new home buyers

It’s no secret that the real estate market has slowed down. Rapidly rising interest rates, uncertainty in the economy, and the looming threat of a recession have taken their toll. 

The latest data from the National Association of Realtors (NAR) shows that existing home sales in July declined by 20 percent. Existing home sales in August 2021 were 576,000. But in August 2022, only 451,000 homes were sold—a decline of 125,000 home sales.

With interest rates expected to continue rising into 2023, home inspectors (and all real estate related professions) will be watching home sales activity with a careful eye—and doing everything they can to drum up business. Make sure you stay informed with the latest news and information by subscribing to Working RE’s digital newsletter at:
https://www.workingre.com/

Isaac Peck is the editor of Working RE magazine and the Senior Broker and President of OREP.org, a leading provider of E&O insurance.

Isaac's timely cover story is about the slowing real estate market and how it can affect home inspection business's and others in the real estate profession. 

In a changing market we all need to start thinking more creatively to come up with new and improved marketing to reach the new customer which may be the seller about to list their property.

Listener Feedback Is Always Welcome and Appreciated.
Is there a particular topic I have not covered on the show that you want to hear?

You can become a supporter of the show by clicking this link below, become a supporter and get a shout out on the next podcast episode.
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Please feel free to email me what type of topics you are interested in as well as any other tips to improve your listening experience. john@homeinspectionauthority.com

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🟢 If you are in the Los Angeles area and are in the process of buying a home I am available to inspect it for you. You can Schedule Inspection Online 24/7
https://www.h...

Does Size Really Matter? 

How Many System Defects Can A 1000 Sq Ft House possibly Have?

Listen to this podcast to find out.

Don't let the size fool ya they always say, its true these small home issues can easily outweigh a much larger house when it comes to system defects.
Each and every house needs to be inspected in the same thorough manner wether or not its under 1000 square feet or over 10,000 square feet.

This small house had about 40 recommendations and about 10 safety hazards. Most can be corrected by a qualified professional.

John Laforme
CREIA Certified Inspector #0155263

Home Inspection Authority Youtube Channel Link

https://www.youtube.com/channel/UCXzxEH5J8y5EW1lZ3LtDB0A

https://www.homeinspectionauthority.com/

Listener Feedback Is Always Welcome and Appreciated.
Is there a particular topic I have not covered on the show that you want to hear?

You can become a supporter of the show by clicking this link below, become a supporter and get a shout out on the next podcast episode.
https://www.buzzsprout.com/1838062/support

Please feel free to email me what type of topics you are interested in as well as any other tips to improve your listening experience. john@homeinspectionauthority.com

Check out My Shopify Store: Coffee Mugs, Tote bags, T-Shirts
https://homeinspectionauthority.myshopify.com/products/black-glossy-podcast-mug?variant=44158131175643

🔴 Please Subscribe To My YouTube Channel to receive updates on the video version of the podcasts and hundreds of real home defect videos I find during actual home inspections as well as how to maintain your home videos:
https://www.youtube.com/channel/UCXzxEH5J8y5EW1lZ3LtDB0A?sub_confirmation=1

🟢 If you are in the Los Angeles area and are in the process of buying a home I am available to inspect it for you. You can Schedule Inspection Online 24/7
https://www.h...

Episode 4:

Too sewer scope or not to sewer scope? That is the big question when buying a home. John Laforme and Robert Deyl both agree having your sewer lateral inspected is a must have inspection when buying a home, Heres why.

The unknown is a sewer lateral pipe which is buried under ground between your foundation and the city sewer connection. This pipe is the responsibility of the home owner (you), so if you buy a home and choose not to have the sewer camera inspection performed and it happens to be blocked, full of roots, collapsed etc, It is your (the Home owners) responsibility to repair or replace the pipe at your expense and these repairs can range from 2,000.00 to 25,000.00 depending on whats wrong with the pipe. Spending a few hundred dollars during your inspection contingency period to have the sewer camera inspection performed is a great investment. So do not skimp on the inspections skimp on the window treatments!

Here are some common unrealistic expectation during a home or sewer inspection:
1) Just because the sinks and tubs are draining does not mean you do not need the sewer camera inspection. This is common logic among realtors and buyers.

2) There is a shiny new ABS plastic clean-out in the front yard on a 1950's house, so doesn't this mean the sewer lateral has been replaced? Not necessarily, in most cases the only upgrade was the clean-out was installed so its very likely this is the only section of pipe thats new.
3) The sellers disclosed that the drain plumbing has been upgraded, this typically means the plumbing under the house has been upgraded Not the under ground sewer lateral unless specifically described on the invoice.

You can contact Robert Deyl Plumbing online

http://www.robertdeylplumbing.com/

Listener Feedback Is Always Welcome and Appreciated.
Is there a particular topic I have not covered on the show that you want to hear?

You can become a supporter of the show by clicking this link below, become a supporter and get a shout out on the next podcast episode.
https://www.buzzsprout.com/1838062/support

Please feel free to email me what type of topics you are interested in as well as any other tips to improve your listening experience. john@homeinspectionauthority.com

Check out My Shopify Store: Coffee Mugs, Tote bags, T-Shirts
https://homeinspectionauthority.myshopify.com/products/black-glossy-podcast-mug?variant=44158131175643

🔴 Please Subscribe To My YouTube Channel to receive updates on the video version of the podcasts and hundreds of real home defect videos I find during actual home inspections as well as how to maintain your home videos:
https://www.youtube.com/channel/UCXzxEH5J8y5EW1lZ3LtDB0A?sub_confirmation=1

🟢 If you are in the Los Angeles area and are in the process of buying a home I am available to inspect it for you. You can Schedule Inspection Online 24/7
https://www.h...