Buying or Selling, You are helping your local Economy

Most people don’t even think about how they are helping their local economy.

Your decision doesn’t just impact your life and your family’s, it starts a ripple effect that has a positive impact on your entire community.

The National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes.

The data shows that if you buy an existing home, you’re giving the local economy a boost of just over $60,000. If you buy a new construction home, that number goes up to over $125,000.

It takes a lot of people to build, fix up, and sell homes. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), explains how the housing industry adds jobs to your local economy:

“. . . housing is a significant job creator. In fact, for every single-family home built, enough economic activity is generated to sustain three full-time jobs for a year . . .”

Behind every home sale is a network of people involved, included in this partial list are contractors, city officials, real estate agents, lawyers and specialists. Everyone has a job to do to help make sure your deal goes through.

When you buy or sell a home, you’re helping out your neighbors. So, your decision to move doesn’t just meet your needs; it supports their families, strengthens your town, and shapes the future of your community.

While walking through the front door of your next home, know your decision could have helped a local contractor keep their crew working or a small business thrive.

Moving isn’t just a new place to call home it’s an investment in your community. When you’re ready to make a move, let’s us know. You could make a difference for more people than you know.