Pettinella: Not worried about growing home market

06/23/2013 | REIT.com

The growth of the single-family home market is not a concern to Home Properties' business model, says Ed Pettinella, CEO and president of the REIT. "First, you have to keep in mind that 60 percent of our residents either never owned a home or have intentions of owning a home." Mortgages are also difficult for new home buyers to get, he also said.

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