As the average age of working landowners increases and younger generations increasingly choose jobs and lives in more urban or populated areas, the rural landscape is changing. And just as often as these changes present challenges, they present opportunities. While in Maine this spring, we visited two working farms that have addressed these types of challenges with creativity, making each challenge an opportunity to build community and connection around working lands: Wolfe’s Neck in Freeport and Aldermere Farm in Rockport.
Northwest Farm Credit Services releases a Market Snapshot of land values quarterly. Their latest issue details market trends through 2016. The decrease in number of sales in 2013 - 2015 reflects constraints in supply rather than weak demand.
Across the region, demand remains strong for working ranches and good-quality agricultural properties due to a strong demand for grass and a limited inventory of good-quality properties. As is typical in the market, properties with premier recreational features or locales with limited private ownership are in highest demand.