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Shrinking Interest Rate May Boost Marina Sales

Shrinking Interest Rate May Boost Marina Sales

The first week of November ushered in the election of a new President and another interest rate cut by the Federal Reserve. Both actions spurred economists to start looking into the future and...

Preliminary Steps to Selling Your Marina

Preliminary Steps to Selling Your Marina

There is a trifecta in place right now guiding the boom in marina sales. First, according to Marina Dock  Age magazine’s annual survey, the average length of time that marina owners and operators...

Why Marinas Have Been Attractive Investments

If you follow the marina industry at all you may have noticed that marinas are changing hands at breakneck speed. Where once investors shied away from a business that has many facets and, to some,...

U.S. Federal Reserve Raises Key Interest Rate

The U.S. Federal Reserve increased the federal funds interest rate yesterday by a quarter-percentage point to 0.25-0.50 percent. It is the first increase in the lending rate since 2018. “Inflation...

Marina Sales Hit New Highs

Marina Sales Hit New Highs

Marina sales are booming. As the pandemic hit and forced people to socially distance themselves from  friends, avoid crowds, and more or less shelter in place, many found that much needed escape on...

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