Study: Buyers Stay in Homes Longer
Buying a HomeHome buyers are purchasing for keeps, planning to remain in their homes an average of 13 years before moving out, according to new research by the National Association of Home Builders. First-time home buyers are expected to stay in a home a shorter amount of time—11 and a half years—compared to about 15 years for home buyers who have owned a home previously. The length of stay for trade-up buyers has consistently been longer than first-time home buyers. “Since 2001, […]
