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re: Sandestin Real Estate Prices....where are they headed?

Posted on 5/28/20 at 12:04 pm to
Posted by amgslg
Member since Jun 2014
324 posts
Posted on 5/28/20 at 12:04 pm to
In terms of rental income affecting owners' ability to pay their mortgages, I don't see this happening. We [I own a condo in destin that is selling/closing on June 15] only lost rental income in March through mid-May which hardly provides any rental income at all for the year. The bulk of your money is made mid-May through September and that hasn't been affected for us.

In fact, with cruises and Disney no longer a viable option for the next year or so, I see an even greater demand for beach rentals so I don't think lack of rental income will be forcing anyone to sell.



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