The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. Georgia drought expected to impact Lake Lanier boating A continuing drought in north Georgia is causing lower water levels in Lake Lanier, which could mean more ramp and ...
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Are big boat repos up in your market?
There was an article yesterday on boat repossessions in Georgia that caught my attention. It was reported that at Holiday Marina on Lake Lanier business has picked up with respect to “ordinary boats” but a number of slips were vacant due to the absence of houseboats valued at more than $1 million, which lenders were repossessing in “record numbers.” Alex ...
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