{"id":285,"date":"2018-08-16T01:18:04","date_gmt":"2018-08-16T01:18:04","guid":{"rendered":"http:\/\/renwre.info\/2018\/08\/16\/homebuyers-willing-to-sacrifice-must-haves-in-favor-of-good-school-districts\/"},"modified":"2018-08-16T01:18:04","modified_gmt":"2018-08-16T01:18:04","slug":"homebuyers-willing-to-sacrifice-must-haves-in-favor-of-good-school-districts","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=285","title":{"rendered":"Homebuyers Willing to Sacrifice \u2018Must-Haves\u2019 in Favor of Good School Districts"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" loading=\"lazy\" width=\"648\" height=\"354\" src=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13143859\/20180815-Share-STM.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Homebuyers Willing to Sacrifice \u2018Must-Haves\u2019 in Favor of Good School Districts | Simplifying The Market\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" srcset=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13143859\/20180815-Share-STM.jpg 750w, http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13143859\/20180815-Share-STM-549x300.jpg 549w\" sizes=\"(max-width: 648px) 100vw, 648px\"><\/p>\n<p>It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a <a href=\"https:\/\/www.realtor.com\/research\/home-buyers-forego-garages-for-school-districts\/\">report<\/a> from <em>Realtor.com<\/em>, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries.<span id=\"more-37964\"><\/span><\/p>\n<p>What is surprising, however, is that 78% of recent homebuyers sacrificed features from their <em>\u201cmust-have\u201d<\/em> lists in order to find homes within their dream school districts.<\/p>\n<p>The top feature sacrificed was a garage at 19%, followed closely by a large backyard, an updated kitchen, the desired number of bedrooms, and an outdoor living area. The full results are shown in the graph below.<\/p>\n<p><a href=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13145218\/20180815-STM-ENG.jpeg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-37966\" src=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13145218\/20180815-STM-ENG.jpeg\" alt=\"Homebuyers Willing to Sacrifice \u2018Must-Haves\u2019 in Favor of Good School Districts | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13145218\/20180815-STM-ENG.jpeg 2000w, http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13145218\/20180815-STM-ENG-400x300.jpeg 400w, http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/08\/13145218\/20180815-STM-ENG-1024x768.jpeg 1024w\" sizes=\"(max-width: 650px) 100vw, 650px\"><\/a><\/p>\n<p>Buyers are attracted to schools with high test scores, accelerated academic programs, art and music programs, diversity, and before and after-school programs.<\/p>\n<p>With a limited number of homes available to buy in today\u2019s real estate market, competition is fierce for homes in good school districts. Danielle Hale,<em> Chief Economist <\/em>for<em> Realtor.com, <\/em>explained further,<\/p>\n<blockquote>\n<p><em>\u201cMost buyers understand that they may not be able to find a home that covers every single item on their wish list, but our survey shows that school districts are an area where many buyers aren\u2019t willing to compromise.<\/em><\/p>\n<p><strong><em>For many buyers and not just buyers with children, \u2018location, location, location,\u2019 means \u2018schools, schools, schools.\u2019\u201d <\/em><\/strong><em>(emphasis added)<\/em><\/p>\n<\/blockquote>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>For buyers across the country, the quality of their children\u2019s (or future children\u2019s) education ranks highest on their must-have lists. Before you start the search for your next home, let\u2019s get together to discuss the market conditions in our area.<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search <a class=\"more-link\" href=\"http:\/\/renwre.info\/?p=285\">Continue reading <span class=\"screen-reader-text\">  Homebuyers Willing to Sacrifice \u2018Must-Haves\u2019 in Favor of Good School Districts<\/span><span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/285"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=285"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/285\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=285"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}