Industry Analysis & Industry Trends
Keeping in check
Demand for building inspection services will get a boost from the economic recovery over the next five years. While the weak housing market has hit industry businesses hard, the revival of housing starts and rising number of existing home sales will contribute to growth. Mortgage lending rates will continue to remain tight and hamper revenue; however, the industry is poised for a recovery... purchase to read more
Industry Report - Industry Products Chapter
Building inspectors evaluate all aspects of a building's structure. Inspectors ensure that a building is compliant with municipal codes by looking at installations within the building. In addition to general workmanship, component systems are also inspected; these components include electrical, plumbing, elevators, compounds and roofing. When an inspector is finished, the client is provided with a report detailing the physical condition of the property.
Home inspection services
House inspections are estimated to account for about 46.1% of the industry revenue. The segment caters to potential homebuyers and sellers of new and existing houses. Potential homebuyers use home inspection services to ensure there are no hidden issues underneath a building's facade... purchase to read more