How much time does it take to buy a home?

May 17, 2019

It’s generally accepted that buying a home is a time-consuming business – but how much time is consumed, exactly? Canadian real estate website Zolo conducted a survey to find out how many hours on average buyers take in going through the whole process. That includes searching for homes online, driving around to go to open houses and research neighbourhoods, viewing homes in person, and spending time with real estate and financing professionals.

Spotlight

Slavens & Associates Real Estate Inc.

Slavens & Associates, one of Toronto’s leading boutique Brokerages, specializes in the sale of residential and commercial properties. Launched by Richard Sherman and Darren Slavens in 2007, Slavens & Associates is a full service Brokerage that remains a consistently strong force in Toronto’s real estate market. We at Slavens & Associates represent a diverse Local and International clientele who value our professionalism, personal engagement and our client services together with our commitment, impeccable ethics and market expertise. With offices in three of Toronto's finest neighborhoods Slavens & Associates is perfectly positioned to assist you. From the salespeople to the administrative staff, our 70+ real estate professionals are well educated, experienced and highly competent. As such, the highest standards are upheld throughout the organization, and all within the context of a team atmosphere fueled by cooperation and mutual respect.

Other Infographics
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Pending Home Sales Snapshot

Infographic | April 30, 2021

The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.

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Real Estate Infographic

Infographic | May 27, 2021

Demand for residential properties has surged due to increased urbanisation and rising household income. Under Union Budget 2021-22, tax deduction up to Rs. 1.5 lakh (US$ 2069.89) on interest on housing loan, and tax holiday for affordable housing projects have been extended until the end of fiscal 2021-22.

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History Proves Recession Doesn’t Equal a Housing Crisis

Infographic | June 3, 2022

It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008.

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How to Be a Competitive Buyer in Today’s Housing Market

Infographic | March 12, 2021

With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the home buying process. If you’re looking for an expert guide to help you navigate today’s lightning-fast housing market, connect with your local real estate professional today.

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Bright Days Are Ahead When You Move Up This Summer

Infographic | May 27, 2022

Warmer weather and longer days mean summer is almost here. Celebrate by upgrading to the home of your dreams so you can enjoy all the season has to offer. When you list your house, you can capitalize on today’s sellers’ market to fuel your upgrade. Then, you can move to a home with the features you want, like space to entertain or rooms for work and play.

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Homes Across the Country Are Selling Fast

Infographic | May 28, 2021

In today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea. Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days. If you’re looking to sell your house quickly and on the best possible terms, today’s market can’t be beat. Reach out to a local real estate professional to discuss how to secure a speedy, top-dollar sale for your house.

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Spotlight

Slavens & Associates Real Estate Inc.

Slavens & Associates, one of Toronto’s leading boutique Brokerages, specializes in the sale of residential and commercial properties. Launched by Richard Sherman and Darren Slavens in 2007, Slavens & Associates is a full service Brokerage that remains a consistently strong force in Toronto’s real estate market. We at Slavens & Associates represent a diverse Local and International clientele who value our professionalism, personal engagement and our client services together with our commitment, impeccable ethics and market expertise. With offices in three of Toronto's finest neighborhoods Slavens & Associates is perfectly positioned to assist you. From the salespeople to the administrative staff, our 70+ real estate professionals are well educated, experienced and highly competent. As such, the highest standards are upheld throughout the organization, and all within the context of a team atmosphere fueled by cooperation and mutual respect.

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