The Average Homeowner Won’t Move For 12 Years Here’s Why | March 3, 2026

On today’s Hot Sheet, Byron Lazine broke down Realtor.com data showing the U.S. housing supply gap expanded to 4.03 million homes in 2025 as household formation outpaced new construction.

He also covered Redfin’s report that the typical homeowner now stays put for 12 years, signaling continued inventory friction.

For today’s third topic, Byron reviewed new research from the McKinsey Institute for Economic Mobility on the coming “Great Ownership Transfer,” with roughly six million small and midsize businesses expected to change hands by 2035.