America’s Renters Are Moving Less Than Ever, With a Third Staying in the Same Home for at Least 5 Years
Redfin reports renters move most often in Denver, Austin and Salt Lake City. They stay put longest in New York, Los Angeles and Riverside. A third (33.6%) of U.S. renters have lived in the same home for at least five years, up from 28.4% a decade ago. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. While the majority of renters move within five years—including 25.6% moving
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