9/are-we-running-out-of-country-land-for-sale Have you ever had the feeling that by the time you get around to finally purchasing your own piece of country land, there might not be any left? The last time I checked, they weren’t making any more land. I wonder if I am alone in that thought.

Well, I saw a cool topic the other day at thelandjournal.com which ran some interesting statistics…

United States Population
July 1, 1900 = 76,094,000
July 1, 2006 = 298,444,215

United States Land Statistics
Developed: 66 million acres
Rural Residential: 73 million acres
Crop Land: 349 million acres
Range and Pasture Land: 788 million acres
Forestland: 747 million
-USDA Economic Research Service

Crop land alone is enough to handle the United State’s population. Nonetheless, I think part of the worrying comes from thinking about states like Florida. You always seem to hear land being developed and spiraling out of control, but in reality, according to those stats above, there’s still plenty of land to buy and enjoy. I guess the real question is, how much beautiful land is left? :)

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