Re: Land prices falling.
Yes, prices are falling right now but with the economy in the shape it is in and the banks tightening the reins on loans, it is still hard for a lot of people to buy.
I would suggest though that if there is any way possible, that people should take advantage of the lower prices and buy some land if at all possible. Land has always been a good investment.
I also would be on the look out for land that could be bought on a land contract but do suggest that you get a lawyer to draw up a contract for your purchase as today isnt like it was years ago. Back then, you could take a man at his word, but not these days. So its much better to be safe than sorry.
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