[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1gjzfhom4af03":3,"$ffeh0925h8cuz":39,"$f2emv3tus0uf1":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},15291,"why-buying-or-selling-a-home-helps-the-economy-and-your-community","Why Buying or Selling a Home Helps the Economy and Your Community","\u003Cp>\u003Cspan style=\"color: rgb(0, 0, 0);\">If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community.\u003C\u002Fspan>\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230614\u002F20230615-why-buying-or-selling-a-home-helps-the-economy-and-your-community.jpg","\u003Cp>If you're thinking about \u003Ca href=\"\u002F2023\u002F06\u002F06\u002Freal-estate-is-still-considered-the-best-long-term-investment-1\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">buying\u003C\u002Fa> or \u003Ca href=\"\u002F2023\u002F05\u002F26\u002Fmoving-now-can-give-your-house-its-day-in-the-sun-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">selling\u003C\u002Fa> a house, it's important to know that it doesn't just affect your life, but also your community.\u003C\u002Fp>\u003Cp>The \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR) releases a \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2023-state-by-state-economic-impact-of-real-estate-activity-report-us-05-01-2023.pdf?_gl=1*13hskvj*_gcl_au*NTQ4NDc1ODEzLjE2Nzg5MTgyNzk\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">report\u003C\u002Fa> every year to show how much economic activity is generated by \u003Ca href=\"\u002F2023\u002F05\u002F25\u002Fthe-benefits-of-selling-now-according-to-experts\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">home sales\u003C\u002Fa>. The chart below illustrates that impact:\u003C\u002Fp>\u003Cp>\u003Ca href=\"\u002Fcontent\u002Fimages\u002F20230614\u002F20230615-economic-impact-of-a-typical-home-sale.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230614\u002F20230615-economic-impact-of-a-typical-home-sale.png\">\u003C\u002Fa>\u003C\u002Fp>\u003Cp>As the visual shows, when a house is sold, it can make a big difference in the local economy. The impact comes largely from the workers required to build, update, and buy and sell homes. Robert Dietz, Chief Economist at the \u003Cem>National Association of Home Builders \u003C\u002Fem>(NAHB), \u003Ca href=\"https:\u002F\u002Fchicagoagentmagazine.com\u002F2023\u002F01\u002F02\u002Fnahb-robert-dietz-new-construction\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">explains\u003C\u002Fa> how the housing industry \u003Ca href=\"\u002F2023\u002F05\u002F18\u002Fpowerful-job-market-fuels-homebuyer-demand\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">adds jobs\u003C\u002Fa> to a community:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“\u003C\u002Fem>\u003Cstrong>\u003Cem>The economic impact means housing is a significant job creator.\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem> In fact, for every single-family home built, enough economic activity is generated to sustain three full-time jobs for a year, per NAHB research. . . . And one job for every $100,000 in remodeling spending.”\u003C\u002Fem> \u003C\u002Fblockquote>\u003Cp>Housing being a major job creator makes sense when you consider there are many different industries involved in the process. A recent article from \u003Cem>Fortune\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Ffortune.com\u002F2022\u002F08\u002F09\u002Freal-estate-housing-market-falling-prices-economic-risk\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">notes\u003C\u002Fa> housing activity could have a more robust impact than you think due to the many ways it’s tied to the economy:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“Housing has three direct linkages to economic activity (GDP): the construction of new homes, the remodeling of existing homes, and that of housing transactions. . . . \u003C\u002Fem>\u003Cstrong>\u003Cem>consider the activity associated with home sales – think broker fees, lawyers, etc. – which are a sizable contributor to housing’s GDP footprint.\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem>”\u003C\u002Fem> \u003C\u002Fblockquote>\u003Cp>When you \u003Ca href=\"\u002F2023\u002F05\u002F24\u002Fowning-a-home-helps-protect-against-inflation\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">buy\u003C\u002Fa> or sell a home, you work with a \u003Ca href=\"\u002F2023\u002F05\u002F22\u002Fwhy-buyers-need-an-expert-agent-by-their-side\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">team of professionals\u003C\u002Fa>, including contractors, specialists, lawyers, and city officials. Each person plays a role in making the transaction happen. \u003C\u002Fp>\u003Cp>\u003Cspan style=\"color: rgb(0, 0, 0);\">So, when you \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F06\u002F13\u002Fyour-needs-matter-more-than-todays-mortgage-rates\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">make a move\u003C\u002Fa>\u003Cspan style=\"color: rgb(0, 0, 0);\"> in the housing market, you're not just \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F05\u002F23\u002Fwhy-buying-a-vacation-home-beats-renting-one-this-summer\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">meeting\u003C\u002Fa>\u003Cspan style=\"color: rgb(0, 0, 0);\"> your own needs, you're also making a positive impact on the community. Knowing this can give you a sense of empowerment as you make your decision this year.\u003C\u002Fspan>\u003C\u002Fp>","\u003Cp>Each and every home sale is important for the local economy. If you’re ready to \u003Ca href=\"\u002F2023\u002F06\u002F01\u002Fthe-true-value-of-homeownership\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: blue;\">move\u003C\u002Fa>, let’s connect. It won’t just change your life – it’ll also have a strong positive effect on the whole community.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230614\u002F20230615-economic-impact-of-a-typical-home-sale.png",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers","2023-06-15T10:30:00Z","2023-06-15T10:30:30Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},15288,"a-drop-in-equity-doesnt-mean-low-equity","A Drop in Equity Doesn’t Mean Low Equity","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230613\u002F20230614-a-drop-in-equity-doesnt-mean-low-equity.jpg","2023-06-14T10:30:00Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},15299,"how-owning-a-home-grows-your-wealth-with-time-infographic","How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230615\u002FHow-Owning-a-Home-Grows-Your-Wealth-with-Time-KCM-Share.png","2023-06-16T10:30:00Z",{"cover":40,"open":41,"shareSpread":42},"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",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[48,52,53,54,58,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,158],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":55,"name":56,"slug":57},7,"Foreclosures","foreclosures",{"id":59,"name":60,"slug":61},8,"Infographics","infographics",{"id":63,"name":64,"slug":65},9,"Home Prices","home-prices",{"id":67,"name":68,"slug":69},11,"First-Time Buyers","first-time-buyers",{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":79,"name":80,"slug":81},38,"Move-Up","move-up",{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"New Construction","new-construction",{"id":95,"name":96,"slug":97},52,"Luxury \u002F Vacation","luxury--vacation",{"id":99,"name":100,"slug":101},53,"Rent vs. Buy","rent-vs-buy",{"id":103,"name":104,"slug":105},80,"Time-sensitive","time-sensitive",{"id":107,"name":108,"slug":109},81,"Outdated","outdated",{"id":111,"name":112,"slug":113},147,"Internal","internal",{"id":115,"name":116,"slug":117},148,"Do Not Autopost","do-not-autopost",{"id":119,"name":120,"slug":121},320,"Inventory","inventory",{"id":123,"name":124,"slug":125},321,"Agent Value","agent-value",{"id":127,"name":128,"slug":129},322,"Affordability","affordability",{"id":131,"name":132,"slug":133},323,"Buying Tips","buying-tips",{"id":135,"name":136,"slug":137},324,"Downsize","downsize",{"id":139,"name":140,"slug":141},325,"Economy","economy",{"id":143,"name":144,"slug":145},326,"Equity","equity",{"id":147,"name":148,"slug":149},327,"Forecasts","forecasts",{"id":151,"name":152,"slug":153},328,"Selling Tips","selling-tips",{"id":155,"name":156,"slug":157},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":159,"name":160,"slug":161},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]