Pitchrate | WHY IT PAYS TO PURCHASE IN A GOOD SCHOOL DISTRICT.

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WHY IT PAYS TO PURCHASE IN A GOOD SCHOOL DISTRICT.

Request:

Nationally Syndicated Real Estate Newspaper

Request Date:

09/05/2016 10:12am

Deadline (Eastern Time):

09/12/2016 01:00pm

Category of Expertise:

Real Estate/Mortgage
Hello. My name is Erik Martin and I am a reporter for a nationally syndicated real estate section published weekly in newspapers across the country (see current examples atgmnews.com/?s=%22by+erik+j.+martin%22). I’m looking to interview realtors/agents, mortgage/lending professionals, buyers/sellers, and other housing experts for the following article:
WHY IT PAYS TO PURCHASE IN A GOOD SCHOOL DISTRICT. A new ATTOM Data Solutions report shows that homes in ZIP codes with at least one good elementary school have higher values and stronger home price appreciation over the long-term that homes in ZIP codes without any good elementary schools; in fact, the average estimated home value was 77% higher in areas with at least one good school versus homes in areas without any good schools. Also, homeowners in ZIP codes with at least one good school have gained an average of $74,760 in value since purchase – equating to an ROI of 32% (details at: http://www.realtytrac.com/news/home-prices-and-sales/2016-schools-and-housing-report ). This story would delve into the study's findings and provide comments and tips from experts on why it's so important to look for a home in a good school district. Below is a list of questions I’m seeking answers to. I can either conduct a phone or email interview (with the latter, please email me back full-sentence written responses that I can use as quotes). My deadline is noon central,Monday, Sept. 12.

QUESTIONS:
1. How do you interpret the aforementioned ATTOM Data Solutions findings? What surprised you about this report when it comes to home values/appreciation in good school districts?
2. Why is it important to shop for a home in a good school district? What are the benefits?
3. What are the disadvantages—how much can being in a quality school district add to the price of the home? Why is this home still a worthy investment, despite a possible higher asking price?
4. How should home shoppers research school districts? What should they be looking for, who should they talk to, and what numbers should they crunch (e.g., standardized test scores, graduation rates, etc.)?
5. For those on a budget, does it pay to buy a cheaper fixer-upper in a more expensive quality school district than to buy a relatively cheap fancier home in a poor school district?
6. Any other thoughts, tips or suggestions on this topic?

7. What is your full name, title, company, city/state location, and email address?

Keywords

ZIP codes, home price, homeowners, good school district

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