Moving, no matter your family situation, can be stressful. However, moving with children provides a whole new set of issues and stressors to take into consideration. In school districts across the country, kids are beginning to return to school, meaning that families that hope to move and be settled by the start of the fall semester are rushing to find homes in a low inventory market – a problem hitting families with children particularly hard. “Buyers with children have a slightly harder time finding the right property, likely because of their desire to purchase a home that best meets their family’s needs or is in their preferred school district; 53 percent of families with children cited finding the right property as the hardest step in the buying process compared to 50 percent of buyers without children,” said National Association of REALTORS® President Tom Salomone recently.
Review NAR’s report on moving with kids for information on the characteristics of families with children under the age of 18 who are buying and selling homes. Speak with a REALTOR® in your area about experiences he or she has had helping families move during the school year and if they have noticed any recent trends with these types of buyers.
Each month, NAR produces a few story ideas for the media, presenting timely topics accompanied with background information and facts related to the real estate market. These housing and real estate story ideas are designed to help media generate content for news stories, hopefully serving as a helpful resource to those in the media looking for stories or new angles.