March 11, 2022
March 8, 2022
March 8, 2022
Recently the NMMA, National Marine Manufacturers Association, reported that the US boating industry, is seeing the highest sales in nearly a decade. Sales of yachts (33’ and higher) saw gains of 3.5 percent, reaching a seven-year high of 1,715 units in 2016. BOAT International reported over 100 sales of yachts over 78 feet in the first quarter of 2017, up 8% from 2015. When in the market to purchase or sell a larger vessel, utilizing the services of a yacht broker will help navigate the sometimes lengthy and involved process.
Owning a boat is one of the most enjoyable experiences in life. Filling the primordial need to be one with the water, boating is the ultimate social engagement that brings friends and family together for a good time. 87 million people participated in recreational U.S. boating in 2015. That’s 27% of America’s population. The U.S. recreational boating market had an estimated retail value of over 35 billion U.S. dollars in 2014. And according to the last census, 11% of the U.S. population owns a boat.
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