The Importance of Schools in the Homebuying Process

• Half of Americans with children say that the quality of the school district is important when shopping for a home, compared with only about 10 percent of those without kids.
• More than one-quarter of homebuyers who have kids delayed a real estate purchase because of child-care expenses.
• Regardless of whether they have children, 87 percent of all homebuyers employed the services of a real estate professional.

Survey results released earlier this summer showed that nearly 80 percent of recent homebuyers sacrificed some amenities to purchase a property in their desired school district, and now another poll echoes the importance of education in the real estate decision-making process.


The National Association of Realtors’ 2018 Moving With Kids Report found that 50 percent of homebuyers with children under the age of 18 said that the quality of the school district was important when shopping for a home, compared with just 11 percent of those without kids. Similarly, 45 percent of families prioritized convenience to schools when purchasing a home, while only 6 percent of childless buyers did the same.


Perhaps because of school schedules, buyers with children showed more urgency than those without when selling their current home. More than one-quarter of families said that they were in a rush to unload their home, compared with 14 percent of homeowners without children. Read full article @elizabethGkilgore

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