"We never want to have anyone move out, but we are also not naive to the fact that many renters are saving for their first home, in fact, 20 percent of our move outs are due to purchasing a home or condo," Gleason says.
Stated differently, only 45.5 percent of apartment renters with expiring leases chose to move out, according to an MPF Research analysis of actual lease transactions recorded in RealPage Inc.'s industry-leading apartment operations software.
Stated another way, only 45.5 percent of apartment residents with expiring leases chose to move out, according to MPF Research's analysis of actual lease transactions recorded in RealPage's apartment operations software.
Brokerage firms meet with start-up companies to establish short- and ling-term space needs, so companies are well informed before making the move out of the incubator.
"Given current horne prices and mortgage interest rates, there has never been a better time to move out of an apartment and buy a home, but we're not seeing our residents doing it.