People who are moving out
Since the real estate market values of properties in the Bay area are rising, it is a quandary for homeowners who are finding themselves needing to vacate for different reasons.
Some folks are considering accepting jobs elsewhere, but are nervous that should they decide to come back, they won't be able to buy another house just like the one they have.
Others are planning to spend half the time away by living in another home elsewhere.
Others want to go an extended vacation for a few weeks or a few months.
So what to do with their house?
People who are moving in
This is another story. Folks who are being relocated by their companies are offered corporate housing. But some of them may be small apartments in big buildings where they may not feel as connected with the community. Some folks would prefer to be in an environment as closely attuned to where they would like to live.
Where and what can someone rent without signing a long-term lease?
We've heard of AirBnB --- an idea that was launched by people who rented out a room in San Francisco during a convention, and rooms were hard to find. Here's a story on how AirBnB started.
And Home Exchange --- there are several organizations that offer this, such as HomeExchange.com and Intervac-HomeExchange.com
While searching online, I stumbled upon another possible option: Corporate Housing (by Owner)
CorporateHousingByOwner.com. This could be ideal for people who are relocating to another city and haven't completely settled in yet. It helps to find a home that is fully furnished, and that one can rent for a longer period of time while getting situated. It certainly beats staying in a hotel room, even if it's a suite.
I thought this would be something good to keep in mind when working with clients who are getting ready to relocate whether coming here or going somewhere.
Homeowners may feel better renting out their house for short term leases, and engaging property management companies to handle the day-to-day maintenance and upkeep.
If there are other alternatives, by all means, let's hear it!
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