[quote=sdrealtor]What you are missing is that it is not just about finding the best schools for your kids. Equally as important is moving somewhere that the neighbors are likemided/care about the schools as much as you do and you find yourselves living among your peers. People want the best for their kids and themselves. The buyers willing and able to move into one of the trophy school districts find themselves hanging out with people more like them. That is what Scarlet was getting at in the other thread that seems to have slipped by you.[/quote]
I don’t know why I find myself actually responding to your repeated “trolling” endeavors on my behalf, but since you are using Pigg “Scarlett” as an example, parent-of-minor-children homebuyers, as with any other homebuyer, must be realistic about their resources and inventory within their their price ranges and locations within their commuting-time constraints. You actually know this at some level. The property/area that a parent-homebuyer WANTS for themselves and what they end up actually purchasing are often very different from their stated or “real” desires or a “perceived” lifestyle they have for themselves.
For instance, even an agent has no way of knowing how many children near the age of a buyer-clients’ children will be available on a particular street for a buyer-client’s children to get to know, unless he or she resides on that street or adjacent to it. Nor do they know if those children are actually residing in the home of their grandparents, with or without their parent(s) in residence, parents or other relatives.
A parent-homeowner could move onto a “promising block” with apparent young children in residence in supposedly “coveted” SR (“Phoenix” in your words, lol) and shortly after move-in, those families have lost their homes in foreclosure or moved away for other reasons. One can’t really buy property based upon a “perception” of who the neighbors are today and who they might be tomorrow. They’re not joining a country club. They’re purchasing a suitable residence for their family.
You heard Rhett say Scarlett didn’t know what she wanted and that’s why she was asking here. She stated she didn’t know enough about UC (2-3 mile commute for them). She stated she had been discounting it without considering it. Her “perception” was that UC was “too expensive.” Yet, she had been looking at comparably-priced properties in recent months that were >=16 mi away navigating 2-3 fwys. I’m not saying that Scarlett is “dumb,” far from it. But she is a “typical” parent-buyer. Without realizing it, this category of buyers has been known to purchase properties in inferior locations without truly considering what is actually on offer in an excellent location for them. It’s a pervasive buying mistake here and again, this preference seems to be generational. It did not exist before urban sprawl took a stronghold in this county.
You are presumably in the biz and know that location has everything to do with property value here, over and above age and size of dwelling/bldg and even “API scores.”
