Tag Archives: 60% of Single-Family Renters Plan to Buy Within 5 Years

Renters of single family homes are twenty-five percent more likely than apartment tenants to stay in their current homes fives years or longer, according to a new survey by Opinion Research Corporation. The finding suggests that “demand for single-family homes, the fastest growing rental category, will be more stable than multi-family demand,” according to the survey findings. Renters also say they plan to look at single family homes and become home owners one day, particularly among single-family tenants. Sixty percent of single-family renters and 44 percent of apartment renters say […]