The 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, 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.
