{"id":71865,"date":"2021-01-21T06:00:54","date_gmt":"2021-01-21T14:00:54","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=71865"},"modified":"2021-01-20T10:34:11","modified_gmt":"2021-01-20T18:34:11","slug":"homeowner-tenure-2020","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/","title":{"rendered":"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record"},"content":{"rendered":"

People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases\u2014especially in senior-living facilities\u2014make moving less attractive for some Americans. But a handful of migration hotspots, including Charlotte, Tampa and Atlanta, are bucking the national trend.<\/h2>\n

A record 25.1% of U.S. homeowners in 2020 have lived in the same home for more than 20 years, up from 14.3% in 2010 and 8.6% in 2005, as rising home prices over the last two decades have made it more beneficial for Americans to stay put.<\/p>\n

In 2020, the typical homeowner had been in their home for 13 years, up from 8.7 years in 2010 and 6.4 years in 2005. That also marks a slight increase from 12.8 years in 2019.<\/p>\n

While scores of Americans are on the move because they\u2019re no longer tied to the office, many others are sitting tight. Some people have been reluctant to relocate because they don\u2019t want crowds of prospective buyers coming through their homes during the coronavirus pandemic, while others have been holding off due to surging prices and fierce competition, according to Redfin Chief Economist Daryl Fairweather<\/a>.<\/p>\n

\u201cAs home prices continue to climb, moving is becoming increasingly burdensome for Americans and their wallets. Prices surged 15%<\/a> last year, which means that many home sellers had to cut larger checks to their agents,\u201d Fairweather said. \u201cConsequently, a lot of families are opting to refinance their mortgages so they can benefit from record-low interest rates without putting their houses up for sale.\u201d<\/p>\n

Another reason people are staying in their homes longer is a shortage<\/a> of homes available for purchase. This past decade has been the slowest<\/a> for home construction since at least the 1960s, with just 6.8 million single-family homes built between 2010 and the end of 2019<\/span>\u2014about half as many as in the 2000s. This shortage of homes\u2014especially affordable ones\u2014 has created a cycle of homeowners staying in their existing homes instead of moving, which further exacerbates the supply crunch.<\/p>\n

Some local governments also have tax structures that disincentivize homeowners from moving. In California, property taxes begin<\/a> at 1% of the home\u2019s initial market value and can increase no more than 2% annually, until the next sale (by comparison, the median sale price in California has increased by an average of 4.8% annually since 2012). As a result, the longer a homeowner remains in their home, the lower their tax rate is relative to the home\u2019s market value. In Texas, homeowners who are 65 or older can defer<\/a> property taxes until they no longer own or occupy the property, leading some homeowners there to age in place<\/a>.<\/p>\n

Aging in place may continue to accelerate across the country as the coronavirus pandemic highlights the risks of dense senior-living communities. As of October, 22% of assisted-living facilities across 39 states had reported at least one case of Covid-19 among residents and staff members, according to a study<\/a> by the Centers for Disease Control and Prevention. Of those residents, the coronavirus death rate was 21%, compared with 3% among the general population.<\/p>\n

A recent Scotiabank survey<\/a> of people who are weighing moving a parent, grandparent or themselves into a senior-living facility found that 70% of respondents think they\u2019re more likely to get Covid-19 in a senior-living facility than at home. More than half (55%) of participants said the coronavirus played a role in their decision to move into a senior-living facility later than they originally planned. Scotiabank doesn\u2019t expect senior-housing occupancy to make a comeback until at least the middle of 2021.<\/p>\n

Popular migration destinations see homeowner tenure decline, bucking the national trend<\/h3>\n

A handful of places bucked the national trend\u201415 of the 42 most populous U.S. metropolitan areas experienced a decrease<\/i> in homeowner tenure in 2020. Many of these places, including Charlotte, NC<\/a> and Sacramento, CA<\/a>, are popular destinations for people relocating from crowded, costly cities during the pandemic.<\/p>\n

\"\"<\/p>\n

Charlotte<\/a> experienced the largest decline, with median tenure falling by 1.2 years\u2014to 9.3 years in 2020 from 10.5 years in 2019. It was followed by Orlando, FL<\/a> and Tampa, FL<\/a>, both of which saw median tenure decrease by 1.1 years, and Atlanta<\/a>, which experienced a 1-year decline. Sacramento<\/a> and West Palm Beach, FL<\/a> tied for fourth place, down 0.7 years. Four of these places\u2014Charlotte<\/a>, Tampa<\/a>, Atlanta<\/a> and Sacramento<\/a>\u2014repeatedly made the list<\/a> of the most popular destinations for people looking to move to a different metro area last year.<\/p>\n

