Are You Moving...

By
Real Estate Agent with Keller Williams Realty - Topsfield, MA 92593-B

...And Do You Have Kids? 

Moving is not one of my favorite things BUT, if you have kids it adds another dynamic to the move. The 2019 Moving with Kids Report provides information on the dynamics of moving with kids. 

 

Top Priorities When Moving With Kids

Top Priorities When Moving with Kids

According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location, school district, and more.

Recently, the 2019 Moving with Kids Report from the National Association of Realtors®(NAR) studied “the different purchasing habits as well as seller preferences during the home buying and selling process.” This is what they found:

When Purchasing a Home

The major difference between the homebuyers who have children and those who do not is the importance of the neighborhood. In fact, 53% said the quality of the school district is an important factor when purchasing a home, and 50% select neighborhoods by the convenience to the schools.

Buyers with children also purchase larger, detached single-family homes with 4 bedrooms and 2 full bathrooms at approximately 2,110 square feet.

Furthermore, 26% noted how childcare expenses delayed the home-buying process and forced additional compromises: 31% in the size of the home, 24% in the price, and 18% in the distance from work.

When Selling a Home

Of those polled, 23% of buyers with children sold their home “very urgently,” and 46% indicated “somewhat urgently, within a reasonable time frame.” Selling with urgency can pressure sellers to accept offers that are not in their favor. Lawrence Yun, Chief Economist at NAR explains,

“When buying or selling a home, exercising patience is beneficial, but in some cases – such as facing an upcoming school year or the outgrowing of a home – sellers find themselves rushed and forced to accept a less than ideal offer.”

For sellers with children, 21% want a real estate professional to help them sell the home within a specific time frame, 20% at a competitive price, and 19% to market their home to potential buyers.

Bottom Line

Buying or selling a home can be driven by different priorities when you are also raising a family. If you’re a seller with children and looking to relocate, contact a local real estate professional to help you navigate the process in the most reasonable time frame for you and your family.

Posted by

I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2

 

Doug Dawes REALTOR®, AWREP, LMC

Broker Sales Associate

KELLER WILLIAMS REALTY - Topsfield/Newburyport

49 Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

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Rainmaker
1,944,692
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Doug Dawes - such a difference when you have children.  The schools make all the difference and you pass up well priced beautiful homes because they are in the wrong school district.

Aug 29, 2019 09:58 AM #1
Rainmaker
1,235,098
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

We've moved twice after having our boys.  Schools weighed heavily in our decision each time.  Beyond that, we just didn't want to uproot them from their friends.  We've never been sorry that we made the decisions that we did ...

Gene

Aug 29, 2019 10:25 AM #2
Rainmaker
776,800
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good Afternoon Grant Schneider 

Yes schools are an important factor in most parents minds and is a prime motivator  for decisions made

Aug 29, 2019 02:14 PM #3
Rainmaker
776,800
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good AFternoon Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi 

I am on the same page as you. Pam & I picked a community where our sons could grow and flourish until they moved on, on their own, and, like you we have never regretted that decision

Aug 29, 2019 02:16 PM #4
Rainmaker
4,107,212
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Doug, I am sure anyone with kids will benefit by your post!  Great tips.

Aug 29, 2019 03:35 PM #5
Rainmaker
776,800
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good Morning Joan Cox 

When Pam & I moved to Georgetown our 2nd son was 1-week old. It was November and chilly so we did a load of laundry and laid him on top of the freshly dried clothes and a warm blanket to cover him. Kids add an extra dynamic to everything. 

Aug 30, 2019 08:39 AM #6
Rainmaker
2,582,355
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is definitely a great report, moving with kids is a lot different than moving without them.

Aug 30, 2019 03:21 PM #7
Rainmaker
776,800
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Brian England 

It's been years since we moved but kids do add a dynamic to moving

Aug 31, 2019 11:36 AM #8
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Rainmaker
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Doug Dawes

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