Has anyone else noticed homes are not renting as fast. Has anyone else noticed homes are not renting as fast. - Page 2 - Talk of The Villages Florida

Has anyone else noticed homes are not renting as fast.

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Old 10-06-2022, 06:44 AM
4557Spahr 4557Spahr is offline
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Rental prices in The Villages have gone up so much that they are out of normal peoples reach. Homes that were $3,000 a month just a couple years ago are now $5,000. Greed has taken over. Friends that wanted to rent in The Villages have gone elsewhere for the winter. I guess it’s supply and demand?
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Old 10-06-2022, 06:55 AM
KeithD KeithD is offline
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I put my home on the market recently. The season rental was booked within 48 hours. The November and December monthly rentals are still open.
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Old 10-06-2022, 07:01 AM
dschneider dschneider is offline
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Originally Posted by G.R.I.T.S. View Post
And they’re renting despite that deed restrictions in the newest areas don’t allow rentals (my understanding). I could be wrong.
Yes you are
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Old 10-06-2022, 07:46 AM
Blackbird45 Blackbird45 is offline
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If you live long enough, you will see the prices rise and the marketplace always seem to stabilize. It's supply and demand.
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Old 10-06-2022, 07:58 AM
ron32162 ron32162 is offline
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yes you are wrong. Check Zoning for that area If a person buys a house and its zoned short term rental it will always be short term rental
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Old 10-06-2022, 08:20 AM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by Babubhat View Post
Stock market decline and inflation have reduced discretionary income for the marginal renter.

Strong dollar crushes foreign visitors
A lot of truth to that statement. Bet there are a lof of new investors out there who are in the rental market and need to cover their higher cost investment.

Possibly there might be a more renters coming to TV since Fort Myers beaches have been devastated.
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Old 10-06-2022, 08:23 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by kkingston57 View Post
A lot of truth to that statement. Bet there are a lof of new investors out there who are in the rental market and need to cover their higher cost investment.

Possibly there might be a more renters coming to TV since Fort Myers beaches have been devastated.
It will increase demand.
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Old 10-06-2022, 08:23 AM
Regorp Regorp is offline
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Originally Posted by Robbb View Post
I have been following the winter home rental market in the Villages and it seems to me as though homes are not renting as fast, or at all recently. Several homes have openings for December and even January. Is the market softening or am I missing something?
Have a rental next door to my lanai, if never gets rented is fine by me. Privacy factor. Rather have a permanent resident.
  #24  
Old 10-06-2022, 08:37 AM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
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I usually get people for my home by word of mouth , sometimes they are repeaters ,but I always wait till late November , when price goes up .I’ve never missed out on getting renters , and even if I did ,I would just leave the place empty, as for people talking about greed , I thought we lived in a free market , I have something to sell and someone wants to buy, if they don’t buy I may lower the price , free market .
  #25  
Old 10-06-2022, 08:49 AM
jancarrier00@gmail.com jancarrier00@gmail.com is offline
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Quote:
Originally Posted by Robbb View Post
I have been following the winter home rental market in the Villages and it seems to me as though homes are not renting as fast, or at all recently. Several homes have openings for December and even January. Is the market softening or am I missing something?
Yes you seem to be right. I have a villa in Monarch Grove that I try to rent out during the winter months after I leave each fall. I have February and March rented but not December and January. Everybody wants February, March, and April. It seems the holidays make December less desirable. But I’m not quite understanding why January is not a top pick. Let me know if you have friends or relatives that would like to rent a villa in December or January. Three bedrooms, two baths fully furnished. 720-260-6161.
  #26  
Old 10-06-2022, 08:52 AM
MrFlorida MrFlorida is offline
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Costs more to live, some people don't have extra money for fun in the sun.
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Old 10-06-2022, 09:55 AM
Jhrath7@gmail.com Jhrath7@gmail.com is offline
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Quote:
Originally Posted by Robbb View Post
I have been following the winter home rental market in the Villages and it seems to me as though homes are not renting as fast, or at all recently. Several homes have openings for December and even January. Is the market softening or am I missing something?
Too expensive
  #28  
Old 10-06-2022, 11:11 AM
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Daddymac Daddymac is offline
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Default The Villages Bull Chit story’s

The Villages sales tells people, You Can Rent The Home out, Until Your Ready To Move Here... What a load of B.S ... They don’t tell you there are over 8,000 homes for rent!!! THEY ARE ONLY LOOKING TO SELL THE HOMES..
  #29  
Old 10-06-2022, 12:14 PM
Bruceg0028 Bruceg0028 is offline
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Default Rentals in TV

Overall the economy has changed dramatically in the last 12 months. However there will be many snowbirds looking for rentals with the devastation in the Fort Myers area. The people who planned on renting will be displaced and will still want to get out of the cold and snow. I don’t think the reality has sunk in yet and many are waiting to see if their rental will be available. Once the owners get an eye on their properties they will be notifying their tenants and that’s when it may become tough to find open rentals in TV.
  #30  
Old 10-06-2022, 12:16 PM
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Quote:
Originally Posted by Two Bills View Post
Cost is a factor for many of us coming from abroad.
Since Covid restrictions were lifted, high season house rental has doubled, car rental has quadrupled, air fairs double or more, and that is before you add food, entertainment, and all the other extras.
On the plus side, wife and I after 20+ years have called it a day on wintering in TV, so there are an extra two daily Tee times available!
why don't you just stay fulltime? is it a visa thing?
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