Arizona STR market article

[Bruce Woodruff]

From an Arizona publication......claiming the STR market is over-saturated. I do see a lot of STRs for sale on various FB sites. I doubt this is a national trend as AirDNA predicts, but what are y'all seeing?

"According to a mid-year outlook from AirDNA, an analytics company focused on short-term rentals, the increase in short-term rental supply will cause another year of declining occupancy. Nationwide, AirDNA predicts short-term rentals will have an occupancy rate of 57.6%."

https://www.azfamily.com/2023/...