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The Ripple Effect: How Buying or Selling a Home Boosts the Economy and Community

  • The Jade Zivko Team
  • Jun 16, 2023
  • 2 min read

Hey there! If you're considering buying or selling a house, get ready to do more than just change your address. We're here to spill the beans on how this big move can actually give your community an awesome economic boost. Buckle up and let's dive in!



How Selling a House Ignites the Local Economy and Transforms Communities


When a house is sold, it sets off a chain reaction in the local economy. It's not just about your life; it's about your entire community! The secret lies in the amazing folks involved in the housing industry, from builders and renovators to buyers and sellers.






Robert Dietz, the Chief Economist at the National Association of Home Builders (NAHB), spilled some juicy details.

According to their research, every time a single-family home is built, it creates enough economic activity to sustain three full-time jobs for an entire year! That's a whole lot of employment magic right there.

Oh, and did you know that every $100,000 spent on remodeling generates a job? Now that's what we call a win-win situation!



The Secret Sauce of Economic Awesomeness and Job Creation


Housing is like a superhero job creator, involving various industries along the way. A recent article from Fortune spilled the beans on the three direct ways housing impacts the economy: new home construction, home remodeling, and housing transactions. Think about all those cool activities tied to home sales, like broker fees and lawyers. They contribute a lot to housing's GDP footprint. It's like housing is the secret sauce of economic awesomeness!





Join Forces with Experts to Make Your Dream Transaction Happen


When you embark on your home-buying or selling journey, you're not alone. You become part of a team of professionals, including contractors, specialists, lawyers, and city officials. It's like assembling a squad of superheroes to make your dream transaction happen. You're not just meeting your own needs; you're becoming a superhero for your community!




The Ripple Effect
The Ripple Effect


So, get ready to unleash your inner superhero and make a positive impact on the economy by buying or selling a home. Your decision this year isn't just about you; it's about building a stronger community. And hey, who knew that house hunting could be so empowering and fun? It's time to rock the housing market and save the day for your community!


source of information: simplifyingthemarket.com


Contact us:

Jade Kim Zivko

(216) 338-5918

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