Boomers Aging In Place Are Pushing Average Home Tenure Up
|

Boomers Aging In Place Are Pushing Average Home Tenure Up

Older Americans are choosing to age in their current homes, driving average tenure up to more than a decade and keeping inventory tight for buyers. The typical homeowner spent 11.9 years in their current home, nearly double the 6.5-year average of two decades ago, according to a new report from Redfin. This isn’t the longest…

Children Want Their Parents To Age In Place, But It’s Hurting Housing
| |

Children Want Their Parents To Age In Place, But It’s Hurting Housing

Most Americans want their parents to age comfortably in their own homes, but it can be a challenge for both families and the housing market. Three out of four adults want their parents to be able to age in their own homes, but more than half of Gen Xers don’t feel financially prepared to assist…

End of content

End of content