Q3 2023 – Home Inspection Market Outlook

Inspector Toolbelt Talk

One of our most popular segments is back! It is time for Ian and Beon to do their quarterly review of the home inspection market. They will review the current housing market and its effect on us as home inspectors.
They will also highlight the challenges we face with less home inspections due to limited inventory and job opportunities, which have a direct impact on pricing and turnover rates. Furthermore, they're shedding light on how the high cost of housing, the need for large down payments, and the possibility of skipping inspections are all burdening the average inspection company owner.
They also examine the potential effects of mortgage rates and housing legislation on the market. Stay tuned for their predictions on how upcoming job reports could sway mortgage rates, and how inventory levels may shake up the market before 2024.
They'll also be sharing their insights on the builders' outlook and how the current recession could ripple through the home inspection industry. Excited yet? We sure are! Join us for this comprehensive journey into the heart of the home inspection industry.

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*The views and opinions expressed in this podcast, and the guests on it, do not necessarily reflect the views and opinions of Inspector Toolbelt and its associates.

Chapters

1. Q3 Market Outlook and Housing Analysis (00:00:00)

2. Current State of the Housing Market (00:06:48)

3. Impact of Mortgage Rates and Housing Legislation (00:14:52)

4. Builders' Outlook and Potential Recession Impact (00:29:21)