If you’re thinking of buying or selling a house, it’s important to know it doesn’t just impact you – it helps out the local economy and your community, too.
Every year, the National Association of Realtors puts out a report that breaks down the financial impact that comes from people buying and selling homes.
When a house is sold, it really boosts the local economy. That’s because of all the people needed to build, fix up, and sell homes. It makes sense that housing creates a lot of jobs because so many different kinds of work are involved in the industry.
Think about all the people involved with selling a house – city officials, contractors, lawyers, real estate agents, specialists, etc. Everyone has a job to do to make your deal go through. So, each transaction is a big help to those who work and live in your community.
Put simply, when you buy or sell a home, you are helping out your neighbors. So, when you decide to move, you are not just meeting your own needs – you are also doing something good for your community.
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