Industry News

In a virtual learning world, how much do school districts matter to buyers?

Photo by Annie Spratt on Unsplash

HousingWire | Julia Falcon

Living in a good school district is one of the biggest factors for homebuyers, even if they’re empty nesters.

The National Association of Realtors found in its Profile of Home Buyers and Sellers in 2019 that 26% of all homebuyers said the quality of schools was important when finding a new home. And typically, a better school district equals higher resale value.

NAR also revealed that just over half of homebuyers with kids move based on school districts alone. Now, specific school districts as a driver of home-buying could be a thing of a past.

Read the rest of the piece: In a virtual learning world, do you still need to buy a house in a good school district?

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