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Land Sales Continue to Lead Lifestyle Real Estate Market

    
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Land Sales Continue
to Lead Lifestyle
1 Real Estate Market
United Country Reports 74% Rise in January Ranch Purchases

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February 18, 2014 – (KANSAS CITY, Mo.) – Land sales showed strong growth and stability in 2013, and are continuing their climb at the beginning of 2014. United Country is reporting large increase in land sales volume driven by a 74-percent rise in ranch sales during the month of January.

“These numbers reinforce the fact that land is – and always will be – a sound investment,” said Mike Duffy, president of United Country Real Estate. “Over the past several months, farms, ranches and recreational land have continued to show steady sales volume and price increases. This shows us that not only do investors want to put their money into tangible assets that are income-producing, but Americans are spending discretionary dollars for recreational and conservation land.”

The lifestyle real estate firm is also seeing an increase in amount investors are willing to pay for land over the same period in 2013.“The average sale prices for land in January increased 3.5 percent over 2013,” said Jason Cole, chief financial officer for United Country Real Estate. “Additionally, our nearly 500 offices are showing great productivity during the market recovery. All signs point to one thing – people are putting their investment dollars back into real estate.”

These are not the only indicators of a high interest in rural and lifestyle property. According to United Country Real Estate, the nation’s largest seller of non-urban real estate, visitor traffic at the firm’s national website – UnitedCountry.com – increased to record levels.

“At United Country, 2013 was a year of record breaking web traffic and it looks like this upward trend will be continuing in 2014,” said David Dickey, chief technology officer for United Country Real Estate. “In January alone, our largest website, UnitedCountry.com received over 1,500,000 visitors – breaking all-time records for our firm this early in the year. In addition to the January total visitor record, UnitedCountry.com received a historic amount of unique visitors coming to the site. These statistics – along with the approximately 48,000 visitors we are seeing every day – are larger than any month our team has seen since UnitedCountry.com launched nearly 20 years ago.”

“We all continue to pursue the American dream,” Duffy said. “Lifestyle property is a big part of this dream of truly owning amazing properties and enjoying the lifestyle afforded by non-urban real estate in the U.S. and resort areas of Panama, Costa Rica and Mexico, where United Country Real Estate operates over 500 offices.”

For more information about United Country Real Estate, call 800-999-1020 or visit their website at www.UnitedCountry.com.

About United Country

United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States and Latin America. The company has been an innovator in real estate marketing since 1925. United Country supports nearly 500 offices across the U.S., Costa Rica, Panama and resort areas of Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing websites (more than 3,000 separate sites and traffic of approximately 3 million visitors per month), multiple United Country real estate catalogs and third-party lifestyle magazines with national distribution , an extensive buyer database, national newspaper advertsing and other national advertising of local properties that reaches more than 90 million homes per week. United Country has recently been recognized by Franchise Business Review, AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.

1 Lifestyle property includes small city, town, retirement, recreational (hunting, fishing, equine, ski, etc.), vacation, waterfront, coastal, mountain, ranch, farm, land and all other real estate outside of urban markets.

NATIONAL HEADQUARTERS
2820 NW Barry Road, Kansas City, MO 64154
816-420-6200  www.unitedcountry.com


Members of the media needing information on United Country or our marketplace, contact
Angela Smith, Public Relations & Social Media Manager
Phone: 816.620.6241 or Email: asmith@unitedcountry.com
 
  
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