70% of People Who Inherit a House Will Sell It
In a recent survey from Charles Schwab, it was determined that 75% of parents who own a house will pass it down to their children. It was also determined that 70% of those children will likely sell the inherited home. Is this a large future source of inventory for the housing market?
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Articles Mentioned in the Video
https://www.floridarealtors.org/news-media/news-articles/2023/06/gov-signs-3-property-insurance-bills-law
https://www.floridarealtors.org/news-media/news-articles/2023/05/over-500k-fla-renters-lie-about-having-pet
https://apple.news/AwOqABuVPQE-2YBwuFLKesA
https://apple.news/AmpRYJE4ZSraTzTE581-4vQ
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