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Single-Family Rentals Keep Pulling In Investors

Single-Family Rentals Keep Pulling In Investors

The push is on to turn single-family rental homes into an asset class that can be bought and sold on Wall Street. Last week, the Journal reported that publicly traded home-builder Beazer Homes had teamed up with buyout firm KKR & Co. to launch a real-estate investment trust to manage its small portfolio of single-family homes as rentals. Beazer’s REIT is still private, for the moment, but has plans for an IPO to take the company...

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Retire Here, Not There: New Mexico

Retire Here, Not There: New Mexico

For decades, the 65-plus crowd has flocked to Arizona hotspots like Scottsdale and Flagstaff. But with prices in these retiree-friendly markets soaring, a growing number of retirees are looking east to what some call the next Arizona: New Mexico. What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $150,000 and the cost of living is 5% lower than the national average. And for those retirees...

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Historic Home Tour to highlight properties built in 1912

Historic Home Tour to highlight properties built in 1912

Four houses, all of them more than a century old, will be open to visitors during the Historic Santa Fe Foundation’s annual Mother’s Day Historic Home Tour on Sunday afternoon. “This year, in honor of New Mexico’s Centennial, the theme will highlight select properties on sections of Acequia Madre, Garcia Street and Canyon Road that were in existence in 1912,” the foundation said announcing the event. New Mexico...

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What You Should Know About Pocket Listings

What You Should Know About Pocket Listings

Over the past year or so, “pocket listings” have become a more mainstream option for quietly marketing a home. If you haven’t heard this real estate term before, you probably will. This Zillow Article goes more in-depth into pocket listings, but here are the basics. A pocket listing is an unofficial, off-market listing Pocket listings are growing in popularity Pocket listings let sellers test the market Pocket listings have...

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5 Strategies for a Surprise-Free Sale

5 Strategies for a Surprise-Free Sale

Here are the five actions you can take right now to minimize your chances of having an unpleasant home buying surprise: 1. Study up: you’ve got to take your real estate education to the next level, and study up on some very specific subject matter: your local market, in real-time. 2. Team up: If there are particular potential surprises or other issues that keep you up at night, you should clearly express those to your team of real estate...

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What to Know About Your Down Payment

What to Know About Your Down Payment

When you buy real estate, it’s very exciting. First, you shop until you find your dream home (or maybe your dream home minus some bedrooms and closets). Then, you write possibly the biggest check of your life. What is it? What happens to it? It’s Not Actually a “Down Payment” Because it’s the first money that a buyer puts “down” against the purchase, buyers often refer to it in slang as the “down payment.” That’s not...

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