As the government begins to tiptoe into the REO-to-rental arena after many months’ deliberation and input from thousands of industry participants, Fannie Mae released a data note on the single-family rental market.
Overall, single-family renters increased by 2.7 percentage points from 2005 to 2010, according to data Fannie Mae compiled from the American Community Survey.
However, the percentage of single-family renters varied greatly from market-to-market, with 9.8 percent in the New York City metro area and 57.8 percent in the Stockton metro area.
Read more...Fannie: Single-Family Rental Growth Won't Infringe on Multifamily via DSNews.com
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