Quote:
Originally Posted by SwampYankee
Thankfully those of us who do their boat daydreaming in Northeast Boating, and to a lesser extend Soundings, are seeing the exact opposite. The nature of the current economy, its effects on those closer to retirement and fuel prices are making for some pretty favorable pricing in the bourgeois sub-40' market. If things stay the same come October, and it probably will, there might be a bigger boat in the yard.
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Interesting- do you think it's a supply/demand issue? With housing values having declined in many areas, it seems it could be that overextended folks with boats paid for with home equity might be quick to the liquidation market. Hence the lower demand, which would seem to lower the prices even further. There are certainly a ton of boats for sale for cheap on the cape and south coast this year.