homeownership tenure

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U.S. homeowners have never stayed put for this long

Jul 18, 2019By

American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. This stands in stark contrast to the years leading up to the recession, as tenure from 2001-2007 averaged just 4.21 years. Here’s why homeowners may be holding off on a move, and what it might mean for the market.

3d rendering of a row of luxury townhouses along a street

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