I spent some time today looking at current marina listings on the web. Of course I cannot peg numbers for marinas by just looking at a picture, but I saw some extremely large listing amounts, extremely long days on markets and many who are touting their approvals for condos, dockominiums, etc. I picked out a.
Read moreTag Archives: recession
Why Cap Rates Go Up in Recessions
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Posted by John Simpson
The other day I got to thinking about why cap rates go up and down. The typical answer, even for those that know nothing about real estate, is to just think "supply and demand". Today was different because the traditional answer wasn't good enough (maybe it was something I ate:) Let's just think about what's.
Read moreNew Article in Boat & Motor Dealer Magazine
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Posted by John Simpson
Hear ye, hear ye... read all about it! John Simpson just published "Marinas Falling in Value" in the Trends section of Boat & Motor Dealer magazine (the December 2008 edition). I won't steal the thunder except to say that I cover marina market value changes, cap rate changes, supply/demand, the effect of the credit crunch,.
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