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Loan Modification

: Loan Modification & Home Loan News

Foreclosure crisis causes apartment rentals to soar

By Moe Bedard

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Landlords are seeing a surge in apartment rentals as mounting foreclosures reduce homeownership and an improving job market for young adults encourages them to find their own places.The number of occupied apartments increased by 215,000 in the 64 largest U.S. markets in the first half of the year, according to MPF Research. That’s almost double [...]

Full post as published by Loan Modification & Home Loan News on July 28, 2010 (boomark / email).

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