14.06.2012 - U.S: Investors want real estate (again)
U.S. investors are getting back into real estate, but their efforts are being complicated by the uncertain housing market. Bloomberg reports that private equity firms, hedge funds and pension systems have raised more than $6 billion to buy foreclosured homes and convert them to rentals, taking advantage of the disparity between falling home prices and the hot rental market. But inventory levels have been lower than investor demand, because of the reluctance of private lenders to unload their properties en masse...............................................Full Article: Source
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