Newsletter: The Tide is Turning

You can feel it in the air, the wind is shifting. Even before the recent interest rate hike there were a few signals announcing a change.  Russia vs. Ukraine, home sales cooling, the crypto currency correction, a fading stock market, unsettling weather systems, the gasoline price spike – It’s a long list of effects, all out of our control. On the positive side, travel has opened up and perhaps we are letting our guards down too early, but there is a strong desire to get out and about.  Are you tired of playing it safe and staying at home?

The Covid tide swelled in the first quarter of 2020, creating an unprecedented seller’s market that has held strong for over two years.  What does today’s different tempo mean to trawler buyers?  We feel your patience will be rewarded.

Surely you have noticed that the number of trawler listings is increasing and those trawlers that have been on the market for several months are starting to show price reductions. Now, for the first time since the initial lock downs, the market seems to be trending to slightly favor buyers.  Could this be the transition you have been waiting for?

Timing the purchase of a large asset acquisition like a trawler has always been tricky.  Your life has to be positioned with the desire to go for it supported by your health and an affordable plan. Maybe you aren’t there yet or you are there, but have not found the right boat?  Some waited too long when there were multiple choices because they didn’t feel the urgency to act.  Then everything sold out – it was too late to make a move because there wasn’t much selection.

JMYS has been charging along at a steady clip and we are grateful to have an impressive collection of listings that are priced right and offered by motivated sellers – please take a look below.  If you see something you like, it’s worth checking on it right away.  Availability is fleeting.  You may be surprised to learn that the boat you are interested in is already under contract.

We are at the halfway point for 2022 and, like you, eager to see what is going to happen next. We have anticipated that a buyer’s market would be on the way.  Is it here yet? Your wait may be over….