SDcellar,
I think it was an interesting experiment. The last 5 years were an abberation with lots of people jumping around because of their equity gains and all the excitment. As the market settles down, I think we’ll see people getting back to laying down roots. Now more than ever I believe people stay longer than the 5 to 7 years that gets thrown around.
Lets try it again anywhere. Pick a decent street in any ZIP that people would want to live on and lets see what we find. By decent street, I mean no power lines overhead, houses not backing to a major street etc.
BTW, I provided previous owner data for short timers because there is no way of knowing how long they will stay or weather their bags are already packed for that matter. The interesting thing is that the clock is still ticking and the 10 to 13 year averages on those streets could easily be 15 to 20 years soon. Also, I never siad 20 years was common as I really didnt expect it to be as common as I found. I said some people get to stay 20+ years w/ fixed housing costs which was in reference to my own personal plans. You referneced a 5 to 7 year average which I think we are on our way to debunking.
