{"id":2690,"date":"2022-05-25T16:16:56","date_gmt":"2022-05-25T16:16:56","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2690"},"modified":"2022-05-25T16:16:56","modified_gmt":"2022-05-25T16:16:56","slug":"buying-selling-home-benefits-economy-community","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/buying-selling-home-benefits-economy-community\/","title":{"rendered":"How Buying or Selling a Home Benefits the Economy and Your Community"},"content":{"rendered":"<div id=\"attachment_2691\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2691\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2691\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/20220525-KCM-Share.jpeg\" alt=\"\" width=\"750\" height=\"410\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/20220525-KCM-Share.jpeg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/20220525-KCM-Share-300x164.jpeg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-2691\" class=\"wp-caption-text\">How Buying or Selling a Home Benefits the Economy and Your Community<\/p><\/div>\n<p>If you\u2019re thinking of <a title=\"buying\" href=\"https:\/\/www.mykcm.com\/2022\/05\/17\/why-rising-mortgage-rates-push-buyers-off-the-fence\/\">buying<\/a> or <a title=\"selling\" href=\"https:\/\/www.mykcm.com\/2022\/04\/14\/on-the-fence-of-whether-or-not-to-move-this-spring-consider-this\/\">selling<\/a> a home, chances are you\u2019re focusing on the many extraordinary ways it\u2019ll change your life. But do you know it has a large impact on your community too?<\/p>\n<p>To measure that impact, the <em>National Association of Realtors<\/em> (NAR) releases a <a title=\"report\" href=\"https:\/\/cdn.nar.realtor\/sites\/default\/files\/documents\/2022-state-economic-impact-report-us-04-28-2022.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a> each year to highlight just how much economic activity a home sale generates. The chart below shows how the sale of both a newly built home and an existing home impact the economy:<\/p>\n<div id=\"attachment_2692\" style=\"width: 970px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2692\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2692\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494676.png\" alt=\"\" width=\"960\" height=\"840\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494676.png 960w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494676-300x263.png 300w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494676-768x672.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><p id=\"caption-attachment-2692\" class=\"wp-caption-text\">Economic Impact of a Typical Home Sale<\/p><\/div>\n<p>As the visual shows, a single home sale can have a significant effect on the overall economy. To dive a level deeper, NAR also provides a detailed look at how that varies state-by-state for newly built homes (<em>see map below<\/em>):<\/p>\n<div id=\"attachment_2693\" style=\"width: 970px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2693\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2693\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494659.png\" alt=\"\" width=\"960\" height=\"840\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494659.png 960w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494659-300x263.png 300w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/05\/kcm-infographic-1653494659-768x672.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><p id=\"caption-attachment-2693\" class=\"wp-caption-text\">The Economic Impact of a Home Sale<\/p><\/div>\n<p>You may be wondering: how can a single home sale have such a major effect on the economy?<\/p>\n<p>For starters, there are multiple industries that play a role in the process. Numerous contractors, specialists, lawyers, town and city officials, and so many other professionals are all necessary at various stages during the transaction. Every individual you work with, like your trusted <a title=\"real estate advisor\" href=\"https:\/\/www.mykcm.com\/2022\/04\/12\/why-a-real-estate-professional-is-key-when-selling-your-house\/\">real estate advisor<\/a>, has a team of <a title=\"professionals\" href=\"https:\/\/www.mykcm.com\/2022\/03\/01\/an-expert-advisor-will-give-you-the-best-advice-in-todays-market\/\">professionals<\/a> involved behind the scenes.<\/p>\n<p>That means when you <a title=\"buy\" href=\"https:\/\/www.mykcm.com\/2022\/05\/11\/are-there-more-homes-coming-to-the-market\/\">buy<\/a> or <a title=\"sell\" href=\"https:\/\/www.mykcm.com\/2022\/05\/04\/your-house-could-be-closer-to-list-ready-than-you-think\/\">sell<\/a> a home, you\u2019re leaving a lasting impression on the community at large. Let the knowledge that you\u2019re contributing to those around you while also meeting your own needs help you feel even more empowered when you decide to make your move this year.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Homebuyers and sellers are economic drivers in their community and beyond. Let\u2019s connect so you have a trusted real estate advisor on your side if you\u2019re ready to get started. It won\u2019t just change your life; it\u2019ll make a powerful impact on your entire community.<\/p>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0<span id=\"gc-number-1\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 519-0719<\/span><br \/>\nFax:\u00a0<span id=\"gc-number-2\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 205-1951<\/span><br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n<h5><em>The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.<\/em><\/h5>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re thinking of buying or selling a home, chances are you\u2019re focusing on the many extraordinary ways it\u2019ll change your life. But do you know it has a large impact on your community too? <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/buying-selling-home-benefits-economy-community\/\">Finish Reading<span> How Buying or Selling a Home Benefits the Economy and Your Community<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[59,38,15,10,18,16,27,91,57,86,52,32,49,42,40,63,20,48,28,326,54,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2690"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=2690"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2690\/revisions"}],"predecessor-version":[{"id":2694,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2690\/revisions\/2694"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}