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income produced by residential rose 12 percent year-over-year in September 2012, CoreLogic reports.

“The rapid growth in rental income is a byproduct of fundamental shifts in the housing , driven by a large increase in affordable investment properties and rising rents,” CoreLogic reports.

This residential investment will contribute to additional economic growth. “Overall market uncertainty can be reduced further by a reduction in mortgage risk, investment-driven economic , and further clarity on housing policies, leading to more sustainable and outcomes for and housing finance,” CoreLogic reports.

Source: http://realtormag.realtor.org/daily-/2012/12/18/-see-rising-profits-rental-properties

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