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Where homeowners stay put the longest? Seattle ranks #7

Photo by Kyler Boone on Unsplash

Lance Lambert | realtor.com

Should I stay or should I go? For many homeowners, that’s the question.

Conventional wisdom strongly dictates that homeowners should live in their place for at least five years if they want to walk away with a legit return on their investment—or sometimes the shirts on their backs. But in an era when even “honesty is the best policy” is a matter of debate, aphorisms aren’t what they used to be. In some parts of the U.S., homeowners seem afflicted with wanderlust—pulling up roots, moving early and often. But in others, they’re more apt to stay in their cherished homes for decades.

The realtor.com® data team identified the housing markets where folks are holding onto their residences the longest—and where they’re putting their properties back on the market in record time.

Seattle ranks #7 on the top “10 cities where homeowners stay put the longest”

  1. El Paso, TX
  2. Albuquerque, NM
  3. Oxnard, CA
  4. Greensboro, NC
  5. Philadelphia, PA
  6. Cleveland, OH
  7. Seattle, WA
  8. Baltimore, MD
  9. Rochester, NY
  10. Jacksonville, FL

Read the rest of the article by clicking here.

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