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Real-Estate's Positive Impact in Vermont

Church Street

 

The National Association of Realtors has released some interesting economic findings on real estate's impact in Vermont. The money that is spent before, during and after a home sale/purchase directly impacts our communities--in a good way! When a home is listed, a sort of economic ripple effect begins-Realtors, Attorneys, Appraisers and Inspectors are hired to assist with the sale. Once the home is purchased, Movers, Painters, Landscapers (and more!) are often utilized to make the transition as seamless as possible. Furthermore new, excited homeowners inevitably shop for furniture, appliances and other items while getting settled. In fact, on average home buyers spend nearly $6,000 on such things shortly after their purchase and around $4,000 more on improvements during the following two years.

All of these purchases sink money back into our state's economy, helping us all in turn. With the housing market on an upswing, Vermont can expect even greater benefits in the coming months. If you're interested in buying or selling now may be the right time for you--a Signature Agent would love to help you decide!

The complete NAR report is available HERE

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  1. real estate property management news on

    So glad I found this wonderful information, thanks