The current decline in land values reverses an upward trend of nearly forty years. A number of factors make interpretation of the 1982 Iowa Land Value Survey difficult. A supplementary survey was taken, in part, to study the following topics: 1. Examine the impact of financing terms on current nominal land values. 2. Obtain subjective estimates of market volume by financing method, land quality and location. 3. Examine the relationship between land values reported on the regular survey and the nominal values estimated for cash and contract sales. A. Obtain subjective forecasts of land values by region and land quality.