1) Location, Location, Location. Always review the
location to where you will travel. How far are you to school, doctor, grocery
store, or work?
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(1st Quarter Sales By Year)
First quarter land sales (Jan. 2011 - March 2011) show mixed results. Compared with 2010 first quarter sales are up 21percent, but gross sales are down 2 percent.
On December 31st 2010 the Lynchburg MLS has 1337 land listings with 994 being less than 6-acres. The number of tracts six-acres, or less, increased by 103 from the first quarter 2010 and the total number of land listings also increased by 206 from that date. This is still a buyer’s market.