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Real Estate Blog for Buyers & Sellers

If you are beginning the home-buying process, you may begin to wonder how long it will take until you find the perfect home for you and your family. The answer to that varies due to different factors. Check out these three factors on how many homes you will tour before buying:


The State of the Market


A buyer's market is when there are few houses for sale and the ones that are available, sell quickly. This creates a higher demand for houses as people scramble to buy what they can. If the location you are considering seems to be a buyer's market, you may be competing with multiple buyers for the same house. If you are hesitant with a house because you think a better one is out there, someone else may swoop in and sign a contract. This leaves you with fewer options and a long time trying to find a house. If you find yourself in this situation, you will probably need to move as quickly as possible if you want to secure a home.


Knowing What You Want


If you are specific about the type of house...

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Spring may be the most popular time of the year to buy a new home, but is it the best time of year to go home shopping? While the best time to browse real estate is when you need a new home, there are advantages to shopping in each season. As you prepare to buy a home, learn what to expect when home shopping in spring, summer, fall, and winter.


What to Expect When House Hunting in Spring 


As winter ends and weather starts to warm up, people emerge from their houses. The same flurry of activity holds true for house shopping. Suddenly, there are many more homes for sale on the market, and many more interested home shoppers. 


Sellers who took their listings off-market during the winter may renew listings now. Nice weather means homeowners can make improvements, so in the spring real estate market you're likely to see high-quality homes listed at market-rate prices. 


More inventory is offset by higher competition for premium homes and higher prices. Sellers are optimistic that...

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.