East Bay Area Real Estate

A recent article on SFGate.com writes, “There’s no question that home prices and test scores are linked,” said Linda Strean, managing editor at greatschools.net. And although the housing market has cooled, realtors and others say homes with excellent schools are still a hot commodity.

The article also suggests prospective home buyers using the scores to help gauge the quality of a school, should take caution - people should also take into account annual improvement, visit the school, talk to other parents and look at everything from the building’s physical condition to programs offered.

As Bay Area home values have increased over the years and people have spent a greater percentage of their income on mortgage payments, many theorize people just don’t have the option of sending their kids to private school if they don’t like their local public school. So paying a premium to buy near an excellent school isn’t something many consider lightly.

Read the full article at SFGate.com - Home Values: Parents are drawn to neighborhoods where local school has high state test score.