US Housing: Serious Investors Looking for Multi-Family Homes

Thursday, 21 Jun 2012 | 5:30 AM ET

Timour Shafran, managing partner at Citicore, told CNBC, "The housing sector seems to be growing a little down a little up and it makes people feel comfortable that they are getting equity back to what they've lost in the past several years but investors aren't going to buy a single family home."