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Message
re: Lumber Falling
Posted on 6/4/22 at 2:04 pm to TigerFanatic99
Posted on 6/4/22 at 2:04 pm to TigerFanatic99
quote:
The question is will big box stores and builders pass the price drop on to end consumers or just take the profits on the previously inflated prices.
Will probably vary from area to area based on competition. Will take awhile to see the drop for consumers. There's certainly no shortage of lumber.
Posted on 6/4/22 at 9:43 pm to SmackoverHawg
With diesel closing on on $6 a gallon I wouldn't expect much drop in prices even if the wood is cheaper. I thought the trucking industry was screwed up last year, this year its even worse. Loads cost almost double from last year when you can find a truck.
Posted on 6/15/22 at 10:06 pm to TxWadingFool
We ended up saving about $6K from our previous lumber quotes. Framing began today.
Posted on 6/15/22 at 11:45 pm to Upperdecker
quote:
Building demand is falling quickly.
LOL
quote:
Builder’s prices are already coming down fast
Let's see. Where.
quote:
Mortgage rates killed that market quickly
No
Posted on 6/15/22 at 11:46 pm to TigerFanatic99
quote:
The question is will big box stores and builders pass the price drop on to end consumers or just take the profits on the previously inflated prices.
Unlikely, the Euro supply is low, so much they are importing from the eastern US for Ukraine.
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