Get in touch with us at 941-877-5798

Douglas Realty

  • Why Us
    • Why Douglas Realty
    • Douglas Realty Reviews
  • Services
  • Find a Rental
  • Sales
    • Current Investment Deals
    • Cape Coral MLS
    • Lehigh Acres MLS
    • Port Charlotte MLS
  • Locations
    • Cape Coral
    • Fort Myers
    • San Carlos
    • Lehigh Acres
    • Port Charlotte
    • Punta Gorda
    • North Port
  • Help
    • Contact
    • Tenant Application
    • FAQ
    • Maintenance Request
  • Media
    • Property Management Debunking
    • Kev’s Corner Blog
    • Articles and Resources
    • Contest Winners

(239) 542-6906

Douglas Realty is Southwest Florida's trusted real estate company.

You are here: Home / Blog / Southwest Florida Rental Market Update

Southwest Florida Rental Market Update

August 23, 2017 by Christian Haag

Someone pointed out to me today that there’s only 4 months left in 2017…let that sink in.

Flying by as usual.

Anyway, I wanted to share some insight into our current rental market and what’s going on.

We’ve seen rental prices creeping up for a few years now, and it seems they’re capped off and holding pretty steady for the time being. We started experiencing more vacancies than usual, so we knew we had to cool it on upping the prices $25-50. But as of now, the rental market is solid and steady.

With prices so high, we started noticing there’s more occupants per property to help split the rent between more people. This isn’t the majority of situations, but certainly we’ve observed it now more than we have in the past. It’s not necessarily a bad thing because it helps guarantee the rent will be paid. The only downside is the house experiences more wear and tear. This is a big factor in what pushed us to offer an additional inspection service that allows our property owners to have the option to have us enter the property an additional two times (more can be found on this program here).

It basically allows us to make sure they’re taking care of the house. It’s great for a all situations, from a single person living in the property, or multiple people/large families.

We posted an article recently that was explaining there’s more renters than homeowners now than any time since the mid 60’s. It’s statistical proof that owning a rental property is one of the smartest investment moves you can be making. So if you’re already a property owner, than keep it up! If you want to get into the game, we have a nice section here on our site that explains how to get started.

Anyway, those were today’s thoughts. Any questions, just hit us up on the web chat!

 

-Christian

Filed Under: Blog, Kev's Corner

Hire Douglas Realty

See how our family has done property management for nearly 4 decades.

Quick Start

Search Douglas Realty


Owner Portal Login
Tenant Portal Login

  • Resources
  • Blog
  • News

Copyright © 2023 Douglas Realty. All Rights Reserved.

Copyright © 2023 · Winning Agent Pro Theme on Genesis Framework · WordPress · Log in