SailNet Community - View Single Post - The Search Widens Before it Narrows
View Single Post
post #19 of Old 06-29-2013
JimMcGee
Member
 
JimMcGee's Avatar
 
Join Date: Jun 2005
Location: Barnegat Bay, NJ
Posts: 1,814
Thanks: 62
Thanked 51 Times in 48 Posts
Rep Power: 11
 
Re: The Search Widens Before it Narrows

Quote:
Originally Posted by mark2gmtrans View Post
He and several others have told me that the market is still very much a buyers market, and that though it is taking time, most sellers are coming down by more than 50% of their original pricing.
Mark, I know there are regional differences but the market must be much slower in Texas than here. Two local brokers I talk with occasionally tell me they've been very busy on used boats for a while now, while new boat sales are still sluggish.

The bump in interest rates may knock some people off the fence and into the brokers office as well. It's definitely had an effect on home prices and demand.

95 Catalina 30 Island Time

The sail, the play of its pulse so like our own lives: so thin and yet so full of life, so noiseless when it labors hardest, so noisy and impatient when least effective." - Henry David Thoreau
JimMcGee is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome