[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1esmatk34oh2t":3,"$ffeh0925h8cuz":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},682,"how-long-do-families-stay-in-a-home","How Long Do Families Stay in a Home?","The \u003Cem>National Association of Realtors (NAR)\u003C\u002Fem> keeps historic 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. ","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F01161013\u002F20161102-Share-STM.jpg","The \u003Cem>National Association of Realtors (NAR)\u003C\u002Fem> keeps historic 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. \u003C!--more-->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%.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F20161102-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34482\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F20161102-STM-ENG.jpg\" alt=\"How Long Do Families Stay in a Home? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Why the dramatic increase?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThe reasons for this change are plentiful. The top two reasons are:\r\n\u003Col>\r\n \t\u003Cli>The fall in home prices during the housing crisis left many homeowners in a negative equity situation \u003Cem>(where their home was worth less than the mortgage on the property).\u003C\u002Fem>\u003C\u002Fli>\r\n \t\u003Cli>The uncertainty of the economy made some homeowners much more fiscally conservative about making a move.\u003C\u002Fli>\r\n\u003C\u002Fol>\r\nHowever, with home prices rising dramatically over the last several years, over 90% of homes with a mortgage are now in a positive equity situation with 70% of them having at least 20% equity.\r\n\r\nAnd, with the economy coming back and wages starting to increase, many homeowners are in a much better financial situation than they were just a few short years ago.\r\n\u003Ch4>\u003Cstrong>What does this mean for housing?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nMany believe that a large portion of homeowners are not in a house that is best for their current family circumstances. They could be baby boomers living in an empty, four-bedroom colonial, or a millennial couple planning to start a family that currently lives in a one-bedroom condo.\r\n\r\nThese homeowners are ready to make a move. Since the lack of housing inventory is a major challenge in the current housing market, this could be great news.","The \u003Cem>National Association of Realtors (NAR)\u003C\u002Fem> keeps historic 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. \u003C!--more-->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%.\r\n\r\n\u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F20161102-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34482\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F20161102-STM-ENG.jpg\" alt=\"How Long Do Families Stay in a Home? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Why the dramatic increase?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThe reasons for this change are plentiful. The top two reasons are:\r\n\u003Col>\r\n \t\u003Cli>The fall in home prices during the housing crisis left many homeowners in a negative equity situation \u003Cem>(where their home was worth less than the mortgage on the property).\u003C\u002Fem>\u003C\u002Fli>\r\n \t\u003Cli>The uncertainty of the economy made some homeowners much more fiscally conservative about making a move.\u003C\u002Fli>\r\n\u003C\u002Fol>\r\nHowever, with home prices rising dramatically over the last several years, over 90% of homes with a mortgage are now in a positive equity situation with 70% of them having at least 20% equity.\r\n\r\nAnd, with the economy coming back and wages starting to increase, many homeowners are in a much better financial situation than they were just a few short years ago.\r\n\u003Ch4>\u003Cstrong>What does this mean for housing?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nMany believe that a large portion of homeowners are not in a house that is best for their current family circumstances. They could be baby boomers living in an empty, four-bedroom colonial, or a millennial couple planning to start a family that currently lives in a one-bedroom condo.\r\n\r\nThese homeowners are ready to make a move. Since the lack of housing inventory is a major challenge in the current housing market, this could be great news.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F20161102-STM-ENG.jpg",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2016-11-02T10:00:48Z","2016-11-01T14:21:42Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},681,"buying-a-home-4-demands-to-make-on-your-real-estate-agent","Buying a Home? 4 Demands to Make on Your Real Estate Agent","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161014\u002F20161101-Share-STM.jpg","2016-11-01T10:00:00Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},683,"think-all-millennials-live-in-their-parents-basement-think-again","Think All Millennials Live in Their Parent's Basement? Think Again!","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F11\u002F01161011\u002F20161103-Share-STM.jpg","2016-11-03T10:00:45Z",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[48,52,53,57,61,65,69,70,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},6,"For Sellers","sellers",{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":80,"name":81,"slug":82},41,"For Sale by Owner","for-sale-by-owner",{"id":84,"name":85,"slug":86},42,"Featured","featured",{"id":88,"name":89,"slug":90},45,"New Construction","new-construction",{"id":92,"name":93,"slug":94},52,"Luxury \u002F Vacation","luxury--vacation",{"id":96,"name":97,"slug":98},53,"Rent vs. Buy","rent-vs-buy",{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]