Renters Are Staying Longer In Their Homes
More renters are staying in their homes longer than they did a decade ago, especially if they are baby boomers. Some 33.6% of U.S. renters have lived in the same home for at least five years, according to a new report from Redfin using 2023 data.
That statistic included the 17% of renters who had lived in the same property for five to nine years, compared to 14.4% in 2013, as well as the 16.6% who stayed put for 10 years or more, up from 13.9% a decade earlier.
Read more HERE.
Featured Listing
2340 NW Dogwood Ave., Redmond OR
3 bedroom / 2 bath
$490,000
State of Oregon Market Activity: 2024
Here are some statistics regarding the overall housing market and movement in our state.
Source: Redfin
Named One of the TOP 500 Agents in 2023
Jen Lundstrom is honored to by named one of the Top Producing Agents in 2023 by Real Producer Magazine
Happy New Year 2024!
Buying a Cabin in the Woods!
This year, I’ve helped multiple buyers search for homes outside of the city. It seems there is a trend towards “getting away” and towards a quieter life closer to nature. Here is one adorable house that I had the pleasure of working with this year. My clients looked for 9 months for the perfect mountain cabin… and thankfully, they finally found it! Perfectly positioned on Mt. Hood near the slopes:
Housing Inventory at ALL TIME LOWS
See full article HERE.