When buying a home, a Knoxville home search can be a different experience for each buyer depending on various factors, however there are many similarities. Whether you are just starting your Knoxville home search, in the middle of one, or just closing on your dream home, take a look below and see how you compare to the averages. The following data regarding the home search process was compiled in the recently released 2013 Profile of Home Buyers and Sellers completed by the National Association of REALTORS.
- 42% of home buyers said their first step in the home-buying process was looking online for properties.
- 14% of home buyers first looked online for information about the home buying process.
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92% of home buyers used the Internet in their home search process.
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87% of buyers who used an agent while searching for a home, found them to be a useful source of information.
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The typical home buyer searched for 12 weeks and viewed 10 homes.
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For more than half of buyers, finding the right home was the most difficult step in the home buying process.
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Approximately nine in 10 recent buyers were at least somewhat satisfied with the home buying process.
How do you stack up to these numbers when you look at your Knoxville home search experience? Comment below and let us know! Also let us know if you can think of any ways to improve the experience. Thanks!