{"id":4765,"date":"2024-05-08T10:30:00","date_gmt":"2024-05-08T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/05\/08\/how-buying-or-selling-a-home-benefits-your-community\/"},"modified":"2024-05-08T10:30:00","modified_gmt":"2024-05-08T10:30:00","slug":"how-buying-or-selling-a-home-benefits-your-community","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/05\/08\/how-buying-or-selling-a-home-benefits-your-community\/","title":{"rendered":"How Buying or Selling a Home Benefits Your Community"},"content":{"rendered":"<body><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wpe_imgrss\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/05\/20240508-How-Buying-or-Selling-a-Home-Benefits-Your-Community.png?w=1220&#038;ssl=1\" loading=\"lazy\">\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/05\/20240508-How-Buying-or-Selling-a-Home-Benefits-Your-Community.png?w=1220&#038;ssl=1\" alt=\"How Buying or Selling a Home Benefits Your Community Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p>If you\u2019re thinking of <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/11\/builders-are-building-smaller-homes\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">buying<\/a> or <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/30\/what-more-listings-mean-when-you-sell-your-house\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">selling<\/a> a house, it\u2019s important to know it doesn\u2019t just impact you\u2014it helps out the local economy and your community, too.<\/p>\n<p>Every year, the <em>National Association of Realtors<\/em> (NAR) puts out a <a href=\"https:\/\/cdn.nar.realtor\/sites\/default\/files\/documents\/2024-state-economic-impact-of-real-estate-activity-report-united-states-04-09-2024.pdf?_gl=1*gi9lw4*_gcl_au*NDg0ODIxMTgxLjE3MTIyNDc0OTg.\" rel=\"noopener noreferrer\" target=\"_blank\">report<\/a> that breaks down the financial impact that comes from people <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/05\/top-5-reasons-to-hire-an-agent-when-buying-a-home-infographic\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">buying<\/a> and <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/29\/nows-a-great-time-to-sell-your-house\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">selling<\/a> homes (<em>see visual below<\/em>):<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/05\/20240508-Impact-of-a-Typical-Home-Sale.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/05\/20240508-Impact-of-a-Typical-Home-Sale.png?w=1220&#038;ssl=1\" alt=\"No Caption Received\" loading=\"lazy\"><\/a><\/p>\n\n<p>When a house is sold, it really boosts the local economy. That\u2019s because of all the people needed to <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/03\/newly-built-homes-could-be-a-game-changer-this-spring\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">build<\/a>, fix up, and sell homes. Robert Dietz, Chief Economist at the <em>National Association of Home Builders<\/em> (NAHB), <a href=\"https:\/\/chicagoagentmagazine.com\/2023\/01\/02\/nahb-robert-dietz-new-construction\/\" rel=\"noopener noreferrer\" target=\"_blank\">explains<\/a> how the housing industry adds jobs to a community:<\/p>\n<blockquote><p><em>\u201c. . .<\/em><strong><em> housing is a significant job creator.<\/em><\/strong><em> 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><\/blockquote>\n<p>It makes sense that housing creates a lot of jobs because so many different kinds of work are involved in the industry.<\/p>\n<p>Think about all the people involved with selling a house\u2014city officials, contractors, lawyers, real estate agents, specialists, etc. Everyone has a job to do to make your deal go through. So, each transaction is a big help to those who work and live in your community.<\/p>\n<p>Put simply, when you <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/25\/is-a-multi-generational-home-right-for-you\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">buy<\/a> or <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/10\/should-i-move-with-todays-mortgage-rates\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">sell<\/a> a home, you\u2019re helping out your neighbors. So, when you <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/16\/should-i-wait-for-mortgage-rates-to-come-down-before-i-move\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">decide to move<\/a>, you\u2019re not just meeting your own needs\u2014you\u2019re also doing something good for your community. Just knowing your move helps so many people around you can give you a sense of empowerment as you make your decision this year.<\/p>\n<h3>Bottom Line<\/h3>\n<p>Every time a home is sold, it really helps out the local economy. If you\u2019re <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/12\/the-perks-of-downsizing-when-you-retire-infographic\/\" rel=\"noopener noreferrer\" target=\"_blank\">ready to move<\/a>, get in touch with a local <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/04\/09\/the-top-5-reasons-you-need-a-real-estate-agent-when-buying-a-home\/\" rel=\"noopener noreferrer\" target=\"_blank\">real estate agent<\/a>. It won\u2019t just change your life\u2014it\u2019ll also do a lot of good for the whole community.<\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>If you\u2019re thinking of buying or selling a house, it\u2019s important to know it doesn\u2019t just impact you\u2014it helps out the local economy and your community, too. Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4766,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-4765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/05\/20240508-How-Buying-or-Selling-a-Home-Benefits-Your-Community.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1eR","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/4765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=4765"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/4765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/4766"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=4765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=4765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=4765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}