Just when you thought the housing market was improving with increased supply and lower interest rates, one of America’s biggest landlords is teaming up with an insurance company, a global investment company and a Texas pension fund to buy $5 billion of U.S. houses to turn into rentals putting a bottom in house prices? How will these purchases affect the housing market?
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
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