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Sluggish Housing Market Due to Homeowners Staying Longer in Their Homes

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    Home prices continue to rise while housing inventories are at a 37-year low because homeowners are staying in their homes five years longer than they did just nine years ago, according to a study by Redfin. Even super-low mortgage interest rates and a sizzling job market haven’t been able to ignite the housing sector

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.