‘REO to Rental’ Draws Investors Back into Real Estate

Since peaking at 69 percent in 2006, the U.S. homeownership rate has fallen to its current 65.4 percent. That’s a lot of former homeowners. Now, investors see opportunity. Even as the housing market bottomed out and investors, burned by the housing downturn, left real estate, others saw new opportunities to convert these properties into rental […]