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Housing downturn spurs a boom in foreclosure-to-rental conversions

  The Washington Post

With home prices at historic lows and rental rates on the rise, a growing number of investors with cash to spare are seeking lucrative returns by gobbling up foreclosures in distressed markets across the country and turning them into rentals.

Read the full story

Published Friday, April 27, 2012 7:39 PM by Gail Griffin, GRI, e-PRO

Filed under: Real Estate, Industry

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