This beautiful graphic from Doorsteps simply demonstrates what homebuyers are willing to compromise:
Not much has changed over the past couple years – homebuyers still refuse to compromise on schools, and remain willing to compromise on home price and size. I’ve had buyers choose to buy homes that are bigger than they wanted, smaller than they wanted – they’ve taken on more of a “project” house than they intended or even bought a home that was on a smaller or larger or inferior lot than they had wanted
But rarely, if ever have I had a client buy a home in a school district that was not on one of their top two desired school districts. (have I mentioned before that school quality matters?)
As a note, how you present information matters. Simple and beautiful wins.
As a second note, I’ve been trying to winnow down the number of RSS feeds I read; Doorsteps is the first feed I’ve added in a while.