- The typical home seller has owned their home for nine years.
- The median tenure in home has progressively increased over the last several years from a low of 6 years in 2007.
- Sellers of detached single-family homes, which account for the largest share of homes sold, owned their home for a median of 10 years.
- Younger sellers tend to have the shortest tenure in the home – those aged 18 to 34 sold their home within six years, compared to those aged 65 to 74 who sold their home after a tenure of 14 years.
- Sellers with no children in the home had a tenure in home of 11 years versus 7 years for those sellers that had children under 18 years old in the home.
- For more on the 2011 NAR Profile of Home Buyers and Sellers, click here.
This post was last modified on %s = human-readable time difference 6:03 am
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
This website uses cookies.
