[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1fask59j0n33w":3,"$ffeh0925h8cuz":32,"$fbwk2pqjjqsc7":36},{"item":4,"previous":22,"next":27},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":13,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":20,"updatedAt":21},132,"home-sales-generate-52205-impact-on-economy","Home Sales Generate $52,205 Impact on Economy","\r\n\r\nThe National Association of Realtors (NAR) compiled data from research conducted by the Bureau of Economic Analysis & Macroeconomic Advisors on the economic impact of a home purchase.\r\n\r\nAfter reviewing the data, they concluded that the total...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone size-full wp-image-33726\" src=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F09\u002FHome-Sales-Impact-on-Economy.jpg\" alt=\"Home Sales Generate $52,205 Impact on Economy\" width=\"600\" height=\"315\" \u002F>\r\n\r\nThe \u003Cem>National Association of Realtors \u003C\u002Fem>(NAR) compiled data from research conducted by the Bureau of Economic Analysis & Macroeconomic Advisors on the economic impact of a home purchase.\r\n\r\nAfter reviewing the \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fsites\u002Fdefault\u002Ffiles\u002Freports\u002F2014\u002Feconomic-impact\u002Feconomic-impact-real-estate-activity-united-states-2014-04.pdf.pdf\">data\u003C\u002Fa>, they concluded that the total economic impact of a typical home sale in the United States is an astonishing \u003Cstrong>$52,205.\u003C\u002Fstrong>\r\n\r\nHere is the breakdown of their report:\u003Cstrong> \u003C\u002Fstrong>\r\n\u003Ch3>\u003Cstrong>Economic Contributions are derived from:\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cul>\r\n\t\u003Cli>Home construction\u003C\u002Fli>\r\n\t\u003Cli>Real estate brokerage\u003C\u002Fli>\r\n\t\u003Cli>Mortgage lending\u003C\u002Fli>\r\n\t\u003Cli>Title insurance\u003C\u002Fli>\r\n\t\u003Cli>Rental and Leasing\u003C\u002Fli>\r\n\t\u003Cli>Home appraisal\u003C\u002Fli>\r\n\t\u003Cli>Moving truck service\u003C\u002Fli>\r\n\t\u003Cli>Other related activities\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch3>\u003Cstrong>When a House is Sold in the United States:\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cstrong>$15,912\u003C\u002Fstrong> income is generated from real estate related industries.\r\n\r\nNew homeowners spend an additional\u003Cstrong> $4,429\u003C\u002Fstrong> on consumer items such as furniture, appliances, and remodeling.\r\n\r\nIt generates an economic multiplier impact. There is a greater sense of community associated with owning a home; therefore there is greater spending at restaurants, sports games, and charity events. The size of this “multiplier” effect is estimated to be: \u003Cstrong>$9,764\u003C\u002Fstrong>\r\n\r\nAdditional home sales induce additional home production. Typically one new home is constructed for every 8 existing home sales. Therefore, for each existing home sale, 1\u002F8 of new home value is added to the economy, which is estimated in the U.S. to be: \u003Cstrong>$22,100\u003C\u002Fstrong>\r\n\u003Ch3>\u003Cstrong>When you add the numbers up it comes to $52,205!\u003C\u002Fstrong>\u003C\u002Fh3>","https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F09\u002FHome-Sales-Impact-on-Economy.jpg",false,[16],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers","2014-09-18T10:00:41Z","2014-09-18T14:54:59Z",{"id":23,"slug":24,"title":25,"featuredImage":11,"publishedAt":26,"contentType":10,"isVideo":14},131,"fsbos-must-be-ready-to-negotiate-3","FSBO's Must Be Ready to Negotiate","2014-09-17T10:00:29Z",{"id":28,"slug":29,"title":30,"featuredImage":11,"publishedAt":31,"contentType":10,"isVideo":14},133,"5-reasons-to-hire-a-real-estate-professional-infographic-2","5 Reasons to Hire a Real Estate Professional [INFOGRAPHIC]","2014-09-19T10:00:55Z",{"cover":33,"open":34,"shareSpread":35},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[37,41,42,46,50,54,58,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150],{"id":38,"name":39,"slug":40},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":43,"name":44,"slug":45},6,"For Sellers","sellers",{"id":47,"name":48,"slug":49},7,"Foreclosures","foreclosures",{"id":51,"name":52,"slug":53},8,"Infographics","infographics",{"id":55,"name":56,"slug":57},9,"Home Prices","home-prices",{"id":59,"name":60,"slug":61},11,"First-Time Buyers","first-time-buyers",{"id":63,"name":64,"slug":65},34,"Senior Market","senior-market",{"id":67,"name":68,"slug":69},35,"Mortgage Rates","mortgage-rates",{"id":71,"name":72,"slug":73},38,"Move-Up","move-up",{"id":75,"name":76,"slug":77},41,"For Sale by Owner","for-sale-by-owner",{"id":79,"name":80,"slug":81},42,"Featured","featured",{"id":83,"name":84,"slug":85},45,"New Construction","new-construction",{"id":87,"name":88,"slug":89},52,"Luxury \u002F Vacation","luxury--vacation",{"id":91,"name":92,"slug":93},53,"Rent vs. Buy","rent-vs-buy",{"id":95,"name":96,"slug":97},80,"Time-sensitive","time-sensitive",{"id":99,"name":100,"slug":101},81,"Outdated","outdated",{"id":103,"name":104,"slug":105},147,"Internal","internal",{"id":107,"name":108,"slug":109},148,"Do Not Autopost","do-not-autopost",{"id":111,"name":112,"slug":113},320,"Inventory","inventory",{"id":115,"name":116,"slug":117},321,"Agent Value","agent-value",{"id":119,"name":120,"slug":121},322,"Affordability","affordability",{"id":123,"name":124,"slug":125},323,"Buying Tips","buying-tips",{"id":127,"name":128,"slug":129},324,"Downsize","downsize",{"id":131,"name":132,"slug":133},325,"Economy","economy",{"id":135,"name":136,"slug":137},326,"Equity","equity",{"id":139,"name":140,"slug":141},327,"Forecasts","forecasts",{"id":143,"name":144,"slug":145},328,"Selling Tips","selling-tips",{"id":147,"name":148,"slug":149},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":151,"name":152,"slug":153},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]