The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%. CLICK HERE TO VIEW REST OF ARTICLE
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker
As they say, Real Estate is local Darin and Mary Waldeck . Minot ND is near the MAFB and thus the median is much closer to 4 years BUT we live in rural ND and the average for many of the small towns around us would more likely be 15 years or even more. Born here, died here is something I read often in the obits.
Feb 28, 2017 12:59 PM
Rainer
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Darin and Mary Waldeck
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