Homeowners Are Staying Put for 12 Years Now, Nearly Double the Wait From 2005, and in Los Angeles That Number Has Climbed to a Full 20 Years
The typical American homeowner now stays in the same house for 12 years, nearly double the 6.5-year median from 2005, according to Redfin’s homeowner tenure research. In Los Angeles, that number climbs to a full 20 years, the longest of any major U.S. metro. In Louisville, Kentucky, it’s just 8.3 years. The gap between those … Read more