Upsurge in New FHA Inspections for New Construction

In the recent weeks, there been an upsurge in demand for FHA final inspections from developers for new construction. Multiple orders have been placed from different developers throughout San Diego County. All were attached dwellings consisting of townhome units. Developers are offering aggressive incentives to close out existing phases. Target clients seem to be first time buyers who are also taking advantage of the $8,000 tax credit. Developers appear to be turning a corner. New phases are actively underway. Another developer initiated discussions for new construction inspections to meet FHA guidelines. Two of the developers have shared that their corporate office are exploring for raw land for future developments.