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re: Building a Home in the current climate - Question
Posted on 1/27/21 at 3:49 pm to Pleasenewdc
Posted on 1/27/21 at 3:49 pm to Pleasenewdc
The price of material is through the roof right now... windows, doors, etc can take significant time to get in...
However, interest rates are so low right now, you are kinda crazy not to go ahead and try to get it locked in...
However, interest rates are so low right now, you are kinda crazy not to go ahead and try to get it locked in...
Posted on 1/27/21 at 3:53 pm to The Maj
we started a remodel last year and dodged the first lumber jack with original quote... then we didn't start for months, lumber dropped, we started building, and right when we finished with lumber parts, they skyrocketed. we managed to get in there with a 3% interest rate.
it was accidental, but we dodged the lumber price jumps and got the low interest rate.
market is volatile right now. lumber is up. production is about to be slowed. logistics is about to get jacked with gas prices and the possibilities there.
i'd either build right now before it gets real bad or wait a year or two to see if things settle down.
it was accidental, but we dodged the lumber price jumps and got the low interest rate.
market is volatile right now. lumber is up. production is about to be slowed. logistics is about to get jacked with gas prices and the possibilities there.
i'd either build right now before it gets real bad or wait a year or two to see if things settle down.
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