Home Inspection Statistics


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing an LLC.

All Posts by Steve Goldstein →
Business Formation Expert  |   Fact Checked by Editorial Staff
Last updated: 
LLCBuddy™ offers informative content for educational purposes only, not as a substitute for professional legal or tax advice. We may earn commissions if you use the services we recommend on this site.
At LLCBuddy, we don't just offer information; we provide a curated experience backed by extensive research and expertise. Led by Steve Goldstein, a seasoned expert in the LLC formation sector, our platform is built on years of hands-on experience and a deep understanding of the nuances involved in establishing and running an LLC. We've navigated the intricacies of the industry, sifted through the complexities, and packaged our knowledge into a comprehensive, user-friendly guide. Our commitment is to empower you with reliable, up-to-date, and actionable insights, ensuring you make informed decisions. With LLCBuddy, you're not just getting a tutorial; you're gaining a trustworthy partner for your entrepreneurial journey.

Home Inspection Statistics 2023: Facts about Home Inspection are important because they give you more context about what’s going on in the World in terms of Home Inspection.

LLCBuddy editorial team scanned the web and collected all important Home Inspection Statistics on this page. We proofread the data to make these as accurate as possible. We believe you don’t need to check any other resource on the web for Home Inspection Facts; All are here only 🙂

Are you planning to form an LLC? Thus you need to know more about Home Inspection? Maybe for study projects or business research or personal curiosity only, whatever it is – it’s always a good idea to know more about the most important Home Inspection Statistics of 2023.

How much of an impact will Home Inspection Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your Home Inspection related questions here.

Please read the page carefully and don’t miss any words.

Top Home Inspection Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 17 Home Inspection Statistics on this page 🙂

Home Inspection “Latest” Statistics

  • Home inspection requests have climbed, according to LSBHI, which has seen an increase of around 17.5%.[1]
  • 20% of successful buyers in June, according to statistics from real estate company Redfin, renounced their right to an inspection.[2]
  • According to Porch, 14% of respondents selected their inspector based on recommendations from friends or family, and 10% said that the seller selected the inspector.[3]
  • Gutter problems more than 10% of complaints included concerns with fence and branches hanging over the roof.[3]
  • 86% of the respondents who had an inspection conducted indicated their inspector found at least one issue, according to Porch.[3]
  • Windows related difficulties were fairly common, appearing in over 18% of reports where problems were found.[3]
  • With 83% of those who employed an inspector noting that their lender insisted on an evaluation, this outcome follows usual mortgage requirements.[3]
  • The inspector provided projected repair prices for each problem detected, according to 36% of customers.[4]
  • According to the mortgage reports, a roof problem was discovered in almost 20% of inspections, while an electrical issue was discovered in 18% of inspections.[4]
  • The typical home inspector stays at their employment for 1-2 years, or a percentage of 26%, after reviewing the resumes of 2,675 home inspectors.[5]
  • In Illinois, children under the age of five account for 20% of all residential fire deaths.[5]
  • White people make up 73.5% of all home inspectors, making them the most prevalent ethnic group, according to Webinar Care.[5]
  • About 46% of purchasers claimed to have utilized house inspection results to get their realtor to agree to a reduced asking price, according to Porch survey.[6]
  • According to findings from Porch, 86% of buyers who used a home inspection said that their inspector identified at least one problem that should be addressed.[6]
  • According to a poll by Porch, 88% of purchasers utilized a home inspection for their most recent real estate transaction.[6]
  • According to a Forbes Homes poll, roughly 45% of homeowners think that most warranty insurance are just too pricey.[7]
  • According to an article entitled “Home Inspections”, the most common faults discovered during house inspections, including roofing, electrical wiring, windows, gutters, and plumbing, as determined by a poll of 1,000 purchasers.[8]

Also Read

How Useful is Home Inspection

Home inspections serve as a thorough examination of a property’s condition and can uncover both minor maintenance issues and major defects that could be costly to repair. From leaky roofs to faulty electrical wiring, a home inspection can reveal hidden problems that may not be visible to the untrained eye. This information can help you make an informed decision about whether to proceed with a purchase or negotiate repairs/credits with the seller.

Additionally, home inspections can be useful for current homeowners who are considering selling their property. By having a professional inspect the home prior to listing it on the market, sellers can address any issues that may deter buyers and potentially increase the value of their home.

One of the most common misconceptions about home inspections is that new construction homes don’t need to be inspected. However, even newly built homes can have defects or construction errors that may not be immediately apparent. A home inspection can help identify any issues early on, giving homeowners the opportunity to address them before they become more serious.

For buyers, home inspections can provide valuable information about the overall condition of the home and its various components, such as the roof, foundation, plumbing, and HVAC systems. This information can be used to negotiate repairs or a lower selling price, ultimately saving buyers money in the long run.

In addition to potential cost savings, home inspections also offer peace of mind to homeowners. Knowing that a professional has thoroughly inspected the property can alleviate concerns about hidden problems that may arise post-purchase. This can help buyers feel more confident in their decision to move forward with the transaction.

Overall, home inspections are a crucial step in the home buying process and provide numerous benefits to both buyers and sellers. By uncovering potential issues early on, homeowners can make informed decisions and avoid costly surprises down the road. Whether you’re a first-time buyer or a seasoned homeowner, investing in a home inspection is a worthwhile endeavor that can help protect your investment and ensure the safety and security of your property.

Reference


  1. state – https://lsbhi.state.la.us/lsbhi-releases-home-inspection-statistics-during-national-home-inspection-month/
  2. money – https://money.com/coronavirus-skip-home-inspection/
  3. porch – https://porch.com/resource/home-inspection-leverage
  4. themortgagereports – https://themortgagereports.com/51825/home-inspections-can-save-homebuyers-big-heres-just-how-much
  5. webinarcare – https://webinarcare.com/best-home-inspection-software/home-inspection-statistics/
  6. windycityhome – https://windycityhome.com/2019/10/08/home-inspection-stats-research/
  7. forbes – https://www.forbes.com/home-improvement/home/homeowners-skipping-inspections/
  8. nar – https://www.nar.realtor/home-inspections

Leave a Comment