May 28, 2014 — We hear a lot of anecdotal information about snowbirds having problems finding a rental for the upcoming 2014-2015 winter season. The issue mostly goes back to the harsh winter we just ended, which has motivated more people to look for a winter break down south. Exacerbating the problem is a bumper crop of retiring boomers who are entering the rental market.
We know of one couple who gave up looking in Bonita Springs (FL) because they couldn’t
find a 1 month rental (owners are typically holding out for 3 month rentals, at least). Those friends opted for St. Pete instead. Another friend got lucky in West Palm Beach when he ran into someone on a tennis court who was looking for a tenant – but he had to go for
a 3 month rental. Our friend Pat in Key West is renting the same place she did last year, but which she found only after careful searching (all of her searches are recorded carefully on a spreadsheet). Our brother, who started looking for a South Florida rental in February but then didn’t act until April, found that the rental market had been picked over in just two months. Elsewhere the market seems to be tightening up, with supplies short and prices higher.
What is your experience
This is where we are hoping our members will fill in with their experiences. If you a snowbird renter, what is your experience this year? Where are you looking, and what are you finding in terms of prices and availabilities? How are you going about finding a place? Have you been tempted to buy to solve the problem – and what is that market like? Please share your thoughts and experiences in the Comments section below.
For further reading:
How to Find a Great Snowbird Rental for the Winter