While the Coral Springs Roofing Experts did improve their Q2 numbers from Q1 of 2022, when comparing Q1 of 2022 to that of 2021, there has been a mild slowdown. There are a few reasons this is happening; for one, the country is officially in an economic recession.
More specific to conditions in South Florida, where the Coral Springs Roofing Experts operate, there has not been as much rain this summer. Summer rains expose leaks in many people’s homes and are always the busiest time of year. But less rain equals fewer phone calls from customers needing help. And more people being pushed to the brink financially means people will hold off on housing projects, no matter how needed!
However, perhaps the most significant factor in seeing a drop-off from the summer of 2021 to 2022 is the great migration to Florida that has cooled off. During the last year and a half, Florida saw record numbers of people moving to the state as people fled from cities across the country. As a result, while the market is still doing okay, it is dropping off, and with the U.S. Fed continuing to raise rates, fewer people will move, and therefore fewer new homeowners want to get new roofs.
The Coral Springs Roofing Experts work with roofing contractors that offer high-quality service for roof repairs and replacements and tile, metal, and shingle roofing. The company can still do well during such uncertain economic times through effective advertising campaigns and an excellent word-of-mouth track record.
Jon, a representative of the Coral Springs Roofing Experts, said this about the summer, “While we were optimistic that this summer was going to be as productive as last, a part of me saw the writing on the wall and realized how much of an outlier 2021 was. So many inbound calls last summer were for people who were moving down here or did move. Many were motivated to have the best possible roof in the event of a hurricane. Compare last year to now, and it is mostly people who already live here and have for a while. The migration seems to be cooling off for the moment.”
For people that need top-notch roof repairs & replacements in Coral Springs, look no further than the Coral Springs Roofing Experts; call them today to get a free estimate and proposal.
Coral Springs Roofing Experts
9839 NW 20th St
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Fortune Outlook journalist was involved in the writing and production of this article.