When it comes to purchasing a home, school districts and proximity of house to school are ruling the home search for parents.
75%
More than 75% of parents say their child’s education is an important part of the search for a new home.
When it comes to purchasing a home, school districts and proximity of a house to a school are ruling the home search for parents.
53%
Of those, 53% will buy a new home in a specific neighborhood to get their child into a better school.
25%
More than 25% of parents plan to move to a new home during school breaks.
Quality Matters
64% of parents say quality or ranking of schools is extremely important when purchasing a new home. 37% say the school’s extracurricular reputation is very important. 34% of parents believe close distance to the school is extremely important. 22% say the ability for their children to walk to school is very important.
Source: Bank of America 2016 Homebuyer Insights Report
courtesy of CALIFORNIA ASSOCIATION OF REALTORS® One Cool Thing