Minnesota short-term rental hosts, travelers drawing back from oversaturated market - Star Tribune
Summary
This article discusses the oversaturation of the short-term rental market in Minnesota, leading to potential challenges for hosts. Hosts should be aware of this market trend and may need to adjust their strategies to remain competitive.
Key Insights
- •The article suggests an oversaturated market.
Action Items
- ✓Consider researching market trends in your area and adjusting pricing accordingly to remain competitive.Effort: lowImpact: medium
Related News
Foreclosure Notice of Sales Jump 27.9% Year Over Year: What the Notice of Sale Surge Means For Real Estate Investors
Foreclosure Notices of Sale (NOS) are up significantly YoY in several key markets, signaling potential opportunities for real estate investors. Hosts can anticipate increased REO inventory in 60-120 days. Use NOS data to research markets, prepare for future REOs, and possibly take advantage of favorable non-recourse loan terms within self-directed retirement accounts.
The 2026 State of Real Estate Investing: An “Easier” Road Ahead
This BiggerPockets article discusses the state of real estate investing in 2026, suggesting that deal flow and cash flow are improving, making it a potentially easier time for investors. Hosts should be aware of these market trends and consider adapting their strategies to take advantage of the changing landscape.
How to Choose the Right Revenue Manager for STRs
This article discusses the importance of revenue management in short-term rentals, especially in a more competitive market. It covers different revenue management ownership models (DIY, in-house, outsourced), highlights the need for education and analytical skills, and emphasizes the impact of revenue management on profitability. Hosts should evaluate their current revenue management strategies and consider whether they need to optimize their approach to maximize revenue.
Investors shy away from short-term rentals - Times News Group
This article indicates a shift in investor sentiment, with investors becoming less interested in short-term rentals. Hosts should stay informed about market trends and assess the potential impact on their properties and investment strategies.