Property Management Blog

What In The World Do Groundhogs And Renting Property Have In Common?

What In The World Do Groundhogs And Renting Property Have In Common?


Do you believe whether a groundhog sees its shadow or not is a true indication of when Spring will come?

A lot of people aren’t even sure, which means we’re going to have more winter.

But even if you do, it doesn’t make a whole lot of sense. If it’s sunny, and he sees his shadow, that means a longer winter. If it’s cloudy and he doesn’t see his shadow, it means Spring will come sooner. That seems totally backwards.

And then there are lots of different groundhogs… which are you supposed to believe?

Groundhogs don’t predict Spring

Truth is, Spring never actually comes sooner, even if every single groundhog doesn’t see his shadow. It begins on a specific calendar day.

Now the weather on the other hand, that’s a different story. The weather will be what it will be. Weather is something people make small talk about. 

But a groundhog predicting it!? Meteorologists can barely do it.

So, most people don’t put a whole lot of stock in what the groundhogs “say” on Groundhog Day. However, a lot of people do put stock in the “Spring market” when it comes to renting your property.

Is Spring the best time to rent your property?

So many people believe it’s the “best” time to rent your property. Not necessarily. 

Sure, there is definitely a “Spring market”. 

But first of all, to even say exactly what day it begins is impossible. Some property managers even say the Spring market begins in January. Others may say March. Or April. Maybe May.

And while there’s no definite answer as to when the Spring market actually begins, it’s even more inaccurate to say that it’s the best time for you to rent your house.

It might be for some clients… but certainly not for everyone. It depends on so many variables, and upon the client’s specific scenario and needs.

Some solid advice…

Don’t put stock in the “Spring market”, no matter what you hear, or who you hear it from. 

Do not base your decisions about when to rent upon something people talk about as lightly as the weather… or whether the Groundhog saw its shadow or not.

There’s no one-size-fits-all answer. 

But if you are thinking about renting and property management, then we should chat. And strategize. 

Is now a better moment for you to begin renting your property and hiring a property manager ?

Or is it better for you to wait until Spring is “officially” here?

Or perhaps Summer…

Or Fall…

Or Winter… 

It depends on a whole lot of variables. 

So, if you’re thinking of renting your property, let’s just chat.

If not, just stick this in your head for future reference!

Happy Groundhog Day!

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