Homeownership, despite affordability barriers that have sidelined some buyers, remains a crucial component of the American economy. NAR President John Smaby drove that message home in an article the association sponsored on Politico. In the article, Smaby ticked off the benefits of home sales to the larger economy, including job creation. âHome sales in this country support more than 2.5 million private-sector jobs in an average year,â he writes. âFor every home sold, nearly two jobs are created. There is perhaps no sector more important to Americaâs economic engine than ours.â |