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During the housing bust, investors pounced on foreclosures and short sales-houses that sell for less than the amount owed on the mortgage-to use for cheap homes they could rent out or flip for a quick profit. Now, those easy pickings are gone, but the investors are still swarming over local housing markets, offering all-cash deals and creating…
Read the article on wsj.com >
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https://www.seattletimes.com/business/wall-street-buyers-snap-up-thousands-of-local-homes-for-rental...
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