Beazer Homes, one of the country's largest residential builders, is expanding into the rental and resale business with the launch of a Pre-Owned Homes Division. The venture has started its business in Phoenix and will likely expand into other distressed Western markets soon. No word yet on whether Nashville, where Beazer is marketing 11 projects, will become part of the company's pre-owned push.

UPDATE: A Beazer spokeswoman says there are no plans to come to Nashville and that the company "is not prepared at this point to speculate whether or not — and where — we would possibly expand" the pre-owned division.