We're in a 'homebody era,' and that means a housing shortage for years to come

Homeowners are clinging to low mortgage rates and increasingly aging in place, which means fewer people are selling and moving, and fewer homes are hitting the market

In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years.