Tag Archives: renters

Renters Continue To Perceive Obtaining a Mortgage is Difficult

Renters strongly prefer to own instead of rent By Jeff Sorg, OnlineEd Blog (June 7, 2016) – According to the results of the Federal Reserve Bank of New York’s  February 2016 SCE Housing Survey, renters continue to perceive obtaining a mortgage (if they wanted to buy a home) as difficult, with two-thirds stating that it would […]

Report Shows Just 14.7% of Tenants Moving Out Purchased a Home

According to a recent report by John Burns Real Estate Consulting, affluent renters are slow to buy a home. John Burns Real Estate Consulting studies apartment space to determine what trends will impact the for-sale housing market. Here are some of their findings: During the housing boom of the early to mid-2000s, roughly 1 in 5 renters leaving […]