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  • 🔥 STR Homes for Sale | Scouting Report

🔥 STR Homes for Sale | Scouting Report

💰 Passive STR Income in 2024!

a MESSAGE FROM OUR PARTNERS

Maximize your wealth — unlock the benefits of passive real estate and vacation home investing.

Happy Holidays!

Welcome to this week's brief STR scouting report featuring Short-Term Rental (STR) homes for sale, market trends, and the latest news nuggets.


✅ Passive STR Investing: Put your ROI on auto-pilot in 2024!
STR Homes for Sale: Trending STR deals this week.
✅ STR Resource Round Up: STR tools and resources from our trusted partners to help you manage and grow your STR business in 2024!
✅ News Nuggets: Catch the latest STR news and real estate market snippets!
✅ STR Affordability Challenges: Attom’s Q4 report and how affordability might impact STR in 2024.

The STR Scout Team

TOGETHER WITH ARRIVED

Arrived simplifies the process of purchasing shares in rental homes (long term rentals and vacation rentals), providing an opportunity for everyone to generate passive income and leverage property value appreciation.

  • Choose from our extensive array of premium rental homes and invest any amount between $100 and $20,000 in each property.

Arrived handles the management and operations, allowing you to relax and accumulate wealth effortlessly.

  • Supported by world-class investors, including Jeff Bezos and Marc Benioff, Arrived ensures a secure and successful investment experience.

TRENDING STR DEALS

🏡 STR Agent (Listing Agent) Posts

Post your STR deal and reach 130000 STR buyer marketplace - FREE

Post your STR deal and reach 130000 STR buyer marketplace - FREE!

STR AGENT TOP PICKS

$2.25m | Montana Luxury Ski-In/Ski-Out at Whitefish Mountain Resort with Big Mountain Views! 

💰 Revenue: Revenue projections range from $156k to $336k! Contact John for details.

⛷Montana Living at it's Finest with this Ski-in/Ski-out condo featuring Amazing Mountain Views.

Year-round Fun with snowsports, Glacier Nat'l Park, & Whitefish Lake nearby.

🏘 Fully Turn-Key - recently updated interiors & designer furnishing accentuate this luxury property.

For more information:

  • Contact: John Hayes

  • Call or Text: 850-375-4113

  • STR Agent: Whitefish and Montana Vacation Towns

$750,000 | 76 Climbing Aster Way Vacation Rental with Mountain and City View!

💰 Revenue: Contact Tyler for revenue details.

🏡 This 4 bed 3 bath modern home can sleep at least 12 guests.

🏔 Offers 180-degree year-round views of surrounding mountains and city.

🏠 The main level features vaulted ceilings, an open concept with split bedroom floor plan.

For more details:

Contact: Tyler Coon
Call or Text: 828-620-2541
STR Agent: Ashville and surrounding communities
[email protected]

STR EVENT - MIAMI SHORT TERM RENTAL CONFERENCE

The 2ND Annual Short-Term Rental (Winter) Conference Miami: Connect, Innovate, Learn.

What’s the Event: This is THE annual STR meeting to connect with STR industry professionals to learn, transact, network, and grow in 2024.

When is it: January 9-10, 2024

Where is it: JW Marriott Turnberry Resort - Miami (Aventura).

Why attend: Network with 500 to 700+ attendees, 75+ industry experts, 45+ exhibitors, and STR industry leadership teams.

Exclusive Member Discount: STR Scouts get a 20% discount off the ticket price! Enter coupon code “STRVIP20” at check out to get your discount!

🙏 Share the coupon code with all your friends and business associates and they will also save 20% off the event price!

INDUSTRY NEWS NUGGETS

🏓 Pickle Ball Paradise: Luxury developers and homeowners are adding courts to attract 25 million players across 9 countries. Business Insider

💥 Hard Landing in 2024: According to Morgan Stanley, we need to brace for a hard landing in 2024. Business Insider

🔮 Fannie Mae Crystal Ball Reading: From mortgage rates to house sales here are Fannie Maes forecast for the next 2 years. Business Insider

✈️ Cancun Airports $1.4B Upgrade: Vacation travel to Yucatan is booming so is the airport capacity in Cancun and Tulum! Cancun Sun

🏦 Bank Bailout Continues: The Bank Term Funding Program is Fed lifeline. What it is and why you need to watch it. to failing banks. SchiffGold

Vermont STR Boom: STR’s on the rise across Vermont and average monthly revenues hit new reccord. Mountain Times

💣 Commercial Ticking Bomb: Financial disaster looms for commercial real estate in 2024. Here is what happens next. Business Insider

📈 Property Tax Rate by State: Top 10 highest tax states and visual map to view tax rates by state. Visual Capitalist

📉 Prices are below their 2022 peaks in these 9 of the 20 metros in the Case-Shiller index. Wolfstreet

STR Real Estate Investors Navigate Affordability Challenges in Q4 - Despite a Dip in Property Prices

What is happening here:

  • ATTOM’s fourth-quarter 2023 U.S. Home Affordability Report reveals that median-priced single-family homes and condos are less affordable in 99 percent of analyzed counties compared to historical averages.

  • Major expenses on such homes now consume 33.7 percent of the average national wage, reaching a 16-year high.

  • Although the report indicates a stabilization in home affordability, both historical and current affordability measures remain worse than a year ago, with a three-year trend of increasing financial strain on potential homebuyers.

Why is it relevant to STR real estate investors:

  • For STR and LTR real estate investors, this data signifies the challenging landscape in the U.S. real estate market.

  • The high portion of wages required for typical mortgage payments makes it harder to enter the market.

  • Investors should be aware of these trends as they can impact property values, demand, and the overall profitability of your STR investments.

  • Understanding the broader economic context, as well as local market dynamics is crucial for making smart decisions in the STR real estate market.

What does the future hold for STR investors:

  • The future for short-term rental (STR) investors is uncertain and will depend on the economic conditions affecting investrors (home values, and rising expenses, mortgage rates) and discretionary income.

  • The recent decline in average 30-year fixed mortgage rates and a 3 percent slip in nationwide median home values may offer some relief.

  • With declining affordability, rising cost of ownership, rising home values, investors should remain cautious and closely monitor market dynamics.

  • Adjusting investment strategies based on emerging trends will be crucial for navigating the evolving landscape of short-term rentals in the U.S. real estate market in 2024.

🤝 Share your STR business! Reply to this email to get in touch.

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Freddie Mac 30yr Mortgage
(Weekly 12/14)
6.61 (-.06 since last week)

U.S 10 yr Treasury Bill
(Weekly 12/15)
3.87 (-.02 since last week)