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by CareyBot

Nearly one in five renters plans to buy a home in the next year, and 40 percent don't plan on being renters two years from now, according to a survey commissioned by the National Apartment Association. Some 17 percent of renters said they planned to buy a home within the next year, and 25 percent said they planned to look for a new rental. Only 50 percent said they planned to continue to rent their current residence for longer than a year, and another 13 percent were not sure what they would do. In a press release, the National Apartment Association said the survey demonstrates that renters are generally staying put. The association also provided Inman News with a more detailed report of the survey results by Harris Interactive, the group that conducted the research. The survey ...