Recognize the words to the song from the 1960's television show, Mr. Ed?
That's also part of the title of an article by the research team at Tierra Grande magazine, the flagship periodical of the Real Estate Center at Texas A&M University. I read every edition cover to cover...it's a great source of Texas related real estate information for both professionals and consumers.
The complete title of the article is:
A Horse is a Horse, of Course, of Course. . . Unless it Predicts Land Prices
It's an interesting anaylsis of Texas land prices compared to thoroughbred yearling sale prices.
Maybe a stretch, but here in Texas we take both our land and our horses very seriously!
Read the full article at http://recenter.tamu.edu/pdf/1940.pdf .
Although the article was originally published in 2010 is gives some interesting historical background that is also relevant in today's Texas real estate market.
Happy Trails to you and yours (that's my horse Sky in the photo in 2010...isn't he handsome...and still kicking up his heels in 2016).