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Jessica Kljajic's Blog

By Jessica Kljajic, SFR, ASP | Agent in Schererville, IN

Avarage Buyer Expected to Stay in a HOme 13 Years - Real Estate Northwest Indiana


Latest Study Shows Average Buyer Expected to Stay in a Home 13 Years
A recent article published by NAHB shows that, based on a long-run calculation that averages mobility tendencies over a number of years, the typical buyer of a single-family home can be expected to stay in the home approximately 13 years before moving out. This work updates a previous article that used data from the American Housing Survey (funded by the Department of Housing and Urban Development and conducted in odd-numbered years by the Census Bureau) through 2007. The new study incorporates AHS data through 2011. The mobility tendencies observed in the 2011 data imply that the expected length of stay in an owner-occupied, single-family home would be about 16 years ...

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