Sep 10 2015 12299 1

Sep 10 2015 12299 1

 More homeowners are becoming first-time landlords

Tim Logan

The real estate market has long worked on a simple system: If you want to buy a new house, sell the old one and use the equity for a down payment. But the last few years of low ownership costs and rising rents have some move-up buyers trying a new approach: Buy the new house. Keep the old one. And rent it out. Real estate firm Redfin asked 1,900 prospective home buyers nationwide what they planned to do with their old house when they bought a new one. As you'd expect, the majority said they would sell.



Marilyn Cortez Headshot
Author:
Phone: 956-587-1633
Dated: September 10th 2015
Views: 271
About Marilyn: Always ahead of the highly competitive RGV real estate market, Marilyn Cortez is a Spanish speaking ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Mortgage Rates Will Rise In 2021 - Advertiser DisclosureMortgage
Your Local Mortgage Lender - From your local mortgage lender :
6 Things Every Home Buyer And Seller Need To Know About Todays Housing Market - By Clare Trapasso | 
4 Simple Ways To Invest In Real Estate - 4 Simple Ways to Invest in Real

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

CORTEZ TEAM
833 N. Ware Rd.
McAllen, TX
956-246-4218
956-928-1422