Why Renters Are Staying Put... #homeownership #buyers #realestate

Source:  CNBC

Fewer Americans own homes than ever before, and rising consumer confidence does not appear to be changing that.

The nation's home-ownership rate dropped to a record low in 2016 from a record high in 2004, and even as home sales improve first-time buyers are still missing out on much of the recovery.  Some renters are staying put by necessity and some by choice - it depends on who is asking them.

The number of renters who said they don't know when they expect to move rose to 37 percent in March compared to 30 percent in survey conducted last September, according to a survey by Freddie Mac.

Click the link for the full story:  http://www.cnbc.com/2017/04/12/renters-are-staying-put-heres-why.html

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