It takes six months and 24 days on average to buy a home, research finds

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'It takes six months and 24 days on average to buy a home'

IT'S official – it takes six months and 24 days to buy a home, according to research.

It also emerged the average homebuyer will view their future home three times before making an offer, taking three friends or family members with them to help make the decision. “Even viewing a home can be irritating – having to fit in with the owner’s timing and requirements, not being close enough to view a property as often as you’d wish, and then wanting to revisit when a decision has been made.”

But while 28 per cent of respondents had no expectations of how long every step would take, almost one third said when they did buy a house, it took longer than they thought it would. But due to timings, 14 per cent of buyers admitted they had to compromise on their ideal home when choosing a property.Luckily, when they finally moved in, almost half found their new home exactly as they expected it to be.

 

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