Our blog will help keep you informed about news and information related to the farm, ranch and rural real estate markets. If you share our desire for wide open spaces and investment in the land, we hope you will subscribe, read and discuss the stories we find and develop here. More than just an investment, ranch, farm and rural real estate evokes a type of lifestyle that was born over a century ago and still provides a certain romance and passion for those who embrace the pioneering spirit from those days gone by.

Scott Shuman Elected as VP of National Auctioneers Association

Yesterday, our Partner Scott Shuman was unanimously elected as Vice President of the National Auctioneers Association (NAA).  In one year,  he will rotate into the Presidency.  It’s a great honor and testament to Scott and Hall and Hall’s reputation within the Auction Industry.

Founded in 1949, NAA is the world’s largest professional association dedicated to auction professionals. Headquartered in Overland Park, Kan., the NAA represents the interests of thousands of auction professionals in the U.S., Canada and across the world.

Scott has more than 29 years of auction experience attending auction school in 1986 and opening an auction firm shortly thereafter.  He is the 2014 Colorado State Champion Auctioneer, and was awarded the 1997, 2002 and 2014 Auction of the Year awards from the NAA, as well as the prestigious Rose Award presented by the Certified Auctioneers Institute. Scott has served as an instructor for the Certified Auctioneers Institute and Trustee for the NAA Education Institute.  He is a past CAA Board member and currently serves as a director on the NAA Board.  Scott and his wife Krista reside in Eaton, Colorado with their three children. Their hobbies include snow skiing and cheering on the Denver Broncos.

Hickory-Cattle-Company1

 

Ranch Broker Joel Leadbetter Profiled by LAND Magazine

We were thrilled by the comprehensive profile of Hall and Hall Partner Joel Leadbetter written by Lorie Woodward Cantu in the July 2016 issue of LAND Magazine.  The article details Leadbetter’s 30+ year career as a ranch broker with Hall and Hall, including a number of his high-profile deals, such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch. It also delves into his upbringing on a commercial cattle operation near Ennis, Montana, while simultaneously detailing Hall and Hall’s rich 70 year history. The full article can be found here.

An excerpt reads:

Celebrating its’ 70th anniversary in 2016, Hall and Hall is built on a longstanding tradition of delivering superlative service for its clients. Henry Hall Sr. and his sons, Warren and Henry Jr., founded Hall and Hall Mortgage Company in 1946 as the exclusive correspondent for the Connecticut Mutual Life Insurance Company, a major lender to the agricultural community at that time.

Through the years, the company added complementary divisions to meet the needs of their growing client base. Over time, it developed into a ‘one-stop shop’ for people who are interested in land as an investment and an enterprise. Today, the service lineup of Hall and Hall includes: traditional brokerage, auctions, finance, appraisal and farm and ranch management.

“I was taught a man’s word is his bond—and I still believe in the binding power of a handshake,” Leadbetter said. “At Hall and Hall, we operate on old-school principles because our clients deserve—and expect—honesty, integrity and personal accountability. Our brand is built on trust.”

Leadbetter at the 2016 Reno Rodeo Invitational  roping with ranch broker, Chance Bernall of Beaverhead Home and Ranch Real Estate. Credit Brenda Allen

Leadbetter at the 2016 Reno Rodeo Invitational roping with ranch broker, Chance Bernall of Beaverhead Home and Ranch Real Estate. Credit Brenda Allen

Oil Prices and Land Investment in Texas

By: Tyler Jacobs

There is no doubt that the resiliency of the Texas land market has continued to surprise even the most optimistic of market expertise. While there have been many reasons to be bearish, such as suppressed pricing in our farm crops and the associated lending challenges, the obvious collapse in crude oil pricing and the resulting upstream pause in drilling and exploration, and the land prices in our state continue to climb at a modest rate on average. What creates such underlying market strength in our land markets? What keeps the momentum moving forward? A few thoughts on this might be worthy of sharing:

First is simple demographics. Texas is and will continue to see its population grow. The public’s appetite for real estate follows in direct correlation to that growth. Hence, what was once rural is now suburban and that creates demand for land.

calohan-creek-021

Second, is economics. The wealthier segment of our citizens have less debt and more cash than at any other time in modern history. Eventually that cash finds its way to the stability of land ownership. It is a safe investment  and you can enjoy your wealth in a tangible way. You can’t hunt and fish within your bond investment, nor do your grandkids care.

