Episode #875
Snowbird season is coming to THESE real estate markets. Every winter, millions of freezing northerners go south, seeking a temporary escape from the cold and to dethaw themselves before returning in spring. And while you may think that most of these destinations are expensive cities, like Miami, there are some cheaper areas that make not only perfect snowbird rental markets, but profitable yearround shortterm rental markets as well.
On this BiggerNews, Vacasa’s Kristen Taylor joins us to give her take on the markets with the most demand and the oncepopular markets starting to see declines, including a toprated tourist destination you wouldn’t expect. Kristen shares updated numbers on how long snowbird season lasts, how the typical snowbird is changing, and why snowbird markets can be MUCH more affordable than yearround vacation destinations.
And if you’ve got equity in one of YOUR properties that you’d like to turn into snowbird rental property, stick around until the end. This episode’s Seeing Greene segment will answer the ageold question: what do I do with all my home equity?
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8 best Florida snowbird destinations:
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Connect with Kristen:
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Show notes at: https://link.chtbl.com/BPRE
00:00 Intro
01:24 Join the Virtual Summit!
01:56 It’s “Snowbird” Season
04:35 How Long Does It Last?
09:23 Top Snowbird Markets
11:44 Declining Snowbird Markets
14:24 High Revenue, Affordable Home Prices!
18:04 Get In Now?
22:41 SG: HELOC, Refinance, or Sell?