{"id":2120,"date":"2025-03-20T10:30:00","date_gmt":"2025-03-20T10:30:00","guid":{"rendered":"https:\/\/lakeandhomes.com\/blog\/how-buying-or-selling-a-home-helps-your-local-economy\/"},"modified":"2025-03-20T10:30:00","modified_gmt":"2025-03-20T10:30:00","slug":"how-buying-or-selling-a-home-helps-your-local-economy","status":"publish","type":"post","link":"https:\/\/lakeandhomes.com\/blog\/how-buying-or-selling-a-home-helps-your-local-economy\/","title":{"rendered":"How Buying or Selling a Home Helps Your Local Economy"},"content":{"rendered":"
\"How\n

Whether you\u2019re buying<\/a> or selling<\/a> a house, here\u2019s something to think about that most people don\u2019t. Your decision doesn\u2019t just impact your life and your family\u2019s, it sparks a ripple effect that has a positive impact on your entire community.<\/p>\n

Every year, the National Association of Realtors<\/em> (NAR) puts out a report<\/a> that breaks down the financial impact that comes from people buying and selling homes. <\/p>\n

The data shows that if you buy an existing (previously lived-in) home, you\u2019re giving the local economy a boost of just over $60K. And if you buy a newly built home, that number goes up to over $125K (see visual below<\/em>):<\/p>\n

\"a<\/a>That\u2019s because of all the people needed to build<\/a>, fix up, and sell homes. Robert Dietz, Chief Economist at the National Association of Home Builders<\/em> (NAHB), explains how the housing industry adds jobs to a community:<\/p>\n

\n

\u201c. . . 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 . . .\u201d<\/em><\/p>\n<\/blockquote>\n

When you think about it, it makes sense. Behind every home sale is a network of people involved, including contractors, city officials, real estate agents, lawyers, specialists, and more. Everyone has a job to do to help make sure your deal goes through.<\/p>\n

Put simply, when you buy<\/a> or sell a home, you\u2019re helping out your neighbors. So, your decision to move doesn\u2019t just meet your needs; it supports their families, strengthens your town, and shapes the future of your community. <\/p>\n

Imagine walking through the front door of your next home, knowing your decision helped a local contractor keep their crew working or a small business thrive. Remember that feeling as you make your decision this year.<\/p>\n

Bottom Line<\/h3>\n

Moving isn\u2019t just a personal milestone \u2013 it\u2019s an investment in your community, too. If you\u2019re ready to make a move, connect with a local real estate agent. You\u2019ll make a difference for more people than you know.<\/p>\n

What\u2019s most important to you as you prepare to buy or sell your house this year?<\/strong><\/p>\n<\/div>\n

The post How Buying or Selling a Home Helps Your Local Economy<\/a> first appeared on Sandpoint Realty<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Whether you\u2019re buying or selling a house, here\u2019s something to think about that most people don\u2019t. Your decision doesn\u2019t just impact your life and your family\u2019s, it sparks a ripple effect that has a positive impact on your entire community. Every year, the National Association of Realtors (NAR) puts out a report that breaks down […]<\/p>\n","protected":false},"author":1,"featured_media":2121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sandpoint-real-estate"],"_links":{"self":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=2120"}],"version-history":[{"count":0,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media\/2121"}],"wp:attachment":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=2120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=2120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=2120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}