'In the last few years the ranch market has just gone crazy,' said Hunter Harrigan, whose father Dave Harrigan founded Harrigan Land Company around 30 years ago. TEXAS: Ranch land in the West is being bought up by the Wealthiest Americans, some of whom have accrued plots of land larger than the country's largest cities. He also argued there has also been a cultural shift in attitudes towards ranch land. In 2018 Fay also oversaw the sale of the $18million West Boulder Ranch in McCloed, Montana, to the television news anchor Tom Brokaw. Fay claimed that is one reason the ranch market has such stability and makes for such a safe place to put money.