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Study: Today's buyer plan to live in homes an average of 20 years

from San Jose Mercury News

In another sign the housing market continues to heal, people who lost a home in the Great Recession are looking to buy again and both younger wage earners who are forming households and other buyers say they plan to live in their homes longer than in previous years, according to an annual survey released recently. The results of the California Association of Realtors "2015 Survey of California Home Buyers" generally reflect a shift toward buying patterns more common before the market meltdown during the middle of the last decade. more

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