Why Is Lumber So Expensive Right Now? How did we get here? You can blame a few factors. For starters, construction of new homes has steadily risen for the last few years, even before the pandemic. As wealth increases around the world, lumber demand increases with it, b...
Tariffs on steel, aluminum, lumber and other materials could make new homes costlier. Geoff WilliamsFeb. 10, 2025 Final Walk-Through Red Flags Final walk-throughs can uncover problems that could delay closing. Liz Brumer-SmithFeb. 10, 2025 How Agents Find Work-Life Balance Burnout is not a...
the largest homebuilder in the US, has pointed out that with mortgage-rate buydowns, the monthly payments on a new house is lower than the monthly payment
Thankfully, lumber prices have cooled off as supply constraints normalize. That said, prices are still up double-digits from 2019 after the roundtrip in lumber prices in 2021.Remodeled home should sell for bigger premiumsgoing forward due to the difficulty to remodel nowadays. Then we have a c...
With the simple combination of human resilience, andthe safety marginthat is inherent in any well-run life or business. People couldn’t go to movie theaters, so they spent more on Netflix. Lumber prices spiked, but steel prices dropped so we changed some of our house construction to reflec...