Expected Tenure in Home

Forty-three percent of recent buyers were unsure of how long they expected to own their home. The typical buyer estimated they would live in their home for 15 years, a large increase from the estimated 10 years recorded in the 2010 report. First-time home buyers estimated they would live in their house for 10 years before moving. By age, buyers aged 18 to 24 had the shortest time frame of 10 years, while buyers aged 45 to 64 had the longest time frame of 20 years.

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