- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Lumber prices continue to skyrocket
Posted on 1/18/21 at 9:20 am
Posted on 1/18/21 at 9:20 am
What a rise. Prices are more than 100% higher in a year's time.
Lumber price tracker
I was considering starting a deck project, but holy hell, not at these prices.
Lumber price tracker
quote:
Compared to the price one-year-ago, of US$402 mfbm, last week benchmark softwood lumber item Western S-P-F KD 2x4 #2&Btr was selling for US$944 mfbm which is +$542, or +135% more.
I was considering starting a deck project, but holy hell, not at these prices.
Posted on 1/18/21 at 9:23 am to HubbaBubba
I was told the prices were starting to come back down
Posted on 1/18/21 at 9:23 am to HubbaBubba
Contractor is putting 15 new houses up by me at the same time. I see loads of lumber coming and going. I’d hate to see that bill.
It’s been pretty crazy watching the crews working. It’s like a house factory over here.
It’s been pretty crazy watching the crews working. It’s like a house factory over here.
Posted on 1/18/21 at 9:23 am to HubbaBubba
Agree, I am stick building a 10 x 20 shed...it's on hold for now.
Posted on 1/18/21 at 9:24 am to HubbaBubba
I had to lay some boards in my attic two weeks ago... I was wondering when Home Depot got so damn expensive.
This post was edited on 1/18/21 at 9:28 am
Posted on 1/18/21 at 9:25 am to SPEEDY
quote:they came down a little bit a few months ago then skyrocketed even higher than before
I was told the prices were starting to come back down
Posted on 1/18/21 at 9:28 am to HubbaBubba
Damn, I didn't know this. What's causing the spike?
I need to replace a few sections of my fence right now.
I need to replace a few sections of my fence right now.
Posted on 1/18/21 at 9:28 am to HubbaBubba
Well, there was just over $1 billion in timber lost in Louisiana thanks to Laura and Delta so that is not helping it.
The cost of building new is ridiculous and the cost of rebuilding for many in SWLA is not doable so many are choosing to sell their damaged homes as-is.
The cost of building new is ridiculous and the cost of rebuilding for many in SWLA is not doable so many are choosing to sell their damaged homes as-is.
Posted on 1/18/21 at 9:28 am to bee Rye
My jaw hit the floor when I went to HD yesterday to buy some 2x12. Those purple stud length 2x4s were $7 a piece!!! That’s at least 3x what they were 10 years ago
Posted on 1/18/21 at 9:28 am to fallguy_1978
quote:
What's causing the spike?
Inflation, timber lost due to hurricanes, manufacturing shut down due to COVID. Basically, liberals and natural disasters are the cause.
This post was edited on 1/18/21 at 9:34 am
Posted on 1/18/21 at 9:28 am to HubbaBubba
Tell yo mama she could still get this wood for free tho
Posted on 1/18/21 at 9:29 am to HubbaBubba
Why the rapid rise in prices? I thought their was a glut of pine trees on the market.
Posted on 1/18/21 at 9:29 am to Big L
quote:
Those purple stud length 2x4s were $7 a piece!!! That’s at least 3x what they were 10 years ago
They were $2.16 each in January of last year.
Posted on 1/18/21 at 9:29 am to stout
and the effect on the housing market as a whole?
Posted on 1/18/21 at 9:30 am to Ridgewalker
quote:
Agree, I am stick building a 10 x 20 shed...it's on hold for now.
Have you priced it before and after? Curious as I was planning on about the same (14x20)
Posted on 1/18/21 at 9:30 am to HubbaBubba
We’re remodeling our whole home.
We quoted before the initial jump, then had a bunch of delays while prices were high and our contractor told us that busting the budget was very possible, delays fortunately let us start getting lumber in early fall before the prices jumped again and now we’re mostly done with lumber.
The whole thing has sucked and we’re over budget elsewhere, but we dodged a bullet on that part.
We quoted before the initial jump, then had a bunch of delays while prices were high and our contractor told us that busting the budget was very possible, delays fortunately let us start getting lumber in early fall before the prices jumped again and now we’re mostly done with lumber.
The whole thing has sucked and we’re over budget elsewhere, but we dodged a bullet on that part.
Posted on 1/18/21 at 9:32 am to HubbaBubba
I own a pine sawmill
AMA
AMA
Posted on 1/18/21 at 9:33 am to Klark Kent
quote:
and the effect on the housing market as a whole?
The housing market is in deep doo-doo for a lot of reasons but you wouldn't know it by the new construction track home builders are popping up. The cost of homes has far outpaced income levels for too long. The restrictions on evictions due to COVID only delayed a 2020 correction IMO but it will ultimately make the correction worse. We are seeing another bubble but no one believes it because they say too many people have too much equity. That may be true to a degree but you need buyers that can afford your house for that equity to matter.
This post was edited on 1/18/21 at 9:36 am
Posted on 1/18/21 at 9:34 am to The Goon
quote:
Why the rapid rise in prices? I thought their was a glut of pine trees on the market.
Plenty of pine trees. But not nearly enough mills. Between 2007 and 2010 the SE lost 40% of its pine sawmills to the Great Recession.
Now demand is greater than before the Great Recession. But there's not nearly as many mills.
They built three in Alabama the past two years. Three will be completed in Mississippi and two in Louisiana this year.
Posted on 1/18/21 at 9:35 am to fallguy_1978
quote:People spending their stimmy's.
What's causing the spike?
Popular
Back to top
Follow TigerDroppings for LSU Football News