U.S. homeowners have never stayed put for this long

American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. This stands in stark contrast to the years leading up to the recession, as tenure from 2001-2007 averaged just 4.21 years. Here’s why homeowners may be holding off on a move, and what it might mean for the market.