NAR has created reports computing the income generated from a home sale for each state for 2017. These reports outline 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.
Find out how much the real estate industry is affecting the gross state product for your area HERE. Wisconsin report: The total economic impact of a typical home sale in Wisconsin in 2017, according to the NAR report, was $63,464. Click here to read more about the economic impact of a home sale in Wisconsin.