In October and November, Tampa<\/a> saw a near-80% year-over-year increase in the number of people looking to relocate there. More than half<\/a> (56.4%) of all Tampa<\/a> home searches on Redfin.com during those two months were from users outside of the metro. The uptick in new residents is likely one factor driving down Tampa<\/a>\u2019s median homeowner tenure.<\/p>\n

\u201cA few years ago, people would come to Tampa<\/a> on vacation and tell you they want to buy a home here one day. In 2020, those people came running with their checkbooks and actually bought homes. With the pandemic, remote work and low mortgage rates, they realized that \u2018one day\u2019 means now,\u201d said local Redfin real estate agent Brian Walsh<\/a>. \u201cA lot of the buyers are young families who are tired of renting and want to put roots down. Many of them grew up here, moved to a big city to get their foot in the door professionally, and are now coming back to Tampa<\/a> because they\u2019re working from home and they want to be near the sun and ocean.\u201d<\/p>\n

Many homebuyers are coming to Tampa<\/a> from cities including New York<\/a>, Washington, D.C.<\/a>, Chicago<\/a> and Boston<\/a>, according to Redfin.com search data. Others already live in Tampa<\/a>, but are upsizing because they\u2019re spending so much time at home during the pandemic, Walsh said. And not every buyer is young. There\u2019s also been an increase in retirees moving to the area, he added.<\/p>\n

While a handful of metros saw a decline in homeowner tenure in 2020, most experienced an increase. The largest uptick was in St. Louis<\/a>, where tenure rose by 0.9 years from 2019 to 2020. It was followed by Boston<\/a>, up 0.8 years, and Chicago<\/a>, up 0.7 years.<\/p>\n

In Boston<\/a>, many families pass homes down to future generations instead of putting them up for sale, said local Redfin real estate agent James Gulden<\/a>. But competition and climbing prices are likely the bigger factors keeping people in their homes, he said.<\/p>\n

\u201cWith the price gains<\/a> since 2013 and the lack of homes for sale, many Bostonians have been renovating their houses instead of selling them and moving,\u201d Gulden said. \u201cThe market is so competitive that some people just don\u2019t want to wade in and deal with a bidding war.\u201d<\/p>\n

