The Community and Economic Impacts of a Home Sale If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the entire U.S. economy via the multiple industries and professionals that take part in the process. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates. An existing home sale contributes $45,600 to the economy. For a newly built home, that number’s $93,800. As you can see, a single home sale can have a massive effect on the overall economy. Ali Wolf, Chief Economist for Zonda, talks about this in a recent article. “The housing market... #Bgroup #Prescott #Realtor #Homes #Smart

The Community and Economic Impacts of a Home Sale If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the entire U.S. economy via the multiple industries and professionals that take part in the process. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates. An existing home sale contributes $45,600 to the economy. For a newly built home, that number’s $93,800. As you can see, a single home sale can have a massive effect on the overall economy. Ali Wolf, Chief Economist for Zonda, talks about this in a recent article. “The housing market... #Bgroup #Prescott #Realtor #Homes #Smart - 928-227-8575
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