What does it cost? Has Your House Raised in Worth?Very First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, PricingResidence worths have actually increased
How Long Do Most Families Live In A House
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving.
As the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2014, that average is almost ten years – an increase of almost 50%.
Why the dramatic increase?
“Sellers 37 years and younger stayed in their home for six years…”
What does this mean for housing?
With my expertise in realty for both buying or selling a home in San Antonio, and surrounding areas. You have found the right resource for your real estate needs. Whether you are looking for a new hom....
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