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Housing bubble and boating

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Old 04-25-2007, 11:56 AM
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Default Housing bubble and boating

Anybody out there think the bursting housing bubble will affect the boating industry?
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Old 04-25-2007, 12:07 PM
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As a Builder, Developer and Realtor - YES!!!
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Old 04-25-2007, 12:10 PM
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I know this is deff a buyers market (housing.) I hope it stays this way for a lil while longer until im ready to buy !
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Old 04-25-2007, 12:13 PM
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My mother works at a local boat trailer company,sales are way down
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Old 04-25-2007, 12:22 PM
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Quote:
Originally Posted by HHHMR View Post
I know this is deff a buyers market (housing.) I hope it stays this way for a lil while longer until im ready to buy !
Best prices likely until the end of the year. Might start to sloooowly rise after that - at least in Florida. I'm from Ohio and Built and Developed there - very slow market (still trying to sell my home there). Good Luck!
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Old 04-25-2007, 03:33 PM
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Its only bad for the person who turned "Real Estate Investor" overnight, took out a home equity loan for the down payment on a pre construction condo or house, now cant make both payments. Anyone in the "business" who has a plan will tell you that stuff is still steadily selling. You cant count in sales to people who decided to join the bandwagon in real estate investing, just as the stock market did a few years back, most people who got hurt were the tech people whos valuations were nothing to begin with....ask Warren Buffet of Berkshire Hathoway how the market has been ???
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Old 04-25-2007, 03:35 PM
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Fuel prices sure will have an affect!
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Old 04-25-2007, 03:42 PM
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Definate yes, as a Electrical contractor I am seeing a significat drop off & more to come. My local Home Depot is cuuting hours & are on average 300 customers down a day in their electrical dept. Plus with Gas prices this Summer...not good!
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Old 04-25-2007, 03:47 PM
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My house has been on the market for 5 months and only three couples have looked at it. I have looked around at other houses and people are asking a ton of money for nothing so I am building.
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Old 04-25-2007, 04:16 PM
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[QUOTE=towhead;2105609]Anybody out there think the bursting housing bubble will affect the boating industry?[/QUOTE

I think the price of fuel will have much more of an effect on the boating industry thatn the housing market will

Its a buyers market out there. If you have the capitol, now is the time to buy a house
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