Analysts, bloggers and media reporters aren’t the only ones noticing an increase in real estate transactions. Environmental services companies in NJ are also feeling the effects of a recent pick up in home prices, home sales and even commercial construction. The Entech Group, Inc, a leading energy, engineering and environmental services company in NJ, says calls for residential and commercial environmental services are up over 200 % versus one year ago.
For companies like The Entech Group, Inc, an uptick in property transactions translates to an increase in the need for environmental services such as property assessments , oil tank removal and property redevelopment. According to The Entech Group Inc., they saw record increases in calls for services this past August and September compared to the same time last year.
“People are still saying that the real estate market is dead but those facts just aren’t true,” says Thomas A. Furey, PE and L.S.R.P. for The Entech Group, Inc. “The numbers tell a different story. Last week JP Morgan reported a profit on home mortgages and stocks in publicly held home builders are up over 20%. Even suppliers of drywall and lumbar are reporting profits.”
Barclays Capital also issued a report forecasting that home prices could be back to peak levels by year 2015.
This is good news for property buyers, sellers and environmental services companies in NJ. “When there is an increase in property transactions, we see more calls for property assessments, oil tank removal and environmental site investigations,” adds Furey.
The Entech Group Inc., provides a comprehensive suite of environmental services in the NJ area for commercial and residential properties. Some of the new environmental laws now require the use of a Licensed Site Remediation Professional (LSRP) for environmental projects, and Entech’s Vice President, Thomas A. Furey, and his team can provide this service.
For the past 20 years, the Entech Group, Inc. has been a leading provider of environmental services in NJ including oil tank removal, site investigation, remediation, and solar energy solutions. Entech provides turn-key, single source solutions to actively assist clients during all phases of project development and management. Their team is comprised of certified engineers, environmental scientists, OSHA certified and trained construction personnel and knowledgeable technicians.
For more information, please visit http://www.entechgroupinc.com or call 800-571-8661.