In a Nutshell: The best time to move to Florida is based on personal convenience, as seasonal changes have little effect on long-term rental prices.
- The timing of moving to Florida, whether summer or winter, has minimal impact on long-term rental prices, debunking the common myth that season affects cost significantly.
- Short-term rentals are more accessible and varied during the summer due to the departure of snowbirds, offering more options for seasonal stays.
- The decision to move should be based on personal readiness and circumstances, rather than trying to time the market or season for financial advantage.
When to Move to Florida
This statement encapsulates the essence of Bordenaro’s extensive experience in the Florida real estate market. As someone who has been fielding this question frequently, his insights offer valuable guidance for potential movers.
Debunking the Summer Myth
Contrary to popular belief, summer isn’t necessarily the best time to relocate to Florida. While it’s true that fewer snowbirds are present, leading to a broader availability of short-term rentals, this doesn’t always translate to better deals.
Bordenaro emphasizes the intricacies of Florida’s rental market, which varies significantly between short-term and long-term leases.
Short-term vs. Long-term Rentals
Short-term rentals: Ideal in summer for those seeking seasonal stays. With snowbirds gone, more options are available.
Long-term rentals: The time of year has minimal impact on prices. These rentals are not in direct competition with short-term offerings.
Bordenaro illustrates an apartment complex in Miami Beach to illustrate this distinction. The choice between short-term and long-term rentals depends on the landlord’s preference, not the season.
Factors Influencing Rental Prices
Though the best time to move to Florida might seem like a pivotal decision, Bordenaro asserts that the impact on rental prices is marginal. However, certain conditions might slightly influence costs:
Winter Demand: A high influx of renters escaping the cold could drive up prices temporarily.
Summer Availability: Slightly more inventory might lead to marginally better deals.
Yet, these differences are often minimal, stressing that the timing of your move should be a secondary concern.
While Bordenaro’s expertise is rooted in Miami Beach, he acknowledges that experiences might differ in other parts of Florida. He encourages those with different experiences to share their insights.
The Ultimate Advice: Move When It’s Right for You
Michael Bordenaro’s real estate experience led to one clear conclusion: “Move to Florida when it feels right for you.”
Whether securing a job, finding the perfect home, or simply being ready for a change, the best time is when all your ducks are in a row. This advice holds regardless of the season or market fluctuations.
The best time to relocate to Florida is less about timing and more about personal readiness and circumstances. With Bordenaro’s expertise, those looking to make the move can confidently do so, knowing that the time of year is just a tiny piece of the puzzle.