The home search process can be exciting and extensive as buyers take steps toward investing in their futures. The length of time it takes to find that special home varies from buyer to buyer, but on average the search takes about 12 weeks, according to the National Association of REALTOR® 2011 Profile of Home Buyers and Sellers.
When beginning the home search, buyers tend to use the Internet to browse preferred homes and neighborhoods. Forty percent of buyers found the home they ultimately purchased on the Internet. This is quite a change over the past 10 years. In 2001 that number was only 8 percent. Nine out of 10 buyers who used the Internet to search then used a real estate agent to complete their purchase.
Finding the right fit… For 51 percent of buyers the most difficult step was finding the right home to purchase. Talk to a REALTOR® about the home search process. What common issues do buyers encounter when starting out? How does the REALTOR® help them navigate the process?