Home-Turf Tenure
From 2001 to 2008 the average tenure of a home seller was relatively short, with owners selling their homes after owning them for only six years. But by 2011, following the collapse of the real estate bubble, the number of years sellers had owned their homes increased by 50 percent to an average of nine years. So what would motivate someone to sell their home in such a dreadful market? Read on to discover the reasons owners sell, and how those reasons change as homeowners get older.