The real estate industry has a huge economic impact. When we think of buying a home or selling a home, we usually see it as a personal milestone. But just like how shopping locally gives a boost to the local economy, doing a real estate transaction has the same effect. Real Estate

The real estate industry has a huge economic impact. When we think of buying a home or selling a home, we usually see it as a personal milestone. But just like how shopping locally gives a boost to the local economy, doing a real estate transaction has the same effect.

How Real Estate Impacts The Economy

When you are working on a real estate deal, whether buying or selling, it involves a community. With all of the people involved in the process, you are adding tens of thousands of dollars to the local economy. An NAR report looks at how much these transactions give to the local economies

Buying An Existing Home

When you are buying an existing home, you are employing a plethora of people to make this transaction work. From the agent to title clerk to the notary helping with paperwork, people get work from your transaction. NAR says that this type of transaction generates $60K for your local economy! Since we are in California, our contributions are likely higher as it is with most national data. 

Buying A New Construction

WHen you purchase a new construction home, you are also helping to employ all the people involved with building your home. This can go from manual labor, to those who process the permits to get the home built. Buying a new construction home generates over $125K according to NAR. That is a great impact to have on your community.

Selling Your Home

When you sell your home, you have the same effect in the market! We need sellers in order for buyers to contribute to the economy. Without you, it doesn’t work!

Ready To Sell Your Home?

If you are ready to sell your home and contribute to your local economy, ASDM Homes is here to help you! 

Eric with ASDM Homes is the go to guy for cash offers in San Joaquin and Stanislaus County.  Cash offers can help you sell your house quickly, for a fair price, without the need for repairs, inspections, or having strangers walk through your house at a moment’s notice.   Selling a house on the market can be a long and difficult process.  Selling your house does not have to be.

If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the details, and streamline the process to help get your home sold and cash fast!  Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!

Leave A Reply