In the News:
Buyers are expected to stay in their homes even longer today than ever before. Between 1985 and 2007, the typical buyer could be expected to stay in their home 12 years. Data collected from the 2011 American Housing Survey (AHS) shows that home owner mobility has declined since 2007. Based on these mobility rates, the expected stay in a single family home should 16 years, but because of our recession and housing industry problems a more realistic estimate would be 13 – 14 years.