SAN JOSE, CA-Three out of five prospective home buyers say school boundaries will impact their home purchasing decision, according to a recent survey conducted by Realtor.com, operated by Move, Inc.

The firm recently announced the results of its Back to School survey that ran on realtor.com® from July 18-22 and analyzed how much impact school boundaries have on buyers looking to purchase a home within two years.

Key Survey Findings: A majority of home buyers who said school boundaries will have an impact are willing to pay 1% to 10% above budget to live within a specific school boundaries:

-- 23.59% would pay 1% to 5% above budget
-- 20.70% would pay 6% to 10% above budget
-- 8.98% would pay 11% to 20% above budget
-- 40.33% would not go above budget.

"Our survey demonstrates the large impact school boundaries have on those looking to purchase a home. In April, realtor.com launched its new mobile school search functionality which allows buyers to search for listings in specific school and district boundaries," said Barbara O'Connor, chief marketing officer at Move, Inc. "This data shows how compelling this new feature is to consumers and the impact it has on their home purchase experience. School search demonstrates realtor.com's commitment to innovation and expansion of features based on the needs of users and customers. We will also be launching a section on our realtor.com site focused on back to school tips which will provide more information to help those whose housing decisions are influenced by school boundaries."

With realtor.com's search-by-school functionality, users can hone their home search based on school or district boundaries and discover valuable information on schools and districts of interest. Users can filter listings by public schools, districts and private schools in just one tap. It is available in popular formats for iPhone, iPad or Android.
Operated by Move, Inc., realtor.com helps connect people with the content, tools and expertise they need to find a home. As the official website of the National Association of REALTORS, realtor.com empowers consumers to make the smartest decisions when it comes to finding a home.
Move, Inc., the leader in online real estate, operates: realtor.com, the official website of the National Association of REALTORS; Move.com, a leading destination for new homes and rental listings, moving, home and garden, and home finance; ListHub(TM), the leading syndicator of real estate listings; Moving.com; SeniorHousingNet; SocialBios; Doorsteps, TigerLead; and TOP PRODUCER Systems. Move, Inc. is based in San Jose.

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Survey Finds School Boundaries Make a Big Impact on Home Buying Decisions

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