The Farm Real Estate Situation, 1930-31 (Classic Reprint)

Download or read book The Farm Real Estate Situation, 1930-31 (Classic Reprint) written by Benjamin Ralph Stauber and published by Forgotten Books. This book was released on 2017-11-19 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Farm Real Estate Situation, 1930-31 Values in the East North Central and South Atlantic States de clined per cent on an average, and those in the East South Cen tral declined per cent. Declines in individual States ranged from 5 per cent in Michigan to per cent in Illinois, from per cent in Maryland to per cent in North Carolina, and from per cent in Tennessee to in Kentucky for the respective geographic divisions. Voluntary-sales activity has been falling off fairly consistently over these areas, and during the last year, the rate reached the lowest levels in the available record, not only for the division as a whole, but for a majority of the individual States in these divisions. Forced sales, which on the whole have been less frequent in these States than in either the Mountain or the West North Central States, have become more frequent than voluntary sales. The South Atlantic group averaged about two forced sales to one voluntary sale last year, with two States reporting more than three, forced sales to every voluntary sale. The rate of distress sales increased sharply in the East South Central States, reaching farms per as compared with in the South Atlantic States and 24 in the East North Central States. Renewed slight declines have replaced the stable-to-upward tendencies noted a year ago in the-mountain and Pacific States, and voluntary - sales have shown a considerable drop. Forced sales on the other hand increased sharply, abruptly terminating the tendency apparent in recent years, especially in the Mountain States, toward a more normal relationship between voluntary and distress transactions. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.