Summary of Homeowner Tenure By U.S. Metropolitan Area<\/h3>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Metro<\/b><\/th>Change in Median Homeowner Tenure, 2019 to 2020 (in years)<\/b><\/th>Median Homeowner Tenure, 2020 (in years)<\/b><\/th>Median Homeowner Tenure, 2019 (in years)<\/b><\/th>Median Homeowner Tenure, 2010 (in years)<\/b><\/th>Median Sale Price, 2020 (November)<\/b><\/th>\n<\/tr>\n<\/thead>\n
Charlotte, NC<\/a><\/td>-1.2<\/td>9.3<\/td>10.5<\/td>8.2<\/td>$302,747<\/td>\n<\/tr>\n
Orlando, FL<\/a><\/td>-1.1<\/td>9.7<\/td>10.9<\/td>8.0<\/td>$292,436<\/td>\n<\/tr>\n
Tampa, FL<\/a><\/td>-1.1<\/td>10.3<\/td>11.4<\/td>8.7<\/td>$274,494<\/td>\n<\/tr>\n
Atlanta, GA<\/a><\/td>-1.0<\/td>11.2<\/td>12.2<\/td>8.7<\/td>$288,566<\/td>\n<\/tr>\n
Sacramento, CA<\/a><\/td>-0.7<\/td>11.8<\/td>12.5<\/td>9.4<\/td>$476,676<\/td>\n<\/tr>\n
West Palm Beach, FL<\/a><\/td>-0.7<\/td>9.9<\/td>10.6<\/td>9.1<\/td>$328,450<\/td>\n<\/tr>\n
Minneapolis, MN<\/a><\/td>-0.6<\/td>11.6<\/td>12.2<\/td>8.7<\/td>$314,077<\/td>\n<\/tr>\n
Nashville, TN<\/a><\/td>-0.6<\/td>8.4<\/td>9.0<\/td>7.2<\/td>$335,517<\/td>\n<\/tr>\n
Riverside, CA<\/a><\/td>-0.5<\/td>12.4<\/td>12.9<\/td>8.8<\/td>$439,462<\/td>\n<\/tr>\n
Denver, CO<\/a><\/td>-0.5<\/td>8.6<\/td>9.2<\/td>8.7<\/td>$469,285<\/td>\n<\/tr>\n
Portland, OR<\/a><\/td>-0.3<\/td>11.3<\/td>11.6<\/td>8.4<\/td>$453,784<\/td>\n<\/tr>\n
Phoenix, AZ<\/a><\/td>-0.3<\/td>8.4<\/td>8.7<\/td>7.6<\/td>$335,860<\/td>\n<\/tr>\n
Warren, MI<\/a><\/td>-0.2<\/td>13.2<\/td>13.3<\/td>10.2<\/td>$245,112<\/td>\n<\/tr>\n
Milwaukee, WI<\/a><\/td>-0.1<\/td>12.0<\/td>12.1<\/td>7.9<\/td>$246,166<\/td>\n<\/tr>\n
Seattle, WA<\/a><\/td>-0.1<\/td>11.9<\/td>12.0<\/td>8.6<\/td>$634,433<\/td>\n<\/tr>\n
Jacksonville, FL<\/a><\/td>0.0<\/td>13.1<\/td>13.2<\/td>9.4<\/td>$269,574<\/td>\n<\/tr>\n
Fort Lauderdale, FL<\/a><\/td>0.0<\/td>13.3<\/td>13.3<\/td>9.1<\/td>$322,320<\/td>\n<\/tr>\n
Columbus, OH<\/a><\/td>0.1<\/td>13.2<\/td>13.1<\/td>9.6<\/td>$248,320<\/td>\n<\/tr>\n
Las Vegas, NV<\/a><\/td>0.1<\/td>7.8<\/td>7.8<\/td>7.1<\/td>$321,272<\/td>\n<\/tr>\n
San Diego, CA<\/a><\/td>0.1<\/td>14.3<\/td>14.2<\/td>10.6<\/td>$664,848<\/td>\n<\/tr>\n
Virginia Beach, VA<\/a><\/td>0.2<\/td>13.6<\/td>13.4<\/td>9.3<\/td>$271,435<\/td>\n<\/tr>\n
New Brunswick, NJ<\/a><\/td>0.2<\/td>14.3<\/td>14.1<\/td>10.3<\/td>$377,246<\/td>\n<\/tr>\n
Washington, D.C.<\/a><\/td>0.2<\/td>13.6<\/td>13.4<\/td>9.2<\/td>$461,145<\/td>\n<\/tr>\n
Cincinnati, OH<\/a><\/td>0.2<\/td>13.7<\/td>13.4<\/td>9.4<\/td>$222,062<\/td>\n<\/tr>\n
Cleveland, OH<\/a><\/td>0.3<\/td>16.3<\/td>15.9<\/td>12.0<\/td>$175,178<\/td>\n<\/tr>\n
Anaheim, CA<\/a><\/td>0.4<\/td>16.3<\/td>15.9<\/td>11.7<\/td>$797,811<\/td>\n<\/tr>\n
Pittsburgh, PA<\/a><\/td>0.4<\/td>15.3<\/td>15.0<\/td>11.5<\/td>$198,466<\/td>\n<\/tr>\n
San Francisco, CA<\/a><\/td>0.4<\/td>14.6<\/td>14.1<\/td>10.0<\/td>$1,416,824<\/td>\n<\/tr>\n
Newark, NJ<\/a><\/td>0.5<\/td>15.0<\/td>14.5<\/td>10.2<\/td>$440,100<\/td>\n<\/tr>\n
Montgomery County, PA<\/a><\/td>0.5<\/td>15.0<\/td>14.5<\/td>11.1<\/td>$364,104<\/td>\n<\/tr>\n
Nassau County, NY<\/a><\/td>0.5<\/td>15.8<\/td>15.3<\/td>11.2<\/td>$539,156<\/td>\n<\/tr>\n
Miami, FL<\/a><\/td>0.5<\/td>15.1<\/td>14.6<\/td>10.3<\/td>$357,197<\/td>\n<\/tr>\n
Baltimore, MD<\/a><\/td>0.5<\/td>14.8<\/td>14.2<\/td>10.1<\/td>$326,639<\/td>\n<\/tr>\n
New York, NY<\/a><\/td>0.5<\/td>14.8<\/td>14.3<\/td>10.2<\/td>$561,624<\/td>\n<\/tr>\n
Los Angeles, CA<\/a><\/td>0.6<\/td>17.3<\/td>16.8<\/td>12.2<\/td>$715,385<\/td>\n<\/tr>\n
Providence, RI<\/a><\/td>0.6<\/td>14.2<\/td>13.7<\/td>7.9<\/td>$330,619<\/td>\n<\/tr>\n
Philadelphia, PA<\/a><\/td>0.6<\/td>15.0<\/td>14.5<\/td>10.3<\/td>$249,883<\/td>\n<\/tr>\n
Oakland, CA<\/a><\/td>0.6<\/td>15.2<\/td>14.6<\/td>10.8<\/td>$844,732<\/td>\n<\/tr>\n
San Jose, CA<\/a><\/td>0.6<\/td>16.0<\/td>15.4<\/td>11.6<\/td>$1,225,217<\/td>\n<\/tr>\n
Chicago, IL<\/a><\/td>0.7<\/td>15.0<\/td>14.3<\/td>9.3<\/td>$279,874<\/td>\n<\/tr>\n
Boston, MA<\/a><\/td>0.8<\/td>18.4<\/td>17.6<\/td>9.3<\/td>$565,353<\/td>\n<\/tr>\n
St. Louis, MO<\/a><\/td>0.9<\/td>14.0<\/td>13.2<\/td>8.3<\/td>$214,167<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n
\n

