Housing Market

The Typical U.S. Home Changes Hands Every 12 Years, Down From 2020 Peak

Homeowner tenure is down slightly from the peak reached in 2020, but it has nearly doubled over the last couple decades, contributing to the lack of for-sale inventory.  Baby boomers are driving the general trend of longer homeowner tenure; more than one-third of homeowners 65 and older have held onto their home for at least […]
Monthly Market Update

Market Recovery Hampered by High Housing Costs, Low Supply in January

Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home sales rose 0.5% from a month earlier in January on a seasonally-adjusted basis. That compares with December’s revised month-over-month increase of 1.4%, which was the first gain in 14 months. […]
Scroll to Top