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Economic Impact of Every Home Sold  [INFOGRAPHIC]

September 15, 2015 by Marco Santarelli

Every time a property is sold, the surrounding economy gets a boost.  Local businesses and industries benefit at every stage of the process from the sale to post-sale purchases.  These include aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.

Hawaii leads the way with a $177,000 boost to their local economy.  The national average is $57,500.

 


(Click to enlarge)

 

Filed Under: Economy, Housing Market

About Marco Santarelli

Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments – a nationwide provider of turnkey cash-flow investment property.  His mission is to help 1 million people create wealth and passive income and put them on the path to financial freedom with real estate.  He’s also the host of the top-rated podcast – Passive Real Estate Investing.

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