Americans are staying in their homes before selling up for twice as long as they did in 2005 - and baby boomers are to blame. The typical homeowner spends 11.5 years in their house today, up from 6.5 years two decades ago, according to a new report by Redfin.Researchers said the trend is being driven by older homeowners who are not 'financially incentivized' to move. A lack of homes on the market pushes up prices.
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