Hi everyone. This is your Tampa Bay realtor, Lance Mohr. In this video, I'm going to talk about the number one concern that every new home buyer should have. If you're thinking or in the process of buying a brand new home. Then I’m going to give you a solution to this major problem right now.
The number one problem that’s going on in the market, not just Tampa, not just Florida but all over the United States, is quality of construction. It really goes with every builder and the reason this is is that the amount of workers that are in the workforce building new homes is drastically decreased over the years. Ever since the recession, we had many years ago. They never came back into the market. As a matter of fact, the CEO was talking the other day and he said there used to be a million people in the market, in the labor force building homes. Now it's down to 300,000. The problem is, the builders are just running short. Of course, they're not going to tell you they’re running short on labor but that’s why some of these homes are taking longer and longer and the prices are just going up. I was actually at a builder's on Monday and we were buying a home. My buyer was buying a home and the rep pointed out, he said, you see that over there? That upgrade last week would cost the buyer $3,800. He said, today it's $5,200. I was like, oh my gosh! He said it's just the labor shortage. These people who're building homes their sub-contractors and their contractors and everybody else they is basically just overwhelmed. So what they're doing is there just increasing and increasing and increasing the prices.
So what you need to do if you're buying a new home. I’ll make two suggestions and I think this is critically important.
It's hiring an inspector to look at the home in pre-drywall. So before the drywall goes up, have them look at the home. Get an inspection done because you could be paying, whatever you are paying, $300,000, $500,000 whatever you’re paying a new home. It's worth it to spend an extra $300 or $400 get an inspection.
The second thing I would recommend is getting an inspection at the very end. Just because the home is brand new doesn't mean it's perfect. You’ve heard me talk about this in another video but it's getting right now more and more and more important for you to get an inspection of your new home, pre-drywall and at the end.
If you have any questions don't hesitate to give me a call and I’m putting videos up above that will help you save time money and get an idea of the whole new construction process works. If I could help you in the Tampa Bay area or if I could help you out of the area. Please don’t hesitate to give me a call. I hope this video helps. Leave a comment below and let me know your thoughts on this. Are you buying a new home? Have you thought about getting an inspection? Are you going to get a new inspection? I’d be curious. Have a great day and I wish you the best of luck.
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