In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years.
Source: Inman News
We’re in a ‘homebody era,’ and that means a housing shortage for years to come
Published in Agent, baby boomers, Buyers Tools, Data, First American Financial Corporation, home supply, Homes, housing supply, Industry News, mark fleming, Markets & Economy, mortgage rates, Select, seniors, single family zoning and zoning
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