Princeton Town Topics – Let’s Talk Real Estate – October 18, 2020
HOMEOWNERS AFFECTED BY NATIONWIDE APPLIANCE SHORTAGE
If you’re looking to buy a new refrigerator, dishwasher or other home appliance, you may be in for a wait. One of the many rippling effects of the coronavirus pandemic that seems to be persisting is a shortage of household appliances. A slowdown in manufacturing plus an upswing in demand from homeowners has resulted in a supply shortage, affecting both large and small retailers. Demand is climbing for two main reasons. First, many homeowners are deciding to tackle various home renovation projects. But this year, people are simply using their appliances more, so overuse may be taking its toll as well.
Across the U.S., there are reports of appliances in low stock or on back order, with few discounts available. The shortage seems to be affecting refrigerators, dishwashers, and stoves more than other appliances. If you absolutely need to buy or replace an appliance now, here are a few tips you can try to find that new fridge or dishwasher.
· Consider starting your shopping online. Large retailers’ websites can often tell you what models are available at a specific store location.
· Check the stock at small local appliance retailers.
· Don’t dismiss the “scratch and dent” section the appliance department for your next purchase. You may also find a good discount there.
· If possible, arrange to pick up your own appliance rather than rely on delivery.
