When people think about buying or selling a home, the focus is usually on personal milestones and financial decisions. But what often gets overlooked is how much a single real estate transaction supports your local economy.
According to recent data, the purchase of an existing home contributes around $60,000 to the local economy. If that home is new construction, the number jumps to over $120,000. That impact comes from the ripple effect of services involved in the process—real estate agents, mortgage lenders, inspectors, contractors, title companies, and more.
Buying or selling a home helps fuel small businesses and local workers, keeping your community thriving. It’s not just about finding a place to live, it’s about contributing to the place you live in.
At The Byrne Group, we believe real estate is personal—and powerful. If you’re planning a move, know that you’re also playing a role in strengthening your local economy.
Have questions about buying or selling? We’re here to help and so is your community.
