• Login
    • Register

Homes EmpoweredHomes Empowered

Empowering Homeowners with Trusted Real Estate Advice and Planning

(206) 730-3955
info@homesempowered.com

  • Menu
  • About Homes Empowered
    • Our Story
    • Our Team
    • Zillow Reviews
    • Contact
  • Buyers
    • Buyers Guide
    • Market Snapshot
    • Mortgage Calculator
    • Useful Resources & Research Links
  • Sellers
    • Sellers
    • What’s My Home Worth?
    • Market Snapshot
  • Keeping Current Matters Blog
  • Non-MLS Inventory

How Buying or Selling a Home Benefits the Economy and Your Community

How Buying or Selling a Home Benefits the Economy and Your Community | Simplifying The Market

If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too?

To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much economic activity a home sale generates. The chart below shows how the sale of both a newly built home and an existing home impact the economy:

How Buying or Selling a Home Benefits the Economy and Your Community | Simplifying The MarketAs the visual shows, a single home sale can have a significant effect on the overall economy. To dive a level deeper, NAR also provides a detailed look at how that varies state-by-state for newly built homes (see map below):

How Buying or Selling a Home Benefits the Economy and Your Community | Simplifying The MarketYou may be wondering: how can a single home sale have such a major effect on the economy?

For starters, there are multiple industries that play a role in the process. Numerous contractors, specialists, lawyers, town and city officials, and so many other professionals are all necessary at various stages during the transaction. Every individual you work with, like your trusted real estate advisor, has a team of professionals involved behind the scenes.

That means when you buy or sell a home, you’re leaving a lasting impression on the community at large. Let the knowledge that you’re contributing to those around you while also meeting your own needs help you feel even more empowered when you decide to make your move this year.

Bottom Line

Homebuyers and sellers are economic drivers in their community and beyond. Let’s connect so you have a trusted real estate advisor on your side if you’re ready to get started. It won’t just change your life; it’ll make a powerful impact on your entire community.

Content previously posted on Keeping Current Matters

Posted in: Blog

Post navigation

« Sellers Have an Opportunity with Today’s Home Prices
Why Summer Is a Great Time To Buy a Vacation Home »

Property Research

Family Watchdog
GreatSchools.org
Green Home Advisor
House Logic
LocalScape
Neighborhood Scout
Realtor.org

Full list of useful resources

Contact Us

(206) 730-3955

info@homesempowered.com

Listings Sitemap · Log in