Snowless Season and the impact on rentals in the Bay Area
Parking was very challenging throughout the city this
weekend. Did fewer San Franciscans drive
north to the slopes because of the lack of snow? Most
renters decide to move when the weather improves in the spring. Are people moving earlier this year because
the weather is not inclement?
I say yes to all of the above! I noticed our inventory of rentals (mostly in
the sub $3000 range) depleting quickly this month. What is usually the start of the ski season
in Squaw, Northstar and all the slopes around Tahoe, Martin Luther King weekend
has turned into a rather busy weekend for prospective renters and agents with
inventory.
Sadly, this has put a chill on the hospitality industry for
the big resorts. Hopefully they will
recover if and when the rain comes. The
Niner’s victory did seem to “lift” most spirits.
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