Insight
The list price to sale price ratio is down, with homes selling for nearly 10% less than listed prices on average, signaling a shift in the market.
This article discusses how rising interest rates and a shift to a buyer's market are impacting house flipping, which has implications for STR hosts. Hosts need to adapt their underwriting, track market metrics, and adjust resale projections to account for longer days on market to maintain profitability.
The list price to sale price ratio is down, with homes selling for nearly 10% less than listed prices on average, signaling a shift in the market.