Are renters really leaving apartments for homes in droves? Recent "mythbusters" say it's pent-up demand that's allowing some folks to buy homes now that the market seems to be stabilizing, but the small pool of qualified homebuyers and slow return of the job market will keep apartments full. And those leaving will be steadily replaced by college students and grads and others ready to leave the nest. Read more.
Thursday, June 14, 2012
Are your residents fleeing to buy homes?
Are renters really leaving apartments for homes in droves? Recent "mythbusters" say it's pent-up demand that's allowing some folks to buy homes now that the market seems to be stabilizing, but the small pool of qualified homebuyers and slow return of the job market will keep apartments full. And those leaving will be steadily replaced by college students and grads and others ready to leave the nest. Read more.
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