Homeownership by Years Owned

Justin MillerMortgage Education 101

RealtyTrac recently came out with a breakdown of total owners by years owned and the biggest segment was 5-10 years at 30%.  These are important statistics to know so that you make sure you are put in the product that is going to be best for you:

  • 0-1 years – 6%
  • 1-5 years – 23%
  • 5-10 years – 30%
  • 10-15 years – 16%
  • 15-20 years – 10%
  • 20 + years – 15%

And I am sure you will start to see these statistics changing with the different age groups.