- 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
Half of Lumber Dealers Now Sit on Excess Inventory in the U.S.
Posted on 8/13/21 at 7:17 am
Posted on 8/13/21 at 7:17 am
quote:
(Bloomberg) -- Almost half of U.S. lumber dealers and manufacturers reported excess inventories last month, a sharp turnround from a few months ago, when supplies ran so low they sparked price surges. In July, 49% of building-material dealers and manufacturers said they had excess lumber capacity, while none described their levels as “very tight,” in a survey by John Burns Real Estate Consulting
Lumber prices have come down from records in May, when sawmills were caught off guard with low inventories amid a surge in home building and renovation. Producers have since increased output, and a shortage of other building supplies such as siding and windows has slowed the pace of construction.
LINK
Yea go buy windows right now and get back to me. Just got a quote on my house just the windows with no install and it was nearly $18K for 25 windows. On top of that, the lead time is 2 months.
22
Posted on 8/13/21 at 7:18 am to stout
Waiting for prices to go up again due to fake false supply issues
So many liars and thieves out there in business today
So many liars and thieves out there in business today
Posted on 8/13/21 at 7:22 am to stout
What sucks is I was in line to build but I dont trust the leadership in the state and have moving companies on speed dial.
Posted on 8/13/21 at 7:22 am to stout
I'm a glass fabricator. We don't do windows, but we do insulating units and heavy glass stuff like shower doors. We've never been busier. For now, glass supply is still stable. There are rumblings that it's about to get tight, but I've heard those rumblings for 16 months now.
Posted on 8/13/21 at 7:29 am to stout
Welp, there goes my weekend. I've been using lumber prices as an excuse to put off re-doing my boat dock.
Posted on 8/13/21 at 7:32 am to stout
I hope they all bought heavy near the apex and a price war breaks out soon. frick that entire industry.
Posted on 8/13/21 at 7:36 am to stout
quote:
$18k for 25 windows
That’s cheap. I paid $1000/window for wood windows last year.
Lead time was ~6 months. Bought in March, installed in September. Relief Windows fwiw.
Posted on 8/13/21 at 7:49 am to stout
quote:
Almost half of U.S. lumber dealers and manufacturers reported excess inventories last month, a sharp turnround from a few months ago, when supplies ran so low they sparked price surges.
I keep reading this, but as I've mentioned before, supply didn't really seem to be the problem at just about all the places I've done business with over the past year. Both Lowe's and Home Depot stayed better stocked over the past year than I've seen in years. It wasn't just their normal inventory, either. Stuff I've never been able to find at Lowe's started showing up, like untreated 4×4s. Stuff they usually only carried some of was stacked to the rafters. Home Depot was more or less the same way. Both were still pulling and stacking contractor orders the whole time, too. The local mill/hardware store I do business with wasn't hit very bad, either, though it is harder to tell as they've given preference to builders more than individuals for years, but they still had most everything I went after.
I know it is anecdotal, but in my experience, supply wasn't the problem.
Posted on 8/13/21 at 7:50 am to stout
My mom's neighbor who manages a lumber yard told me to wait on fixing my mom's fence or putting a new one up. Says next year it should cost half.
Posted on 8/13/21 at 8:08 am to stout
quote:
Just got a quote on my house just the windows with no install and it was nearly $18K for 25 windows.
Well, that project goes to the back of the list
That’s insane
Posted on 8/13/21 at 8:18 am to stout
Great news. I'm getting ready to build a house.
Posted on 8/13/21 at 8:52 am to stout
25 windows???? I have a 4k+ square foot house with a lot of windows and its like 15 windows......
Posted on 8/13/21 at 9:01 am to stout
quote:
On top of that, the lead time is 2 months.
don't hold your breath on the 2 months
Posted on 8/13/21 at 9:07 am to stout
quote:
Yea go buy windows right now and get back to me. Just got a quote on my house just the windows with no install and it was nearly $18K for 25 windows. On top of that, the lead time is 2 months.
Window baw truck nuts [ON] | off
Posted on 8/13/21 at 9:19 am to stout
We’ve been soliciting quotes for 29 windows for our house. $19k on the low-end, $40k on the high-end. We’ve had lead times of 10 weeks to 6 months.
Posted on 8/13/21 at 9:20 am to stout
quote:
Yea go buy windows right now and get back to me. Just got a quote on my house just the windows with no install and it was nearly $18K for 25 windows. On top of that, the lead time is 2 months.
Windows are different than lumber.
But yes, everything for our projects has increased lead tiems.
Posted on 8/13/21 at 9:21 am to stout
The beef and used car market took the lumber dealers slack.
Posted on 8/13/21 at 1:42 pm to stout
Not bad from what I saw 2 months ago. Who gave you the quote?
Posted on 8/13/21 at 2:33 pm to stout
Stines in swla bought up a ton of inventory at peak price. A contractor buddy of mine told me the other day that he was getting bids on lumber to build a home for a client and stines was $30,000 more expensive than any of the other places he got bids from. Their shite is going to be sitting there a while.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News