he rental market for real estate owned properties could reach $100 billion in 2012 with single-family REO investors in Florida and the Midwest reaping the most profit.
According to new data from CoreLogic ($16.05 -0.05%), the single-family rental market is “strong and vibrant with stable rents, low months’ supply and a healthy pace of closings." The sector boasts potential returns for investors that are far and above many asset classes in the real estate market, helped by the government's new REO-to-rental program.
Read more...Returns for REO-to-rental investors could reach $100 billion | HousingWire
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