That is an old phrase that means we are running out of the good stuff! The apples are always fresher at the top of the barrel and tend to become a stinky pile of mush at the bottom. The same holds true with our housing stock, as the stock depletes(like we are seeing now) the homes left on the market are for the most, the bottom of the barrel.
Several of my fellow home inspectors were talking about this just a few weeks ago over lunch and we all agreed that the homes we are seeing now are some of the worst we have see in years. It seems that the changeover started a couple of months ago and it has done nothing but progress with no end in sight. The sad part is that the ones who are really getting hurt are those that do not get an inspection and those that pay for two, three or more inspections trying to find a descent home.
So what can be done?
It needs to start with the real estate agents taking control of their sellers that have their homes listed with them. Agents just need to flat tell their sellers that they need to repair the obvious items like rotting wood, dripping faucets, water stains on ceilings, leaking roofs, windows that do not open, etc, etc, etc…….. It's almost like everyone is looking at the world through rose colored glasses with blinders!
Scott Patterson has been a professional home inspector since 1995 and works out of the Greater Nashville TN area. You can contact him at his office 615-302-1113 or on his cell at 615-870-4162 via text or voice.