Rental Income Trends in Orange Beach, Gulf Shores, and Perdido Key for 2024
Posted by Meredith Folger Amon on
Rental Income Trends in Orange Beach, Gulf Shores, and Perdido Key for 2024
As 2024 progresses, the rental market in Orange Beach, Gulf Shores, and Perdido Key has experienced some fluctuations in income compared to 2023. Several factors may be influencing these changes, including shifts in post-pandemic travel habits, adjustments within the rental property market, and even the timing of major holidays like Easter.
1. Post-Pandemic Travel Shifts
One possible factor behind the slight dip in rental income is the end of the COVID-19 pandemic. During the pandemic, the Gulf Coast was one of the few tourist destinations open, leading to a surge in rental demand and record-high rental incomes. Now that international travel has reopened, more…
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