Insight
Fewer homes have been sold in the past two years than at any point in the last three decades, meaning competition is low and buyers have more negotiating power.
This article from The Short Term Shop argues that now is a good time to buy a short-term rental due to less competition, softening prices in key markets, and continued tax advantages. Hosts should consider this information when evaluating market conditions and investment opportunities.
Fewer homes have been sold in the past two years than at any point in the last three decades, meaning competition is low and buyers have more negotiating power.