Listen "Your Three-Bedroom Isn’t A Resort And The Market Knows It"
Episode Synopsis
We break down why many St. George short‑term rental owners are exiting, where three‑bedroom townhomes are getting hit, and why some luxury pockets still hold value. We compare peak‑era payment math to today’s rates, outline options to hold, reposition, or sell, and share real comps across subdivisions.• causes of the covid‑era buying frenzy and cheap money• how higher rates reset supported values via monthly payments• why groups favor larger, amenity‑rich homes over three‑bed units• real comps showing six‑figure declines in some pockets• examples of luxury and select communities holding or rising• one year of STR inventory signaling a buyer’s market• hold vs reposition vs sell frameworks and timelines• tax loss considerations and redeployment optionsHave other questions about living in, moving to, or visiting St. George and Southern Utah? Just ask! P. 435-291-5443E. [email protected]: www.GoStGeorge.comInsta: https://www.instagram.com/larkingroupFB: https://www.facebook.com/StGeorgeExperts🌟 Who? Jeremy Larkin was born and raised in St. George, Utah and is the owner of The Larkin Group Real Estate Advisors.📍 Where? Washington and Iron County, Utah, including, but not limited to St. George, Washington City, Ivins, Santa Clara, Hurricane, LaVerkin, Toquerville, Cedar City and Parowan. 💈 What? Jeremy and his team of expert advisors at The Larkin Group walk the best clients in the world through the brain surgery of Buying, Selling and Investing Southern Utah Real Estate! And perhaps more importantly, they LOVE this community and pouring their heart and soul into it!📻 Tune in! Jeremy is the host of The "St. George Real Estate Morning" Drive radio show 94.9 FM / 890 AM. You can stream the weekly program Thursdays at 8:35 AM here: https://tinyurl.com/radiorealestate 🙏 Give: The St. George Basket Brigade feeds 200+ families every Thanksgiving and supports local families, students and schools through organizations like Tan's Treats. Learn more and give at http://stgeorgebasketbrigade.org/🔍 SEARCH ALL HOMES AND LAND in Washington County https://www.gostgeorge.com/ 🔗 CHECK YOUR CURRENT HOME EQUITY @ https://www.gostgeorge.com/homevalue[00:00:00] Setting The Stakes: STRs In Trouble[00:06:30] How Airbnb Took Over And Why It Matters[00:10:55] Covid, Cheap Money, And The Buying Frenzy[00:16:20] Bookings Fall And Bills Rise[00:19:40] The Three-Bedroom Problem
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