[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f34se0t7bvn90v":3,"$f2emv3tus0uf1":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"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":25,"updatedAt":26},1125,"how-long-do-most-families-live-in-a-house","How Long Do Most Families Live in a House?","The \u003Cem>National Association of Realtors\u003C\u002Fem> (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.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F25152352\u002F20180710-Share-STM.jpg","The \u003Cem>National Association of Realtors\u003C\u002Fem> (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.\u003C!--more-->\r\n\r\nAs the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six years. \u003Cstrong>However, since 2014, that average is almost ten years – an increase of almost 50%.\u003C\u002Fstrong>\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F20180710-STM-ENG.jpeg\">\u003Cimg class=\"alignnone wp-image-37739\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F20180710-STM-ENG.jpeg\" alt=\"How Long Do Most Families Live in a House? | 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\u002F2018\u002F03\u002F08\u002Fa-new-housing-bubble-formingnot-before-2024\u002F\">home prices rising\u003C\u002Fa> dramatically over the last several years, \u003Cstrong>95.3% of homes with a mortgage are now in a positive equity situation\u003C\u002Fstrong>, \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 \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2018-home-buyers-and-sellers-generational-trends-03-14-2018.pdf\">2018 Home Buyer and Seller Generational Trends Report\u003C\u002Fa>. \u003C\u002Fem>According to the report,\r\n\u003Cblockquote>\u003Cem>“Sellers 37 years and younger stayed in their home for six years…”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThese homeowners, who are either looking for more space to accommodate their growing families or for better school districts to do the same, are likely to move more often \u003Cem>(compared to typical sellers who stayed in their homes for 10 years). \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 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.\u003C!--more-->\r\n\r\nAs the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six years. \u003Cstrong>However, since 2014, that average is almost ten years – an increase of almost 50%.\u003C\u002Fstrong>\r\n\r\n\u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F20180710-STM-ENG.jpeg\">\u003Cimg class=\"alignnone wp-image-37739\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F20180710-STM-ENG.jpeg\" alt=\"How Long Do Most Families Live in a House? | 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\u002F2018\u002F03\u002F08\u002Fa-new-housing-bubble-formingnot-before-2024\u002F\">home prices rising\u003C\u002Fa> dramatically over the last several years, \u003Cstrong>95.3% of homes with a mortgage are now in a positive equity situation\u003C\u002Fstrong>, \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 \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2018-home-buyers-and-sellers-generational-trends-03-14-2018.pdf\">2018 Home Buyer and Seller Generational Trends Report\u003C\u002Fa>. \u003C\u002Fem>According to the report,\r\n\u003Cblockquote>\u003Cem>“Sellers 37 years and younger stayed in their home for six years…”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThese homeowners, who are either looking for more space to accommodate their growing families or for better school districts to do the same, are likely to move more often \u003Cem>(compared to typical sellers who stayed in their homes for 10 years). \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\u002F2018\u002F06\u002F20180710-STM-ENG.jpeg",false,[17,21],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up","2018-07-10T10:00:22Z","2018-06-25T19:47:35Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},1124,"the-1-reason-to-list-your-house-for-sale-now","The #1 Reason to List Your House for Sale NOW!","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F25150445\u002F20180709-Share-STM.jpg","2018-07-09T10:00:14Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},1126,"rising-interest-rates-have-not-dampened-demand","Rising Interest Rates Have Not Dampened Demand","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F07\u002F06163659\u002F20180711-Share-STM.jpg","2018-07-11T10:00:18Z",{"cover":40,"open":41,"shareSpread":42},"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",[44,48,52,53,57,61,65,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":49,"name":50,"slug":51},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":22,"name":23,"slug":24},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]