Third, is limited speculation. The Texas land price collapses of the late 80’s and early 90’s were caused by several factors, one of which was aggressive speculation in land by short term investors. Today’s Texas buyers are largely aware of the potential investment returns of land ownership for the most part, by for the most part have a desire to own land and hold it apart from speculative motivations.

http://hallhall.com/ranches-for-sale/properties/point-peak-ranch

 So, the Texas land market was, is, and will be stronger than our fears might lead us to predict, but there are still many market factors to watch. Can’t say it any better than Will Rogers, who famously stated in his subtle wit, “Don’t wait to buy land, buy land and wait!” Check out our selection of Texas farms and ranches for sale.

About the author: Tyler Jacobs lives and ranches five miles outside of Montgomery, TX.   Graduating from Texas Tech University with his degree in Wildlife and Fisheries management, Tyler has had professional and entrepreneurial experience in hunting operations, timber valuation, cow/calf and yearling operations, grass-fed beef production, and land-use planning. Currently serving as President of the Texas Land Brokers Network, he also is an affiliated member of RLI, TSCRA, MCBIA, and TALB. A proud fifth-generation Texan, Tyler holds the legacy of land ownership in the highest regard.

Rock Creek Ranch in Idaho Becomes Research Center

Rock Creek Ranch near Hailey, Idaho is a 10,400 acre property The Nature Conservancy and the Wood River Land Trust bought through a generous land deal with Harry Rinker and his family. Now its part of a collaborative effort with the University of Idaho that will allow students and researchers to develop best management practices for the 21st century. The partnership lays path for sustainable ranching future, will foster researching and learning, and ensures the ranch will  be open space with public access. Read the full story here.

Rock Creek Ranch

Rock Creek Ranch

 

Colorado Land and Water Unit Auction

Hall and Hall will be auctioning 411+/- acres of irrigated farmland, 276 Colorado-Big Thompson Water Units, and 13.75 Highland Ditch Shares on Thursday, July 28th at 10 a.m. at The Ranch in Loveland, CO. The property and water will be offered in 47 tracts & combinations ranging from four to 97+/- acres. Inspection dates are slated for Thursday, June 23rd, June 30th, & July 14th at Longs Peak Equipment on Hwy. 66 & I-25. To learn more, call Scott Shuman of Hall and Hall Auctions at 970-716-2120.

“The Colorado-Big Thompson Project provides supplemental water to many cities and towns for municipal, domestic and industrial uses, and is used to help irrigate approximately 640,000 acres of Northeastern Colorado farmland,” said Shuman. “Shares in the C-BT have mostly been acquired by fast-growing cities and energy companies, and leased back to farmers or others who seek to use it on a temporary annual basis. This is a great opportunity for an individual to purchase his or her own units, which have been a strong investment for many years.”

Also, included in the auction are 13.75 Highland Ditch Shares. These shares have become very sought after as they can be purchased by anyone and held as an investment. “Water in Colorado is the new gold,” said Shuman. “Seldom does an opportunity present itself where an individual can purchase this many shares of water at one time.”

Reynolds_WebCover

Texas Hill Country, a Land Rush for the Rich

The Wall Street Journal just published an interesting article entitled, “Texas Hill Country, a Land Rush for the Rich,” detailing how a new wave affluent buyers are seeking luxury ranch getaways in remote central Texas.

An excerpt reads:

“Today’s settlers are reshaping the landscape in their own way, building modern getaways with little interest in herding cattle or growing crops. These newcomers are attracted to the remote, rural lifestyle within distance of cosmopolitan cities. Retirees from across the U.S. often relocate here for an active lifestyle and low cost of living relative to many other states. And while there’s still a strong cowboy vibe, there are plenty of cultural offerings and some creative fare for foodies.” 

Here is a list of our Texas ranches for sale, including Calohan Creek Ranch, Lucky Star Ranch, Lucky P Ranch, and more.

texas ranch for sale, wall street journal, texas homes