The Impact of What We Do
NAR just reported on the economic impact to a community when a home sells. They outlined:
“The total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.”
Here is a map breaking it down by state:
To get more information on this including a thorough breakdown of the economic impact in each state by category, click here.