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How Long Do Most Families Stay in Their Home?

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How Long Do Most Families Stay in Their Home? | Simplifying The MarketThe National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.
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Where Are the Home Prices Heading in the Next 5 Years?

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Where Are the Home Prices Heading in the Next 5 Years? | Simplifying The MarketToday, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
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Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC]

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Highlights:

  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.
  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.
  • NAR’s Chief Economist, Lawrence Yun had this to say, 'Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home.'
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The Impact of Homeownership on Family Health

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The Impact of Homeownership on Family Health | Simplifying The MarketThe National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:
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