it seems that the horse enthusiast is jumping back into the market and is looking all over the country. They are not necessarily looking locally. A lot of baby boomers now have the chance to move wherever they want--and they do
San Francisco, CA (PRWEB) March 12, 2013
After years of a declining real estate market, interest in horse properties and equestrian real estate skyrocketed in 2012 and early 2013, indicating a very promising year for the equestrian broker.
Following years of dismal activity, the market for equestrian properties is bouncing back with many properties receiving multiple offers. An Oregon real estate agent reported that she got four offers on her equestrian property listing within one month and all of them were over asking price.
Real estate agent Tad Craig from Shelbyville, TN observed a huge demand for his listing: “I was surprised how many horse owners are trying to buy equestrian properties now. I've had calls and leads from all over the country from clients specifically searching for equestrian farms, finding my listings on the specialized website http://www.horseproperties.net.”
Horseproperties.net, the nation’s largest horse property and equestrian real estate website, experienced a dramatic rise in listings in 2012 and early 2013. The site receives 68% of Internet traffic in this niche market compared to all other top horse property competitors added together.
“Over the last year, web traffic at Horseproperties.net has doubled,” said Barbara Greenhill, founder and owner of the site.
The rising demand for equestrian real estate is astounding, considering that reports from the last five years were succeeding the bad real estate news in general. Florida and Arizona were particularly bad. Greenhill remembers one agent telling her, “I can’t even give it away for free!”
Equestrian brokers—who specialize in properties for horses—often must go the extra mile to close a deal. They not only have to please potential buyers with the property's look and size, but also they must provide suitable quarters for horses as well. When selling equestrian properties, brokers know the homes themselves often come second—after the paddocks, pastures and barns.
Another reason for the demand is the increasing boarding costs for horses. Rising boarding fees in the U.S. and abroad are also prompting owners to keep their horses at home. High-end stables on the east Coast and California can easily reach $3,000 per horse, which includes training, housing and feeding. Part of that is attributed to rising agriculture prices: oat and alfalfa hay prices, in particular, have increased.
Judging from the record-setting web traffic received at Horseproperties.net recently, “it seems that the horse enthusiast is jumping back into the market and is looking all over the country. They are not necessarily looking locally. A lot of baby boomers now have the chance to move wherever they want--and they do,’” observed Greenhill.
HorseProperties.Net is a unique Website created with the horse enthusiast in mind. We offer the discriminating buyer a place to view and compare properties all over the United States and Canada especially suited to accommodate horses--and of course, their owners. We understand that horse property specific information just isn´t available on a general real-estate site.
For more information about equestrian property listings, please visit http://www.horseproperties.net . For a listing of agents by state, click here. For additional questions, please call (415) 226-6069, or contact us via e-mail