Market Currents
Single-family rental demand is up more than 25% Y/Y in some of the nation's hardest hit real...
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Tuesday, November 13, 2012, 9:20 AM ETSingle-family rental demand is up more than 25% Y/Y in some of the nation's hardest hit real estate bust towns, writes Nick Timiraos after viewing an upcoming CoreLogic report. The inventory of rentals stands at just 2.6 months, down from 3.2 a year ago, and more than 5 months in 2007. Thus far, rents are showing little growth, but expect that to change going forward.
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This news story has 1 comment:
That's the bad news.
The good news is that in those hardest hit real-estate bust towns,
Obama won by 104% to -3%.
That means, more food stamps, more Obama phones and...
Forward!