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US Housing: Serious Investors Looking for Multi-Family Homes

5:30 AM ET Thu, 21 June 2012

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."