Profitable Taos investment homes!
Profitable Taos investment homes lead the US ski town market according to a leading real estate information company. If you’re looking for a profitable real estate investment home, you may want to consider investing in a home in Taos.
RealtyTrac reports profitable Taos investment homes
Citing world class slopes at Taos Ski Valley, Taos was named by RealtyTrac one of 19 top US ski towns for best real estate investment value. Evaluated were
- distance from a major airport at Albuquerque Sunport (98 miles)
- median list price ($274,496)
- gross rental yield (4.91 percent)
- rental vacancy rate (8.10 percent)
Taos was also ranked for its “pure awesomeness factor.”
RealtyTrac researched housing and economic data for resort towns. They concluded that while higher prices and maintenance costs can accompany properties near ski resorts, buying a second home or investment property can be a smart money move.
With the additional vacation rental income, investing in a ski town with a solid economy, even non-vacation rentals, may be a wise investment. It also could be a good play for investors who don’t ski or snowboard.
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About the Author
Sharon Bumpas Gilster
LeadingRE Qualifying Broker/Owner Sharon Bumpas Gilster served as 2010-2011 Vice Chair/Fund Raising Chair of the RANM REALTOR® Political Action Committee-New Mexico. Sharon serves also on the RANM regional and state Professional Standards Committees, Mediation Committee, and Ombudsman Committee, Taos County Association of REALTORS® MLS Committee, and the Santa Fe Association of REALTORS® International Council. As a Certified International Property Specialist, the only international designation recognized by the National Association of REALTORS®, she is a global real estate professional who has undergone specialized training focused on conducting business in the international real estate arena. A member of the Taos MLS, Santa Fe MLS, and the Greater Albuquerque Association of REALTORS® MLS association, a licensed real estate broker and appraiser in New Mexico, Sharon offers her listing clients the additional experience of a trained mediator and home staging services as a certified ASP REALTOR®. She holds the additional NAR designations of Certified Residential Specialist, Acredited Buyer Representative, and E-Pro. Clients know her to be a person of high integrity, focused on customer service with a solid understanding of her business and a remarkable ability to listen, evaluate and execute.
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