Firesale? Well, not exactly...

So we've put 2008 behind us and it's time to look ahead to a New Year - something I think we're all ready to do. There's no doubt that the changes in the world over the past 6 months have had a sizable effect on the sailing community, and the climate for buying and selling boats is dramatically different than it was even 6 months ago.

However, deals are still happening, and there are some exceptional values out there for anyone that is buying. Pricing is determined largely by inventory. If you are selling your boat and there are several other sisterships on the market in your region, you should be prepared to negotiate; otherwise you're just wasting your time. Buyers that are shopping for a mass-market production boat will be able to get some fantastic deals over the coming months.

On the flip side, if you're shopping for a specific model and there are only one or two available in your area, a seller is not going to be motivated to accept the first offer that comes along. If it's a boat with a strong resale value and a good reputation, chances are the owner loves it and is content to hold on for a worthy offer.

So when will the market get back on its feet? I was hoping you could tell me. But it will. If you're reading this blog, then you know what it's like on the water. There is a feeling out there that can be found nowhere else, and the economy can't touch that. As life gets more complicated, the idea of being on the water with family, with friends, or alone is only going to be more appealing.