Increased Competition – Not Less Business
Lately in southern California there has been a slow down in the housing market. One might even argue, a necessary slow down in an over heated market. What has this done to the remodeling market? Not much; homeowners are still remodeling. Though the dollar value per project has decreased, homeowners still want to fluff the feathers in the nest.
So why are remodeling contractors starting to cry about the lack of business. Well, it is the competition; competition from the “new home builders” entering the market. Their market has all but dried up, and I guess that even “trackies” have to eat. So, they migrate to where the work is. And swinging a hammer is swinging a hammer. Except, remodeling is a different business from ground up construction; there is usually a family living in the house, customers have different expectations, and there is a different set of pitfalls.
Customers and contractors be aware. Would you go to an optometrist to get your teeth cleaned? Contractors – let us not add to our already dismal reputation.
Tags: competition, Contractors, home builders, Remodeling