Why is the housing market always changing?
Our housing market is constantly changing based on a number of varying factors. Some of these factors include affordable housing shortfalls, increasing amount of investors, rising unemployment rates, growing cost of living, higher amounts of renters, and more. Renters are finding that rent prices were slightly dropping not only in Florida, but across the country. This, we can in part attribute to the pandemic. However, now these rates continue to rise as we acclimate to the current conditions. COVID has affected the market pretty sharply over the last few months which has caused a lot of growth in the amount of high cost rentals vs. low cost rentals.
We can see in the Zumper graph above that rental prices seemed to be almost static in 2018-2019.
In 2020 we see that the numbers are starting to jump higher. Source: Zillow
So how does All County help renters and homeowners simultaneously?
Our fiduciary duty is to the homeowners who utilize All County First Choice and All County Associates services. This means All County First Choice ensures that things like tenant acquisition, accounting, and maintenance are taken care of on a daily basis. All County First Choice and All County Associates also strive to provide the best service for our renters and potential renters. The All County First Choice team answers all inquiries promptly while assisting in your rental search. Maintenance and repairs are handled quickly to ensure happy tenants.
All County First Choice are experts in property management which means that we have the most current knowledge/data about market value. All County First Choice and All County Associates team knows all of the ins and outs of obtaining and retaining good tenants. Properties that All County First Choice manages are monitored closely so that minimal costs are incurred with the upkeep. Most importantly All County First Choice and All County Associates care deeply about the people we work with and for! What sets All County First Choice apart from most other property management offices is that we do not deal with buying and selling real estate. We focus solely on property management services so we can pay close attention to detail. We have a passion for this industry and feel that we have a great reputation in our community so we encourage you to read our reviews and ask around about us if you are still unsure!
Questions or concerns about your property? Have you been considering making some passive income through renting out your home? Or are you simply curious about any of our processes? Just give us a call. We are more than happy to help in any way we can, and wish you luck whether you are trying to find a rental home or start utilizing property management services.