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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet,
Mortgage Rates are at their lowest point since the pandemic era - settling just BELOW 6%. As we anticipated - rates should continue their methodical downward trend settling around 5.5% by years end. For investors that purchased in 2024 - keep a tab on refinancing options.
What we are watching: Inventory Crisis.
In eight years of STR sales on the Oregon Coast - this is the lowest housing and STR inventory we have experienced with roughly 900 single family homes listed for sale for the entirety of the 363 mile Coastline! To put that in perspective: Palm Springs has over 1250 homes for sale.
This is a drop of nearly 20% in average housing supply and has made competition and demand slightly more intense for short term rental eligible properties.
Update on Yachats Oregon STR Rules
Historically we tend to avoid STR regions that have waitlists or properties that are not eligible for vacation rental usages immediately - however with the limited inventory (and for investors with the ability to consider in a variable timeline) Yachats currently has a limited five person waitlist. Expectations are 6-12 months for permit issuance. Here are a few homes worth consideration if that sounds like you!
20 E 8th St Yachats OR | 2 / 2 656SF - Asking $399,000
674 Pacific View Dr Yachats OR | 3 / 5 2295SF - Asking $770K
250 Hill Ct Yachats OR | 3 / 3 1632SF - Asking $789,500
3775 Highway 101 N Yachats | 4 / 6 7525SF - Asking $2.195M
For market and investing insights be sure to follow me and my articles as a FEATURED AUTHOR ON BIGGER POCKETS.
📲 Shop directly at our exclusive STR HOT SHEET. Updated daily and featuring 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com
Featured Property:
35395 Sunset Dr Cloverdale OR
4 | 3 3294SF - Riverfront estate with transferrable STR permit.
⚓️ 9 MORE STRs For Sale:
87803 Sandrift St Florence OR | 3 / 2 1084SF - In town estate sale on oversized lot. Asking $399,999
5902 Barefoot Ln Pacific City OR | 2 / 3 1337SF - Active STR townhome with transferrable permit. Asking $549,900
280 NW Huckleberry St #6 Waldport OR | 4 / 4 1692SF - New construction townhome sold furnished and STR eligible outright. Asking $599,900
920 NW Highland Cir Waldport OR | 3 / 3 2232SF - In town and STR eligible. Sold unfurnished. Asking $625,000
11354 Highway 36 Mapleton OR | 4 / 3 2520 - Riverfront STR back on market. Asking $725,000
2595 SW Barnacle Ave Lincoln City OR | 3 / 4 2300SF - Olivia Beach home STR eligible outright. Asking $849,000
1164 Beach Dr Seaside OR | 5 / 4 3080SF - Oceanview home with new STR permit. Asking $975,000
36350 Brooten Mountain Rd Pacific City OR | 3 / 3 2008SF - Oceanview townhome with transferrable STR permit. Asking $1.150M
4580 Fairway Ave Gearhart OR | 4 / 4 2680SF - Back on Market, Oceanfront estate in HOA community that permits STRs. Asking $1.650M
BONUS HOSPITALITY LISTING: IN HOUSE - 12 Unit Riverview Boutique Motel in Florence Oregon! Impeccably maintained, operated and consistently profitable -this impressive turnkey property is primed for continued success. Asking $1.997M
👁🗨 Our exclusive STR HOT SHEET is updated daily and features 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com
🎯 Why use an STR-focused broker
We specialize in licensed, zoned STRs, 1031X timing, and turn-key luxury sales so investors save time and capital.
$35M+ in STR sales closed along the Oregon Coast & beyond; we underwrite revenue, compliance, and operations—not just comps.
Our HOT Sheet tracks 99% of eligible STRs so you move smart.
🪄 HOT Sheet: 9 of 10 of our STR sales are first found on our exclusive and invite-only cheat sheet: Request access and visit sesemisheet.com
Thank you for reading this week’s edition of Sesemi STReet your premier information source for vacation Rental and investment property insight throughout Oregon & California.
Anthony AJ Wong
Licensed Oregon Real Estate Broker | NMLS Mortgage Broker
Sesemi | STR Brokers powered by Fathom Realty Oregon + Loan Factory
📞 541-800-0455
🌐 My Website | 👖Bigger Pockets Feature Agent Profile | 🗓️Book 15 Minute STR Consultation
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License #201231202 | FL NMLS ID: 2297941
P.S. As a licensed NMLS mortgage broker with Loan Factory - utilize our industry leading pricing tool for mortgage options anywhere in the country. Our loan system is designed for busy professionals that demand transparency and efficiency. Check in with my go-to LO Joseph Chiofalo for Pre-Approvals or Rate Quotes.
