I enjoy working with home buyers. To take them from “I don’t know what the heck I’m doing” to handing over the keys to their new home is awesome. One of the most interesting questions that often I get is “How long does it actually take to buy a home?” Well, there isn’t an official time clock for home buying, but the following video entitled “How Long Does it take to Buy a Home in Los Altos” explains the process and steps that buyers can take to move the process along.
Keys to making the process more efficient:
FYI – July and August 2011, the average escrow period was 48 days. The prior three months, the average escrow period was 29 days.
Lastly, According to the National Association of Realtors 2010 Profile of Home Buyers and Sellers, the home buying process takes approximately 12 weeks.