Categories: Residential

New home buyers face shortage of household appliances

Household appliances including dishwashers, refrigerators, washers and dryers are all said to be low in stock nationwide, and that’s forced some consumers to wait months for their orders to be fulfilled, according to a report in NPR.

The shortage is, like mostly everything else these days, being blamed on the coronavirus pandemic.

Steve Sheinkopf of Boston-area Yale Appliance told NPR that his store saw a rush on freezers in March when the pandemic took hold as people looked to hoard food.

“We sold more freezers in two days than we did all last year,” Sheinkopf said. “People were storing stuff because we thought this was the end of times. We needed food.” ‘

The problem has been exacerbated by factories scaling back production or shutting down during the initial stages of the pandemic as employers looked to protect their workers from harm. There was also a belief that unemployment would lead to lower demand for household appliances. But instead, the opposite has happened, and demand has grown. Meanwhile, global shipments of appliances has fallen by 7% this year, NPR reported.

The growing demand is due to people sheltering at home, which results in them using their appliances more. As such, more appliances break down due to frequent use. Other homeowners are seeking upgrades for their appliances as they spend more time at home. And now that the housing market recovery is well under way, people who buy new homes also want to kit them out with new appliances.

NPR said that several major appliance manufacturers have warned of backlogs on several brands and models that could go on until 2021. So, if you have old appliances, we suggest having them serviced by a Home Appliance Service Repair technician to improve their efficiency until you are able to replace them.

“I have never experienced a year where there were shortages like we’ve seen this year,” Sandy Tau, owner of Long Island, N.Y.-based AHC Appliances, told NPR. “We have freezers that are on back order since the end of March that have still not come in.”

Mike Wheatley

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at mike@realtybiznews.com.

Recent Posts

Sam Mizrahi: A Great City Needs a Dynamic, Graceful and Inspiring Center

As an admirer of architecture, Canadian developer Sam Mizrahi knows that the great cities of…

7 hours ago

8 Risk Factors to Consider Before Investing in Real Estate

It is said that with great risk comes great reward. All sorts of investments come…

14 hours ago

First National Realty Partners: Invest or Avoid?

Accredited investors have many different options to choose from once they decide to invest in…

17 hours ago

Google AdSense – How to Use It on Your Real Estate Blog

Your real estate blog is one of the greatest marketing tools you have at your…

2 days ago

A Look at Top St. Louis Agents

With tougher times ahead in the industry, here's a candid look at a few St.…

2 days ago

5 Tips for a Successful Home Renovation

If you’re in the process of planning a home renovation, you're likely feeling both excited…

2 days ago