Orlando new home construction was up 51 percent in 2018
compared with the year before.
Construction was led by a surge in apartments but also increases in
single family homes, townhouses and condos. Home builders started 16,238 single
family homes last year, 12 percent more than 2017. Developers started 12,629
apartments, the most since the Census Bureau began tracking the statistic in
2004.
Orlando
home construction is now at the highest level since 2009
when Obama took office. Home sales peaked in 2005 during the middle of
the G.W. Bush administration and hit the bottom early in Obama's first
term. Sales have since
recovered, but are still at levels not seen since the early 1990s when
G.H.W. Bush
was leaving office.
Building material, skilled labor and lot shortages held new
home construction down. Most of the skilled labor were retrained when unemployment peaked in in other
fields and did not return when the economy improved. Builders use of unskilled labor has them
spending more time on repairs after the new homes are sold.
Our home inspection schedule has been full in part due to
the number of re-inspections required on new home sales. Nationwide there is a
labor shortage of 300,000 skilled workers like roofers and framers.
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Frank Carr is the Owner / Inspector at First Choice Home
Inspections in Deltona, FL serving Volusia, Seminole, Orange and Lake
Counties. Formerly in the building trades, Frank’s focus is a safe home
in the Orlando Metro and Daytona Beach areas of Central Florida and building FCHI. We believe that consumers have the right to expect
the highest standards of thoroughness, fairness and effectiveness from
their home inspector and that is exactly what we provide.
First Choice Home Inspections
Residential Home Inspections in Central Florida
(386) 624-3893
Website: http://1homeinspector.com
Twitter: https://twitter.com/1stChoiceHomeIn
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