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The Buying & Selling of Real Estate Benefits the Entire Community

February 8, 2016  /  Economy  /  Marti Reeder

Force-placed-ins-money-house-article-2Buying or selling a home not only offers us benefits, like equity, comfort & stability, it also positively impacts our community. Every time a home is sold, it sets off a series of events that generates an economic impact on the area around it. In fact, according to the National Association of Realtors, the transfer of real estate in Washington boosts the economy by $76,000, on average!

Typically, there are 26 services involved in a single real estate transaction in the 30 days before and after a real estate transaction has closed. Buyers and sellers may use services such as home remodel/repair contractors, painters, plumbers, etc. during and after the closing of a sale.

In addition, the community experiences a positive economic impact when buyers and sellers utilize the following services: mortgage lending, title insurance, escrow, home appraisal, real estate brokerages, movers, storage facilities, hardware and home product stores, and the purchase of new furniture & appliances.

I love my real estate business because it allows me to serve my community by helping individuals and families own a piece of the American Dream. Homeownership has a direct, positive impact on the health of our community, and that’s important to me, and it’s good for all of us!

Working for you,

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Marti Reeder, Realtor, Broker, CRS

 

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