Dividends paid out on single-family homes owned by real estate investment companies have jumped more than 44 percent since last year, showing how commercial investors are taking advantage of a hot housing market that’s pricing out middle-income and first-time homebuyers. Real estate investment trusts (REITs) paid out $212 million in dividends in the second quarter of this year on single-family homes, up 44.2 percent from $147 million last year, according to a report released Monday by the National Association of Real Estate Investment Trusts trade group. Dividends paid out on the residential sector as a whole were up almost 10 percent on the year, while dividends on mortgage-backed
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