[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1owq5g74ydirf":3,"$ffeh0925h8cuz":43,"$f2emv3tus0uf1":47,"$fbwk2pqjjqsc7":51},{"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},883,"how-long-do-most-families-stay-in-their-home-2","How Long Do Most Families Stay in Their Home? ","The \u003Cem>National Association of Realtors \u003C\u002Fem>(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, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, \u003Cstrong>since 2008, that average is almost nine years – an increase of almost 50%\u003C\u002Fstrong>.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F19134820\u002F20170807-Share-STM.jpg","The \u003Cem>National Association of Realtors \u003C\u002Fem>(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, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, \u003Cstrong>since 2008, that average is almost nine years – an increase of almost 50%\u003C\u002Fstrong>.\u003C!--more-->\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20170807-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-35937\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20170807-STM-ENG.jpg\" alt=\"How Long Do Most Families Stay in Their 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!\r\n\r\nThe fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property). Also, the uncertainty of the economy made some homeowners much more fiscally conservative about making a move.\r\n\r\nWith \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F06\u002F15\u002Fare-home-prices-approaching-bubble-territory\u002F\">home prices rising\u003C\u002Fa> dramatically over the last several years, 93.9% of homes with a mortgage are now in a positive equity situation with 78.8% of them having at least 20% equity, \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fabout-us\u002Fresearchtrends\u002Fhomeowner-equity-report.aspx#.WKSZ7PkrJhE\">according\u003C\u002Fa> to \u003Cem>CoreLogic\u003C\u002Fem>.\r\n\r\nWith 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\r\nOne other reason for the increase was brought to light by NAR in their \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Freports\u002Fhome-buyer-and-seller-generational-trends\">\u003Cem>2017 Home Buyer and Seller Generational Trends Report\u003C\u002Fem>\u003C\u002Fa>. According to the report,\r\n\u003Cblockquote>“\u003Cstrong>\u003Cem>Sellers 36 years and younger stayed in their home for six years\u003C\u002Fem>\u003C\u002Fstrong>…”\u003C\u002Fblockquote>\r\nThese homeowners who are either looking for more space to accommodate their growing families or for better school districts are more likely to move more often (\u003Cem>compared to 10 years for typical sellers in 2016\u003C\u002Fem>). The homeownership rate among young families, however, has still not caught up to previous generations, resulting in the jump we have seen in median tenure!\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 circumstance; They could be baby boomers living in an empty, four-bedroom colonial, or a millennial couple living in a one-bedroom condo planning to start a family.\r\n\r\nThese homeowners are ready to make a move, and since a lack of housing inventory is still a major challenge in the current housing market, this could be great news.","The \u003Cem>National Association of Realtors \u003C\u002Fem>(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, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, \u003Cstrong>since 2008, that average is almost nine years – an increase of almost 50%\u003C\u002Fstrong>.\u003C!--more-->\r\n\r\n\u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20170807-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-35937\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20170807-STM-ENG.jpg\" alt=\"How Long Do Most Families Stay in Their 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!\r\n\r\nThe fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property). Also, the uncertainty of the economy made some homeowners much more fiscally conservative about making a move.\r\n\r\nWith \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F06\u002F15\u002Fare-home-prices-approaching-bubble-territory\u002F\">home prices rising\u003C\u002Fa> dramatically over the last several years, 93.9% of homes with a mortgage are now in a positive equity situation with 78.8% of them having at least 20% equity, \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fabout-us\u002Fresearchtrends\u002Fhomeowner-equity-report.aspx#.WKSZ7PkrJhE\">according\u003C\u002Fa> to \u003Cem>CoreLogic\u003C\u002Fem>.\r\n\r\nWith 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\r\nOne other reason for the increase was brought to light by NAR in their \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Freports\u002Fhome-buyer-and-seller-generational-trends\">\u003Cem>2017 Home Buyer and Seller Generational Trends Report\u003C\u002Fem>\u003C\u002Fa>. According to the report,\r\n\u003Cblockquote>“\u003Cstrong>\u003Cem>Sellers 36 years and younger stayed in their home for six years\u003C\u002Fem>\u003C\u002Fstrong>…”\u003C\u002Fblockquote>\r\nThese homeowners who are either looking for more space to accommodate their growing families or for better school districts are more likely to move more often (\u003Cem>compared to 10 years for typical sellers in 2016\u003C\u002Fem>). The homeownership rate among young families, however, has still not caught up to previous generations, resulting in the jump we have seen in median tenure!\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 circumstance; They could be baby boomers living in an empty, four-bedroom colonial, or a millennial couple living in a one-bedroom condo planning to start a family.\r\n\r\nThese homeowners are ready to make a move, and since a lack of housing inventory is still a major challenge in the current housing market, this could be great news.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20170807-STM-ENG.jpg",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2017-08-07T10:00:54Z","2017-08-14T16:28:39Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},882,"20-tips-for-preparing-your-house-for-sale-infographic","20 Tips for Preparing Your House for Sale [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F17162328\u002F20170804-Share-STM.jpg","2017-08-04T10:00:02Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},884,"93-9-of-homes-in-the-us-have-positive-equity","93.9% Of Homes in The US Have Positive Equity ","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F07\u002F20125114\u002F20170808-Share-STM.jpg","2017-08-08T10:00:34Z",{"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",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[52,56,57,58,62,66,70,74,78,82,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155,159],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":59,"name":60,"slug":61},7,"Foreclosures","foreclosures",{"id":63,"name":64,"slug":65},8,"Infographics","infographics",{"id":67,"name":68,"slug":69},9,"Home Prices","home-prices",{"id":71,"name":72,"slug":73},11,"First-Time Buyers","first-time-buyers",{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":79,"name":80,"slug":81},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":100,"name":101,"slug":102},53,"Rent vs. Buy","rent-vs-buy",{"id":104,"name":105,"slug":106},80,"Time-sensitive","time-sensitive",{"id":108,"name":109,"slug":110},81,"Outdated","outdated",{"id":112,"name":113,"slug":114},147,"Internal","internal",{"id":116,"name":117,"slug":118},148,"Do Not Autopost","do-not-autopost",{"id":120,"name":121,"slug":122},320,"Inventory","inventory",{"id":124,"name":125,"slug":126},321,"Agent Value","agent-value",{"id":128,"name":129,"slug":130},322,"Affordability","affordability",{"id":132,"name":133,"slug":134},323,"Buying Tips","buying-tips",{"id":136,"name":137,"slug":138},324,"Downsize","downsize",{"id":140,"name":141,"slug":142},325,"Economy","economy",{"id":144,"name":145,"slug":146},326,"Equity","equity",{"id":148,"name":149,"slug":150},327,"Forecasts","forecasts",{"id":152,"name":153,"slug":154},328,"Selling Tips","selling-tips",{"id":156,"name":157,"slug":158},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":160,"name":161,"slug":162},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]