Auctions for personal and real property have been executed for thousands of years. The most outstanding auction occurred in 193 C.E. when the entire Roman Empire was put up for auction by Praetorian guards! While we aren’t putting up entire empires for auction, Meyer & Company Real Estate and Auctions is your trusted source for […]
The USGS: How It Shaped America
The United States Geological Survey, formerly knows as just the Geological Survey, has evolved with the development of our great country since its initial inception on March 3, 1879. Charged with the “classification of public lands and examination of the geological structure, mineral resources, and products of the national domain,” the project has taken the […]
NAR Commercial Market Insights
Commercial real estate started the new year on a slow note with lower demand, smaller rent price gains, and higher vacancy rates. Office and multifamily are the two sectors that face additional headwinds this year. In these two sectors, vacancy rates are more than 0.8 percentage points higher than a year ago. Net absorption – […]
Who Was Alice Sanger?
Born in Massachusetts in 1864, Alice Sanger later moved to Indianapolis with her family where she became the secretary and stenographer for Benjamin Harrison. She worked for him all through his campaign for President of the United States and, when he was elected, he brought Alice with him to the White House. In 1890, Alice […]
6 Real Estate Misconceptions Revealed
Myth #1: Buyers Don’t Need Agents. Oddly enough, for many of the early years of real estate as a business, this is how it was. Individuals who were licensed real estate agents or brokers only represented sellers-giving them an unfair advantage. In fact, it wasn’t until the early 90s that agents were required to inform […]
Rising Fertilizer Costs and Their Impact on Real Estate
Bill Taylor who farms 2,500 acres of corn and soybeans near Sedalia, Missouri is shocked at the rising costs of everything, especially the fertilizer that provides his crops with necessary nutrients like potassium, phosphorous, and nitrogen, ensuring a decent yield from his crops. “Prices are all higher, it’s just crazy. Guys like me are talking […]
What’s In An Acre?
In the US, the standard unit of land measurement is the “acre,” which is exactly 4,840 square yards, or 43,560 square feet. For most of the rest of the world they measure agricultural land in hectares, which is 10,000 square meters. In case you are wondering or might have forgotten… 1 acre = 0.40459 hectares […]
Why Buy Land?
There are three words we use to describe land in real estate: Immobility, Indestructibility, and Uniqueness. Essentially, these are the three reasons why land is such a great investment, so let’s define these terms and determine how they relate to the value of vacant land. Guess, what? Land isn’t going anywhere (immobility). It can’t grow […]
CPI’s Impact on Interest Rates
It’s not rocket science to deduce that as costs for fuel, food and rent skyrocket, expendable income for purchases such as additional acreage and recreational land as well as the demand for more developments like gas stations, convenience stores, and restaurants decreases. It’s now January of 2023 and, although we have seen a slight drop […]
Should We Even Make New Year’s Resolutions?
This new year, like every other new year, millions of Americans will make New Year’s resolutions like taking better care of themselves and their finances or becoming more organized. But, this year, like every other year, only 9% of us will actually report feeling successful in keeping those resolutions. This begs the question, “should we even bother […]