Typical Homeowner Stays In Home For 12 Years, Up From 6.5 Years In 2006 (Average Effective Mortgage Life Is Only 5-7 Years)

#bubble, #inflation, Banking, CMBS, CRE, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, GSE, Oil, Pension, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages 1 Minute

People are staying in their homes longer now than in 2006. 12 years now versus 6.5 years in 2006.

The average effective mortgage life is 5-7 years,

12 years in the same home makes housing policy more difficult to implement.

Unknown's avatar

Published by confoundedinterest17

Published

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.