Homeowners Are Holding Onto Homes Longer: Coastal States Trends
Thursday, 5 February 2026, 14:02
Homeowners Holding On: A Coastal States Perspective
Homeowners are currently holding onto homes longer, especially in coastal states. The latest data reveals that sellers, on average, owned their homes for 8.55 years last quarter, marking the longest span since 2000.
Factors Influencing Longer Homeownership
- Increased Housing Prices: Rising prices discourage sellers from moving.
- Low Interest Rates: Many homeowners prefer to maintain their low mortgage rates.
- Market Uncertainty: Economic fluctuations lead to hesitation in selling.
Implications for the Housing Market
This trend of longer homeownership can significantly affect the housing market, as it constrains inventory levels and may drive prices higher due to limited supply.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.