WASHINGTON (August 12, 2019) – The act of moving into a new home or selling a home can be a hectic period for both home buyers and sellers. So it is not surprising to learn that changing residences with children in tow adds another level of chaos to the process. That is according to a new report1 from the National Association of Realtors®, 2019 Moving With Kids, (https://www.nar.realtor/reports/moving-with-kids), which explores the various home buying habits and seller preferences of those who have children under the age of 18 years old2 living in the home.
The report found that those home buyers who still have children living in their homes were likely to be drawn to specific neighborhood characteristics. For example, 53% of buyers with children considered a neighborhood based on the quality of the school districts within that neighborhood. Fifty percent of buyers with children selected a neighborhood based on its convenience to schools.
Of those polled who had no children, only 10% chose a neighborhood because of the quality of its school district. Merely 6% of those buyers with no kids said “convenience to schools” factored into their choice when they selected their home and neighborhood.