Land brokers got a lot busier during the pandemic.
Almost 22% of land brokers experienced a significant increase in business, while 33.6% saw some growth during the pandemic. Twenty-five percent saw no change, according to the first land real estate agent and broker survey from National Land Realty.
Land values also went up during the pandemic. For 44.5% of respondents, land increased between 1% and 5%. Another 5% saw land increase significantly, while 29% saw no change.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
