Prices Are Back to 2021 Levels in This Texas Beach Market

Summary

This video provides a timely market update for the Galveston and Crystal Beach, Texas, short-term rental market. A local expert reveals it's a strong buyer's market, with prices reverting to late 2021 levels and inventory sitting for over 90 days, creating significant negotiation opportunities. The key strategy for this drive-to destination is focusing on larger properties (5-6+ bedrooms) designed for multi-family groups, which can gross upwards of $138k annually. The video offers specific tactics for furnishing, adding amenities, and negotiating lowball offers to maximize ROI in this specific beach market.