When you're buying or selling a house, there's something important to consider that many overlook. Your choice doesn’t just affect you and your family; it creates a ripple effect that can positively influence the whole community.

Every year, the National Association of Realtors (NAR) releases a report that details the financial effects of buying and selling homes.

Buying an existing home contributes more than $60,000 to the local economy. If you opt for a newly built home, that impact increases to over $125,000.

The reason for that is the variety of workers involved in building, renovating, and selling homes. Robert Dietz, the Chief Economist at the National Association of Home Builders (NAHB), explains how the housing industry creates job opportunities within a community.

“. . . 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 . . .”
— Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB)

When you stop and think about it, it really adds up. Every home sale involves a whole network of people working together—contractors, city officials, real estate agents, lawyers, specialists, and many others. Each one has a role to play to ensure the deal goes smoothly.

When you buy or sell a home, you're actually doing a favor for your neighbors. Your choice to move isn’t just about your own needs; it also benefits their families, makes your town stronger, and influences the future of your community.

Picture stepping into the front door of your new home, with the satisfaction of knowing your choice helped support a local contractor's team or allowed a small business to flourish. Hold onto that feeling as you make your decision this year.

Bottom Line

Moving isn't just a big step in your life; it's also an investment in your community. If you're thinking about making a change, let's get in touch. Your decision can positively impact more people than you may realize.

What's your top priority as you get ready to buy or sell your home this year?