Morning Minute: Median tenure for homeowners to stay in their homes is nine years

Research from the National Association of REALTORS® (NAR) found that the median tenure (or length of time) that a homeowner stays in their home was nine years in 2015, a trend that has been fairly consistent in recent years. What is interesting to note, however, is that the median tenure has steadily risen since the mid-1980s. Read more from NAR in the blog post, “Tenure in Home Has Steadily Increased in Last 30 Years.”

In other headlines:

Immigrants becoming most important group for housing? – HousingWire

How to revise your strategy on a home that’s not selling – Inman News

Do You Know the Cost of Renting vs. Buying? (Infographic) – Keeping Current Matters

 

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