Redfin Data Shows U.S. Homeowners Stay Put for 12 Years

Reuters

Mar 03

Redfin Data Shows U.S. Homeowners Stay Put for 12 Years

Rocket Companies Inc. said a Redfin report found the typical U.S. homeowner now stays in a home for 12 years, up from 11.8 years in 2024, as high housing costs and elevated mortgage rates slow sales and keep owners in place. The analysis shows especially long tenures in California, led by Los Angeles at 20 years, with tax rules such as Proposition 13 cited as a key factor limiting turnover and constraining inventory for first-time buyers. The report also notes shorter tenures in more affordable or high-turnover metros including Louisville, Las Vegas, Charlotte, Orlando and Raleigh.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260303313454) on March 03, 2026, and is solely responsible for the information contained therein.

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Rocket Companies Inc. published the original content used to generate this news brief via Business Wire  on M","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RKT":"Rocket Companies","BK4229":"商业和住宅抵押贷款融资","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","RKTL":"Defiance Daily Target 2X Long RKT ETF","BK4547":"WSB热门概念","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"Redfin数据显示美国房主12年来一直保持原状","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RKT":0.9,"RKTL":0.6},"content_text":"Redfin Data Shows U.S. Homeowners Stay Put for 12 Years\n    \n\nRocket Companies Inc. said a Redfin report found the typical U.S. homeowner now stays in a home for 12 years, up from 11.8 years in 2024, as high housing costs and elevated mortgage rates slow sales and keep owners in place. 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