What’s Keeping Homeowners from Moving?

May 22, 2017 Seth Welborn

According to a recent report, if American homeowners moved at the same rate they did in 1990, there would have been about 2.8 million more homes sold in 2016. This would solve the ongoing inventory problem, but the fact is Americans just aren’t moving, for a number of reasons. The report cites three possible reasons for a non-moving population: an aging population, pockets of high negative equity, and an increase in single-family rentals.

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