The homeowners that say they will “never” sell

A recent Redfin survey reveals that 34% of homeowners say they’ll never sell their home, marking a significant trend in longer homeownership. The average tenure has nearly doubled from 6.5 years in 2005 to 12 years in 2023. Baby Boomers lead with 43% saying they’ll never sell, followed by Gen X at 34%, and Millennials/Gen Z at 28%. ### Reasons Homeowners Aren’t Selling: - **39%**: Mortgages are mostly or fully paid off. - **37%**: Enjoy their current home. - **30%**: High home prices. - **18%**: Favorable existing mortgage rates. ### Key Insight: Despite these attitudes, housing supply and active listings are rising, with inventory up **17.5% year-over-year** in late 2024. Real estate agents can still find opportunities, as circumstances and market conditions often shift. Contact **Abdo Pierre Faissal** for expert real estate advice in navigating these trends. 📞 310-620-1038 | ✉️ [email protected] facebook-letter-logo x-logo linkedin-logo pinterest-logo [Facebook](https://www.facebook.com/sharer.php?u=https%3A%2F%2Fapfreg.com%2Fthe-homeowners-that-say-they-will-never-sell%2F) [X](https://x.com/intent/post?url=https%3A%2F%2Fapfreg.com%2Fthe-homeowners-that-say-they-will-never-sell%2F&text=The+homeowners+that+say+they+will+%E2%80%9Cnever%E2%80%9D+sell) [Pinterest](https://pinterest.com/pin/create/link/?url=https%3A%2F%2Fapfreg.com%2Fthe-homeowners-that-say-they-will-never-sell%2F) [LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fapfreg.com%2Fthe-homeowners-that-say-they-will-never-sell%2F&title=The+homeowners+that+say+they+will+%E2%80%9Cnever%E2%80%9D+sell&summary=A+recent+Redfin+survey+reveals+that+34%25+of+homeowners+say+they%E2%80%99ll+never+sell+their+home%2C+marking+a+significant+trend+in+longer+homeownership.+The+average+tenure+has+nearly+doubled+from+6.5+years+in+2005+to+12+years+in+2023.+Baby+Boomers+lead+with+43%25+saying+they%E2%80%99ll+never+sell%2C+followed+by+Gen+X+at+34%25%2C+and+Millennials%2FGen+%5B%E2%80%A6%5D)