Quote:
Originally Posted by OrangeBlossomBaby
What makes you think your real estate agent would know if the neighbors are renting their property out on air bnb? Anyone can rent their property at any time. Just because a neighbor is living in the house when you move in, doesn't mean they don't leave for 4 months and rent their place out during that time.
Snowbirds are a thing in Florida, it's no different here in The Villages. You'll find vacancies in every neighborhood during the summer months. You'll also find rentals occupied during the summer months. There are even people who aren't snowbirds - but rather, part-time residents. They only come every couple of months, stay a week or two, and rent their home out to tenants short-term the rest of the time.
And then, you might have a neighborhood that's all owner-occupied, you move in, everything looks great, and all of a sudden 3 people on your block decide they want to travel and rent their place out for a few months.
It's a crapshoot, just like it is in most of the more densely populated suburban neighborhoods around the country.
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Absolutely true, every word. 15, even 10 years ago, very rare, not all but many part time residents and rental investors existed far more in the villa areas, but that is definitely not the situation now.. Crap shoot for sure ! Our area of all full time owner occupied, owner designed, full time resident homes turned into AB&B land in less than two years after many years of friendly neighbors, driveway get togethers, knowing everyone's name, regular gold groups, and..... in a two year period, deaths, decisions to move nearer to family/adult children, yearning you experience a different retirement area before age or medical condition made that impractical, the stunning rise in cost of what was once one of the most affordable retirement areas in Florida, maybe in the south, and ...... many many many more reasons.