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Contents: The situation in general -- Farm real estate values (Values turn upward in most States - Increased income encourages upturn in values - Refinancing and lowering of interest rates reduce pressure to sell - Values remain more nearly in line with rents) -- Changes in farm ownership (Forced transactions less numerous - Tax sales less frequent - Voluntary sales increase again - Increased share of voluntary sales to active farmers and local residents - Farm bankruptcies decline after 2 years' increase) -- Farm mortgage credit conditions -- Farm real estate taxes -- Literature cited.

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