Investors see rising profits from rental propertiesDecember 18, 2012 @ 9:13 am
Rental income produced by residential properties rose 12 percent year-over-year in September 2012, CoreLogic reported.
"The rapid growth in rental income is a byproduct of fundamental shifts in the housing market, driven by a large increase in affordable investment properties and rising rents," CoreLogic reported.
This residential investment will contribute to additional economic growth.
"Overall market uncertainty can be reduced further by a reduction in mortgage risk, investment-driven economic recovery, and further clarity on housing policies, leading to more sustainable profits and outcomes for real estate and housing finance," according to CoreLogic.
The man behind a staged child abduction apologizes for scaring young kids, parents
An army of volunteers is making sure mudslide searchers get to put on warm, dry clothes
Two airlines are battling for your business and you're the winner
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.