Homeowners are staying in place twice as long as they did 20 years ago: Redfin
Housing Wire
FEBRUARY 15, 2024
While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 Nearly 40% of baby boomers have lived in their home for at least 20 years, and another 16% have lived in their home for 10-19 years,” the report reads. years last year, up from 6.5
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