Snowbirds
Don’t know what snowbirds mean?
It’s not birds made of snow. Snowbirds is a nickname given to Canadians and American people that live in the colder northern states, that, during the winter “migrate” – just like a bird – to the south and its warmer weather in order to run away from all the snow and oppressive cold.
So, whenever you hear someone talking about snowbirds, that person is referring to a demographic of people that sets a temporary residence in the south during the winter. Now, because it’s a somewhat expensive idea, those snowbirds are generally retirees, professionals that can work remotely and executives who work for companies with offices in the south. With that profile in mind, the states with the most snowbirds are New York with a huge lead, then Pennsylvania, New Jersey, Michigan, and Massachusetts. When November comes, they leave those states and head down South to enjoy a warmer climate.
For real estate agents, this demographic of snowbirds usually mean someone interested in buying a second home, that’s going to be used for airbnb renting throughout the year and will host the snowbird family during the 3 winter months (or just part of those months).
Florida is the state where most snowbirds go to, and that’s not only because of its nice beaches and affordable house prices but also because many snowbirds take advantage of the fact that Florida has no state income tax, so they declare permanent residency in the Sunshine State and claim lower non-resident income taxes in their actual home states. Sometimes that also means citizens are allowed to vote on two different gubernatorial races; however it is considered fraud if you vote in the Presidential race in two different states; you are only allowed one vote.
Arizona, California, New Mexico, and Texas are also states snowbirds choose to make their winter nest. The kind of snowbirds that choose those usually have as their primary residence Vancouver, Washington, Colorado and other Midwestern states, and usually don’t spend the whole season, but get the end of the year break and travel down in an RV and stop at a Motorhome park. They consider other fellow snowbirds that always go to the same “snowbird friendly” park a “second family”.
Real Estate Agent tip:
Need to run away from the cold but have no idea where to go and how to do it? Find a real estate agent to point out the best migration route for your snowbird urge. They will help you fly towards safety!
Popular Real Estate Terms
Unsecured long-term debt. There is no collateral or lien on the property. A debenture can only be issued by a financially sound borrower with an excellent credit rating because no ...
Claude in a contract, title, or mortgage that is subject to being annulled, repealed, or revoked upon the satisfaction of a claim or completion of a future event. ...
Changing property ownership. An example is the sale of a home to another. ...
(1) Paved roadway constructed above lowlands such as a swamp. (2) Roadway in ancient Egypt connecting the valley temple with a pyramid. ...
Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...
Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction. ...
Intentionally misstated or undisclosed facts, statements or representations. Misrepresentation is a form of fraud which could lead to cancellation of a contract or other liability. For ...
Legal status conferred by certain states on a homeowner's principal residence. In certain states, homestead status may provide protection against creditor claims or forced land sales ...
Thinking about selling your own home without an agent? You can. For Sale By Owner or FSBO is how it’s called in the real estate world. It's when a homeowner decides to sell his/her ...
Have a question or comment?
We're here to help.