Land sales leading recovery in housing market and why you should care

land recovery
land recovery

You still may not be able to find a buyer for your house that sits wilting on the market, but don't be surprised if that large empty tract of land down the road is getting plenty of attention.

While the existing home sales market is just beginning to show fluttering signs of life, things are booming in the land sales sector.

The truth is, land has been the key all along. Even when home prices were leapfrogging their way to the stratosphere, it wasn't the structures that were increasing in value, it was the land those structures sat on. Why land? The old saw is true: Land is valuable because they aren't making any more of it.