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Updated over 1 year ago on . Most recent reply

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31
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Vince Craig
  • Real Estate Agent
  • salt lake city
31
Votes |
43
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Short Term Rental market, Hot, cold or lukewarm?

Vince Craig
  • Real Estate Agent
  • salt lake city
Posted

 I've heard the Short Term Market cooled off quite a bit over the last year or so, wanted to see what you all are seeing in your markets. 

  • Vince Craig
  • 801-808-7695

Most Popular Reply

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757
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1,042
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Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
1,042
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757
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Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
Replied

@Vince Craig

Most of my clients looking to acquire STRs are re-evaluating their strategy or underwriting properties to support LTR or MTR strategies as a back. That changed over the last few years where a back up strategy was an afterthought or non excitant.

Headwinds: regulatory, interest rates, house prices, "professional" competition, and market saturation.

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