People Are Staying In Their Homes Long While I Am Staying On Vacation Longer

My wife and I are in San Francisco this week enjoying a little R&R (despite doing some work on occasion) so my readers get some time off too. However, there are some great reads in the links at the bottom of the page!

I remember when 7 years was the default assumption of the length of stay in a home. Now it is 13:
People Are Staying in Their Homes Longer—a Big Reason for Slower Sales:
Homeowners nationwide are staying put an average of five years longer than they did in 2010, a new analysis shows [WSJ].

Click on the photo below if you can handle vertigo.

But I digress…


(For earlier appraisal industry commentary, visit my old clunky REIC site.)

Out looking for that perfect comp while on vacation.

OFT (One Final Thought)

Not suitable for office use (strong language).

Brilliant Idea #1

If you need something rock solid in your life (particularly on Friday afternoons) and someone forwarded this to you, or you think you already subscribed, sign up here for these weekly Housing Notes. And be sure to share with a friend or colleague if you enjoy them because:

– They’ll stay longer;
– You’ll stay longer;
– And I’ll go on vacation.

Brilliant Idea #2

You’re obviously full of insights and ideas as a reader of Housing Notes. I appreciate every email I receive and it helps me craft the next week’s Housing Note.

See you next week.

Jonathan J. Miller, CRP, CRE, Member of RAC
Miller Samuel Inc.
Real Estate Appraisers & Consultants
Matrix Blog

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