Whether you're buying or selling a home, there’s something most people don’t realize—it’s not just about you and your family. Your decision creates a ripple effect that benefits your entire community in ways you might not expect!

Each year, the National Association of Realtors (NAR) releases a report showing how buying and selling homes impact the economy. It’s a fascinating look at the financial ripple effect of real estate!

The numbers are pretty eye-opening—buying an existing home pumps over $60K into the local economy, while purchasing a newly built home boosts it by more than $125K! Check out the visual below for a breakdown.

That’s because so many people are involved in building, renovating, and selling homes. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), breaks down how the housing industry helps create jobs in 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 . . .”

When you really think about it, it all adds up. Every home sale involves a whole team—contractors, city officials, real estate agents, lawyers, specialists, and more. Each person plays a role in making sure the deal comes together smoothly!

Simply put, buying or selling a home does more than just benefit you—it helps your neighbors too. Your move supports local families, boosts the community, and plays a part in shaping the future of your town!

Picture yourself stepping through the front door of your new home, knowing your move helped a local contractor keep their team busy or supported a small business. Keep that in mind as you make your decision this year!

Bottom Line

Moving isn’t just a big step for you—it’s also a way to invest in your community. If you’re thinking about making a move, let’s connect. You might be helping more people than you realize!

What matters most to you as you get ready to buy or sell your home this year?