If you MUST sell your home soon, price your home aggressively and dump it, preferably before January 1 to catch the annual STR bonus depreciation buyers, because the value is likely going to be declining in the near term.

Here is why:

For an owner-occupied single-family residence, the 30 year fixed rate is at 7 percent or higher right now. Investment loans are in the 8 percent range. Each of these represent 20-year highs.

What is so significant about 20 years? Because buying a STR for investment/income purposes began reaching vogue status only within the last decade. We don't know how this investment behaves with higher rates, but common sense says there is going to be significant downward pressure on home values.

In simple math, for every 100 basis points that lending rates rise (say from 7 to 8 percent), the house has to be discounted 10 percent for the Return On Investment (ROI) to work. The calculated ROI for the typical STR declines when the cost of money goes up.

What is the answer? If you are trying to sell at 2022 values and interest rates, lots of luck. Savvy investors won't be able to make the numbers work and will wait until a price comes along that makes sense. That means you are going to be dependent upon uneducated buyers and/or buyers that have some level of emotional attachment to your place that offers value to them besides simply the investment value.