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The Typical U.S. Homeowner Hangs Onto Their House for 12 Years. In Los Angeles, It’s 20 Years.
Rocket Companies, Inc. Class A (RKT)
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Source: Business Wire
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Redfin reports homeowner tenure peaked at 13.4 years in 2020, roughly doubling the average tenure from 2005. It then declined marginally for four years before ticking up
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