The Farm Real Estate Situation, 1945-46 (Classic Reprint)
Regan, Mark Matthew Excerpt from The Farm Real Estate Situation, 1945-46An increased proportion of the farm sales were entirely for cash during last year, although relatively easy credit conditions continued. Fifty - eight percent of all voluntary sales were entirely for cash compared with 55 percent during the previous year. Down payments on the sales financed by mortgages averaged 43 percent of the purchase price in 1945, about the same as the 2 previous years....