Depressed snowbird housing market - Yuma
Well, my in laws just sold their snowbird home in Yuma at a major loss, lots of properties for sale there, it's definitely a buyers market. My in laws hated to sell but at the ages of 83 & 79 with one...
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Good info Pawatt. I didn't realize the local study said 40,000 down from 10 years ago.
We are also in the RGV. When we first wanted into the park we now stay in for 6 months it took 3 years to get a lot as they were so full. We have now been in this park for 10 years.
Many, many vacant lots and many park models for sale. The majority for sale are Canadian which is understandable with the current exchange rate. Having said all of that we are now finally seeing people under 60 come in. Not necessarily all RV'ers. Some are renting to test the waters and some are buying park models.
Our park has always catered to the more active or young at heart folks. We have a very active pool volleyball group and your grandma would not want to play with this group. Lol. They just added a sand volley ball court and a nice RC racetrack. It is great finally seeing some of the younger seniors being able to retire sooner. I think these are some of the reasons we are now seeing more younger people at our park.
Our park is now offering $199.00 monthly rates for first time people. That should also stir up some interest.
I agree with the other responses as to whether or not people are taking a loss when selling their places at a much lower price as when they bought. We are fulltimers and in order to start this lifestyle we sold our beautiful Lake front home for half what it had been appraised for a few years prior. That money was to be part of our retirement. Do we have any regrets? Absolutely not. We made no money on the sale of that home but the memories we have made since then are priceless.
Prayers and best wishes to your parents on this new chapter in their lives and all of the challenges they will be facing.
We are also in the RGV. When we first wanted into the park we now stay in for 6 months it took 3 years to get a lot as they were so full. We have now been in this park for 10 years.
Many, many vacant lots and many park models for sale. The majority for sale are Canadian which is understandable with the current exchange rate. Having said all of that we are now finally seeing people under 60 come in. Not necessarily all RV'ers. Some are renting to test the waters and some are buying park models.
Our park has always catered to the more active or young at heart folks. We have a very active pool volleyball group and your grandma would not want to play with this group. Lol. They just added a sand volley ball court and a nice RC racetrack. It is great finally seeing some of the younger seniors being able to retire sooner. I think these are some of the reasons we are now seeing more younger people at our park.
Our park is now offering $199.00 monthly rates for first time people. That should also stir up some interest.
I agree with the other responses as to whether or not people are taking a loss when selling their places at a much lower price as when they bought. We are fulltimers and in order to start this lifestyle we sold our beautiful Lake front home for half what it had been appraised for a few years prior. That money was to be part of our retirement. Do we have any regrets? Absolutely not. We made no money on the sale of that home but the memories we have made since then are priceless.
Prayers and best wishes to your parents on this new chapter in their lives and all of the challenges they will be facing.
