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Over the last decade, home inspection and environmental testing have exploded into the consciousness of our nation's homeowners. With falling interest rates and a booming housing market setting the stage, home inspection quickly assumed immediate importance as a whole new generation of homeowners actively began to look for ways to protect their lifetime's biggest investment. Today, home inspection and related environmental services comprise the fastest growing, most affordable, and most valued segment of real estate related services. Here are some more interesting facts.

Every year, 1 out of every 7 homes in the U.S. will be bought or sold.
This amounts in the sale of over 5 million existing homes.
In addition, over 1 million new homes are constructed, and inspected, very year.
Over 80% of transacted homes will be inspected by a professional home inspector.

In addition to the ever-increasing value homeowners attach to home inspection, many states consider requiring home inspections as part of a real estate standard operating procedure. These considerations are now pushing the percentage of real estate transactions that include a home inspection to over 90%. It's forecasted that by the year 2010, almost every state in the union will require a home inspection with the purchase of a new home.

In 1994, an article in the Wall Street Journal stated that the home inspection industry grossed $400 million annually. Nine years later, that number is over $1 billion.
The Wall Street Journal has also reported that the number of home inspections performed throughout the U.S. has doubled in each of the last 4 years.

Home inspection and environmental testing services is also making a significant impression in the small business marketplace. The combination of two exploding industries with the "work-from-home" model afforded to most home inspectors makes it an unusually effective fit for entrepreneurs.

With today's average national home inspection costs what they are and the expectation that they will continue to increase, home inspectors are able to charge a hourly rate equivalent to many doctors and lawyers.
Working from home, home inspectors are able to able to avoid costly overhead and operate their businesses at unusually high profit margins.
Because inspectors are paid at the time of service, there are no receivables and no collections.

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