There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.
Tag: Homeowner Tenure
Typical Homeowner Stays in House for 11.8 Years, Redfin Reports
Redfin, Seattle, released a new report finding that the typical U.S. homeowner stays in their home for 11.8 years.
Typical Home Changes Hands Every 12 Years, Down from 2020 Peak
Redfin, Seattle, reported the typical U.S. homeowner has spent 12.3 years in their home, down from the peak of 13.4 years hit in 2020 and 12.9 years in 2021.