Friday, March 16, 2012

Credit Sesame: Homeowners are staying in their homes longer

According to a study by Credit Sesame, a credit counseling firm, the average tenure of homeowners selling their homes has increased by 50 percent since the real estate market downturn began.  According to their report, the average tenure of a homeowner between 2001 and 2008 was just 6 years.  By 2011, that number had risen to 9 years.

Read the full report, including why people sell their homes, at by clicking here.

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