A significant share of U.S. homeowners are choosing to stay in their homes long-term, with 34% never planning to sell due to rising prices and mortgage rates.
Only 8% of owners plan to sell within three to five years, with older generations leading the trend of long-term homeownership; 43% of baby boomers intend to never sell.
People are selling their homes mainly due to necessity or major life changes, not for personal desires like wanting a bigger house.
With the high costs of purchasing new homes, many 'just-because' movers are opting to stay put, reflecting a broader trend in the current market.
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