Musings on the horse market...

[Juni141]

Hi everyone,

I hope you are all well and none of you or your neddies have been blown/washed away.

I was thinking earlier about the state of the horse market (as in buying and selling, producing youngsters for sale, youngstock etc) and wondered where everyone thought it was now?

I work in property (commercial, investment and resi land) and it seemed to be building slowly towards the end of last year, particularly residential land, and its seemed really busy since the New Year. The residential land part is interesting as it is a really strong indicator that the general public are wanting to buy new homes again/can get mortgages etc.

Just wondered whether anybody thought this was being reflected in the horse market? Are horses selling? And quicker/easier than a few years ago? What about prices? Or has there not really been a change yet? Do people think it will actually go back to how it was pre crash or has the horse world changed irreversibly since then? It seems to be a regular conversation I hear about how a horse 'back in the day' would have been up for £5-6k+ and these days seem to be on market for £2-3k. And how often you read 'price not a reflection of quality'. (Anybody spotted that fantasy horse shopping is one of my office hobbies?!).

A large gin and tonic to anyone who has made this far through my rambling musings!!

 

[hnmisty]

I sold my 9y/o TB who has mild arthritis last month, I was overwhelmed by the interest I had in him, to the extent that I think maybe I should have asked for more for him! He has gone to a fab home though I think, so I'm happy I had people on here saying no one would ring given the time of the year.

Then again, some people have posted on here that they've had difficulty selling their rather lovely looking (and perfectly healthy) horses.

I jsut hope the prices don't go up before I next buy!

 

[Spring Feather]

Just wondered whether anybody thought this was being reflected in the horse market? Are horses selling? And quicker/easier than a few years ago? What about prices? Or has there not really been a change yet? Do people think it will actually go back to how it was pre crash or has the horse world changed irreversibly since then?

I'm overseas but yes I've seen a marked change in the horse market from the tail end of last year and through the beginning of this year. Much more interest and people have proper money to spend again. I've just sold an in utero foal to a repeat client for 7k and have an unprecedented amount of interest in my youngsters this month which are priced around the 10k-15k mark. I have had to hold off buyers at the moment because of the amount of ice and snow we have at present as I can't get up to date video footage of them yet. I've never been overly concerned about the slight slow down as economies always recover eventually and if you can hang in there until it's over then it can even work in your favour as the horses increase in value.