Congratulations! If you are reading this it means that, after years of very difficult economic conditions, you are still participating in or interested in equestrian sports. If you have weathered the storm and come out the other side a horse person, you are likely to be some combination of passionate, fortunate and
Caren Kelly and Savannah Lang of Equestrian Real Estate in San Diego share these qualities.
Caren Kelley riding The Journalist.
Caren started Equestrian Real Estate in 2004 as the evolution of combining a professional riding background and a commercial real estate career spanning 15 years and over $500 million in completed transactions. It just seemed natural to integrate the passions for horses and real estate. "I changed course in order to re-integrate competitive riding in my life. It did not begin as a business plan, but I have been amazed at the benefits we bring by really focusing on this niche. Our clients have been wonderful about acknowledging the difference we make and the depth we are able to bring to projects," says Caren.
Savannah Lang riding Thor.
Savannah Lang grew up on a ranch in New Mexico and was riding hunters and jumpers competitively by the time she was 7. She moved to San Diego to attend USD and competed in the Amateur Owner Jumper divisions while maintaining a full course load at USD, graduating with a finance degree in 2007. Savannah joined Equestrian Real Estate in 2010. "Savannah is the most organized person I know," says her trainer, Kelley Fielder.
"Our sector of the real estate market is clearly improving," says Caren. "There was a period of years during which buyers were on the sidelines and this period has ended. Buyers have taken advantage of some truly amazing opportunities in the last six months. The market remains very price sensitive. There are still some foreclosures and distressed properties in the pipeline. However, with inflation on the horizon, foreign currencies strengthening against the dollar and tax considerations becoming more important than ever, there are quite a few big picture factors that should sustain a realistic market for well-located equestrian real estate.
"As we head into the second half of 2011, we sincerely appreciate the support of our clients, friends and the horse industry professionals who remember us and send prospective buyers or sellers our way," Caren continues. "The equestrian community is both large and small at the same time and despite the broad reach of information technology, word of mouth and personal connection are still the most powerful forces. Thanks for passing along the good word about Equestrian Real Estate and our properties."
For more information on Equestrian Real Estate visit www.EquestrianRE.com.