Moving With Kids
The information in this report comes from NAR's Profile of Home Buyers and Sellers, and is about the characteristics of families with children who are buying or selling a home.
- Fifty percent of buyers with children in the home under the age of 18 years said the quality of the school districts is an important factor when purchasing a home and 45 percent said convenience to schools.
- For buyers with children under the age of 18 years in the home, they purchased larger homes at 2,100 square feet in size with 4 bedrooms and 2 full bathrooms.
- For 27 percent of buyers with children, child care expenses delayed the home buying process.
- Compromises that were made by buyers with child care expenses include the size of the home, followed by price, distance from job, condition, and style of home.