12-07-2017 22:05 via rismedia.com

Apartment-Hoppers: Stay Put and Save

Renters can save thousands of dollars by renewing a lease instead of moving to a new rental, according to a recently released analysis by Zillow—a golden opportunity to put savings toward a down payment on a home.
Researchers arrived at an average $3,946 in savings by assessing the most recent rent data from the U.S. Census Bureau. Their findings reveal that the market rate rent rose more than the rent for a tenant who remained in the same rental for five years or more: 5.6 percent versus
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