Rural Initiative

 

Date of this Version

February 2008

Comments

This study was funded by the University of Nebraska Rural Initiative. University of Nebraka–Lincoln Research Bulletin RB349, Farm Real Estate Ownership Transfer Patterns in Nebraska’s Panhandle Region.

Abstract

The purpose of this study was to review and analyze the entire universe of recent agricultural real estate activity in the multi-county, Panhandle Region of Nebraska. This region was chosen because of the widely-held perception that a consider¬able number of acquisitions in recent years were by absentee owners. By investigating all recorded agricultural land trans¬fers (filed in public records) for the period 2003 through the first half of 2006, we were able to identify the true characteris¬tics of the market and analyze the associated implications.