Do you know what the Economic Impact of Every Home Sold in the US is?
Every time a home is sold, thousands of dollars are put back into the economy as a result.
Homeownership is a huge % of the US economy. Without a stable housing market our US economy suffers.
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The numbers might surprise you.
Some Highlights:
- Every time a home is sold, the surrounding economy feels a boost.
- Different industries and businesses benefit at each stage of the process of moving into a home!
- Hawaii leads the way with a $177,000 boost to the local economy.
- Economic Impact of Every Home Sold in the US: The national average per home sold in the US is $57,500.
- Economic Impact of Every Home Sold in Arizona: the average per home sold is between $51,000 to $60,000.
Tags: Tucson housing market