View Property Records by Street in Hobbs, NM

Located in Southeastern New Mexico, the neighborhoods in Hobbs offer a range of options for real estate investors. For those interested in attracting renters in the professional and energy sectors, neighborhoods like North Acres and the Zia Crossing development offer newer homes and easy access to commercial areas and amenities.

Hobbs' affordable property prices and steady demand make it a favorable market for investors who want to secure stable rental income. A high employment rate, strong economic base, and recreational amenities make Hobbs a real estate investment opportunity worth exploring.

The economy of Hobbs is primarily anchored by the oil and gas industry, with major employers like Chevron and Oxy Permian EOR operating in the region. The city is part of the Permian Basin, one of the most productive oil fields in the country, and attracts workers from around the United States. This consistent demand for labor translates into a strong need for housing, from short-term rentals for transient workers to more permanent housing for families and long-term residents.