|Vacation Rental Information|
Why The Vacation Home Sale Market Is Unsustainable
The rental market and Vacation Home sale market is unsustainable. Property prices are still rising by appalling amounts.
Yes that's great on the surface, but match today's house prices with what people are quoting for rentals. Anybody seen a 20 or 30% rise in their income from guests?
Anybody seen flight prices coming down?
Anybody seen car rentals coming down?
Anybody seen attraction prices coming down?
Any form of economics will show that if you have a home and have a mortgage of anything in excess of $1000 with all the associated costs like utilities, management,
taxes, replacement and upgrades, and if a home is being rented for anything less than $80 a night based on 35 weeks rentals that home is being run at a loss.
There is ample evidence to show that that homes are being rented for less than that. Fortunately there is also evidence that owners are sticking to their guns and getting what their home is really worth.
This is not a Last Minute syndrome. Because our site is so popular it's easier for owners to stick out for the rates, but there are other rental sites that lead owners to desperate measures.
This is not to suggest that a market economy is wrong but too many have been left in desperate situations by false promises by a whole myriad of people.
The first reaction by owners is to cut prices. Unfortunately all that does is delay the final sad outcome.
It's a fascinating insight as to how people operate their homes, and interestingly, its usually owners of less than 18 months who offer low prices.
The long-term owners, even though they could afford it in the main, are not lowering their rates unless it's a special one off deal.
The long-term owners, feel they have seen it all before - potentially supply outstripping demand ? so they wait until all the other homes are filled with cheap rentals, till they know they can get the price they need to survive.
Is this a good strategy? That's for you to decide.
Although Florida has being full this year, experiencing what is probably one of the best seasons in the past 5 years, not too many owners are taking advantage of this.
Disaster looms ahead and the only winners in this situation are the realtors. The very people that probably got many owners in to the situation they are in now. Luckily at sites like ours, the owners are in control.
If the enquiries come through, its up to the owners to convert them to bookings, its up to them to decide on pricing, its their web site that is the brochure for guests to view, its their techniques for making sure converted bookings are satisfied.
As one of the most popular sites, our focus is on getting visitors, getting enquiries and not having too many owners competing for the same enquiries. And this we do quite well.
Vacation rentals are a business and like everything its supply and demand. It only takes one owner to drop the price below realistic levels to create a precedent. As always it should be your decision, because you know what works for you.
Hopefully this helps clarify a situation, which will cause a lot of heartache for people in the future unless rental rates improve.
This article may be reprinted as long as the resource box is left intact and all links are hyperlinked.
What Not To Wear
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The Lake Havasu RV Resort
Lake Havasu, Arizona has become a treasured destination for tourists, campers, and RV enthusiasts.
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Costa Rica has been Called the Hawaii of Central America
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Florida Beachfront Rentals - Finding Florida Beachfront Vacation Homes
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Timeshares Vs. Condo Hotels For Vacation Home Ownership
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What You Need to Know About Costa Rica
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Town Homes for ALL Your Pleasure in Orlando, Florida!
Have you ever done something spontaneous? Are you in love with warm weather? Do you have young kids who are dying to be near Walt Disney World? Do you love the beach? If you answered yes to any of these questions, you might be interested in town homes for sale all over Orlando, Florida.
A Look at Bahamas Vacation Resorts
Bahamas vacation resorts are great places to look into if you are interested in finding many activities all in one spot. In addition to providing its guests with a place to sleep, resorts often feature such amenities as golf courses, tennis courts, restaurants, clubs, water activities, boat and other rentals, shopping, and more. In a resort, a traveler can find all of the resources for great activities day and night that they might go looking for in a city.
What You Need to Know about Vacation Rentals before You Go
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Sussex County Delaware Beach Area Towns and Villages Are Unique and Historic
I love Sussex County Delaware. I am native born, multigenerational and proud to be one of those who, as they say; "are from here". In fact the earliest records of our family show we were here well before the Mayflower arrived; some our ancestors were here in the mid 1500's or before. They settled as farmers and missionaries in the areas of what are now Lewes, Milton, Angola, Long Neck, Broadkill and Red Mill Pond.
Guide for Selecting a Villa Near Disney in Orlando Florida
This article is meant to be a guide for those who wish to enjoy their holidays in an ideal spot - a villa in or near Orlando. But where does one find something close to the theme parks, in close proximity to fine dining and luxury shopping and around all of your other amenities that your family might need on a vacation? Is there any hard and fast answer to the best price and if so, what about renting a villa for the lowest price?
Love the Outdoors? Consider a Gatlinburg Cabin Rental
Love the outdoors, looking for adventure, a romantic getaway, or a family vacation? Gatlinburg, Tennessee, located in the heart of the Great Smoky Mountains, is the perfect vacation spot for families looking for outdoor adventure and entertainment. Gatlinburg and neighboring cities, Pigeon Forge and Sevierville, offer a wealth of outdoor activites, shopping, dining, and entertainment. Enjoy a Gatlinburg cabin rental and experience it all.
Honeymoon Cabins in Gatlinburg
Surrounded by the romantic and beautiful Smoky Mountains, a Gatlinburg cabin is the perfect spot for a honeymoon vacation. Each year hundreds of newlyweds enjoy their memorable first days alone in Gatlinburg. So many people have recognized Gatlinburg as an ideal honeymoon location that the town has been nicknamed a "Garden of Eden" for lovers.
I am in a Snit
I am in my yearly snit. Now my wife would contend that I am in a snitty mood daily and sometimes more often than that. However, I am in my Yearly Snit-it's the Tourist Season.
Seven Ways to Get the Most Out of Your Vacations
This may seem like a very strange title for an article. After all, a vacation is supposed to be? a vacation. The title seems to imply that we should strive to make our vacation, somehow strategic or productive. In a way, that is what I am suggesting, but maybe not in the anal-retentive way you might have first guessed.
Sea Pines Plantation - The Pearl of Hilton Head Island, South Carolina
Sea Pines Plantation ? The Pearl of Hilton Head Island
The Cape Town Wine Route Wonders
Just drive out to one of these delightful wine estates to find something quite magical about the art of viticulture and we dare you to say you didn't have a great time.
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