Renting a good option for retirees

I’ve been getting more calls asking about rental homes in active adult communities. Is this a result of the challenging economic times we’ve been experiencing the past few years? Are some retirees coming to the decision that renting might be a better option than buying in an active adult community? Home ownership is not for everyone. When is renting a good option?

  1. Try before you buy. If you’re not sure where you want to spend the next 10 – 20 years of your life, renting is a great way to try an area before you buy.
  2. Ecocnomic uncertainty. If you’re not comfortable with the current economic climate and wonder if housing prices will recover, renting might be a better option.
  3. You’ve never lived anywhere for more than a few years! Renting is definitely a better option for short term occupancy.

Rental homes are few and far between in the newer active adult communities, but we do have a few that come up and they always go quickly. If you own a home at Heritage Shores or one of our other active adult communities and would like to talk with us about renting it, please let us know. We handle complete Property Management as well.