The expert agrees that that the rise of cremation has instituted a Funeral Industry decline and and a tombstone recession. People are buying less burial plots and fewer gravestones. Folks trying to sell their own burial spaces are having a hard time doing just that!
It is no secret that the economy has hurt funeral homes and cemeteries and caused people to turn to cremation.
This is not good news for the traditional Funeral. It is good news for those folks that offer cremation services and sell cremation goods and services.
After advertising the space for a year,the Lemons have attracted no buyers.
“We’re not trying to get rich,” said Clinton Lemons, 82. “We’re just trying to get rid of the lots. It’s kind of like trying to sell a home.”
The demand for cemetery plots and mausoleums is lower than it has been in years and it’s a buyer’s market, says Robert Fells, attorney for the International Cemetery, Cremation and Funeral Association in Sterling, Va. The group represents more than 7,400 cemeteries, funeral homes, crematoriums and other death care service providers in the USA.
Though no industrywide statistics are available about the glut of cemetery plots, Fells says there’s plenty of anecdotal evidence.
“People are buying less burial property,” he said. “There’s a growing surplus.”
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