U.S. moves to sell, rent 92000 foreclosed homes
By Ronald D. Orol, MarketWatch
WASHINGTON (MarketWatch) — Struggling to clear its inventory of foreclosed properties, the Obama administration said Wednesday it’s looking for investor ideas for converting more than 92,000 foreclosed properties owned by the U.S. government into rental units, a sign of the depths to which the U.S. housing market has sunk.
“Exploring Read more [...]