Methodology<\/h3>\n

Home tenure for 2020 is defined as the number of years between the most recent sale date of a home and Nov. 1, 2020. Similarly, for 2010 and 2019 home-tenure figures, the reference periods are Nov. 1,\u00a0 2010 and Nov. 1, 2019, respectively.<\/p>\n

The median home tenure and the proportion of homeowners in their homes for over 20 years is based on home tenure for all homes present in historical county records of a metropolitan area.<\/p>\n","protected":false},"excerpt":{"rendered":"

People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases\u2014especially in senior-living facilities\u2014make moving less attractive for some Americans. But a handful of migration hotspots, including Charlotte, Tampa and Atlanta, are bucking the national trend. A record 25.1% of U.S. homeowners in 2020 have lived in the same home […]<\/p>\n","protected":false},"author":13346,"featured_media":71866,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[60,8],"tags":[9,20],"dashboard":[],"coauthors":[125],"class_list":["post-71865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coronavirus-housing-market-news","category-housing-market-news","tag-coronavirus","tag-housing-affordability"],"acf":[],"yoast_head":"\nA Record 25% of Homeowners Have Lived in Their Homes Over 20 Years<\/title>\n<meta name=\"description\" content=\"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record\" \/>\n<meta property=\"og:description\" content=\"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-21T14:00:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record\",\"datePublished\":\"2021-01-21T14:00:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/\"},\"wordCount\":1177,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/house-656713_1920.jpg\",\"keywords\":[\"Coronavirus\",\"Housing Affordability\"],\"articleSection\":[\"Coronavirus Housing Market News\",\"Housing Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/\",\"name\":\"A Record 25% of Homeowners Have Lived in Their Homes Over 20 Years\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/house-656713_1920.jpg\",\"datePublished\":\"2021-01-21T14:00:54+00:00\",\"description\":\"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/house-656713_1920.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/house-656713_1920.jpg\",\"width\":1800,\"height\":1200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homeowner-tenure-2020\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A Record 25% of Homeowners Have Lived in Their Homes Over 20 Years","description":"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/","og_locale":"en_US","og_type":"article","og_title":"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record","og_description":"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.","og_url":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2021-01-21T14:00:54+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg","type":"image\/jpeg"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record","datePublished":"2021-01-21T14:00:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/"},"wordCount":1177,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg","keywords":["Coronavirus","Housing Affordability"],"articleSection":["Coronavirus Housing Market News","Housing Market News"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/","url":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/","name":"A Record 25% of Homeowners Have Lived in Their Homes Over 20 Years","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg","datePublished":"2021-01-21T14:00:54+00:00","description":"People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases make moving less attractive.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/12\/house-656713_1920.jpg","width":1800,"height":1200},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/homeowner-tenure-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years\u2014The Highest Share on Record"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/71865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=71865"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/71865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/71866"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=71865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=71865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=71865"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=71865"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=71865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}