Investors are buying single-family homes and renting them out to capitalize on demand among families unable to qualify for a mortgage. Their purchases, many made with cash, are helping to support the housing recovery and pushing up prices, according to Bloomberg Businessweek.
Homeownership rate lowest since 1995
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American Financial Resources announces two executive hires
Multichannel lender American Financial Resources (AFR) added Michael Brenning and Brian Collins to its executive leadership team.
