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Started By
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re: A 2x4 stud was $1.87 give or take just 2 years ago. $8.25 each currently
Posted on 3/27/22 at 9:54 am to SulphursFinest
Posted on 3/27/22 at 9:54 am to SulphursFinest
quote:
Guess I’ll wait on building a new deer stand
Thank god we got all the ones built that we need a couple years ago.
This post was edited on 3/27/22 at 9:57 am
0
Posted on 3/27/22 at 9:55 am to stout
quote:
I bought some brick moulding yesterday and PVC trim is now cheaper to buy than wood. PVC brick moulding is $1.81 per LF but wood is $2.03 per LF. I have never seen PVC cheaper than wood until now.
As a builder, I don't think people outside of the industry realize how insane this is. If there is a silver lining to the increased cost of wood trim, it is now easier to digest finishing out bathrooms/laundry/mud rooms with PVC trim rather than wood.
Posted on 3/27/22 at 9:56 am to GeauxTigers0107
quote:
And people are still building houses like they're going out of style. It's financial dumbassery imo.
Maybe...but maybe not. Houses arent gonna go down to 2008 levels ever again. There is just too much money supply. I think prices just keep getting higher because the dollar is worth so little
Posted on 3/27/22 at 9:57 am to stout
Must be the bogeyman Donald Trump. Supreme Leader Biden and his Cabal would never do anything to hurt the US or its economy…
Posted on 3/27/22 at 9:57 am to Basura Blanco
New construction is being delayed in the DC area as some of our projects are coming in 30% above budget. Architecture industry is about to take a hit.
Posted on 3/27/22 at 9:58 am to stout
Posted on 3/27/22 at 9:58 am to stout
It's crazy. I'm finishing up a remodel and want to fight someone every time I have to go pickup lumber!!!
Posted on 3/27/22 at 9:59 am to stout
(no message)
This post was edited on 1/30/25 at 5:36 pm
Posted on 3/27/22 at 10:00 am to stout
This post was edited on 4/7/22 at 10:29 pm
Posted on 3/27/22 at 10:03 am to rds dc
quote:
I'm finishing up a remodel and want to fight someone every time I have to go pickup lumber!!!
For my baseboards, I want 6" tall base with a slight round over on top. Those boards pre-primed are $24 for a 12' stick. I have been buying 2x6 boards and running them through my band saw to get two out of one then I plane it, run it through a drum sander, and route the top. It takes a bit of effort but I also needed over 1200 LF of it and didn't want to spend $3000 on just base.
This post was edited on 3/27/22 at 10:05 am
Posted on 3/27/22 at 10:04 am to StringedInstruments
quote:
credit card business is swimming in people’s future problems.
Ding ding ding. We have a winner. alot of people living beyond their means and some don't even know it. They'll be the first asking for a handout when the shite hits the fan.
Posted on 3/27/22 at 10:05 am to StringedInstruments
I recently bought a new house in the Houston area. The market is crazy. If you wanted a house, you had to come in about $20k over asking price or you were going to get out-bid.
I instead went with a new home. From when I started looking at houses to when I actually bought a house a few months later, the house I bought had increased in price by about $50k.
For the house that I sold, we put it on the market for $350k, which I thought was $20k higher than I would have priced it. But I trusted my realtor. We had an open house 2 days in a row, and after the second day we had 6 offers, and two of the offers were $30k over asking price. 2 other offers were from people in Chicago who never even saw the house in person. So I was expecting to put it on the market for about $330k, and it sold for over $380k.
The market is absolutely bananas.
And these builders are having some trouble getting materials. Various things had to be changed or delayed in the build because of supply chain issues.
I instead went with a new home. From when I started looking at houses to when I actually bought a house a few months later, the house I bought had increased in price by about $50k.
For the house that I sold, we put it on the market for $350k, which I thought was $20k higher than I would have priced it. But I trusted my realtor. We had an open house 2 days in a row, and after the second day we had 6 offers, and two of the offers were $30k over asking price. 2 other offers were from people in Chicago who never even saw the house in person. So I was expecting to put it on the market for about $330k, and it sold for over $380k.
The market is absolutely bananas.
And these builders are having some trouble getting materials. Various things had to be changed or delayed in the build because of supply chain issues.
This post was edited on 3/27/22 at 10:11 am
Posted on 3/27/22 at 10:06 am to Horsemeat
quote:
This bubble is going to pop and it's going to be painful for a lot of people.
But the foreclosure buying lobby is gonna get fat rich. Then the banks are gonna get bailed out again.
Pay no attention to the man behind the curtain.
Posted on 3/27/22 at 10:07 am to stout
i’ve been told by some of the OT that they haven’t noticed inflation.
Posted on 3/27/22 at 10:08 am to stout
quote:
a 2x4 stud was $1.87 give or take just 2 years ago. $8.25 each currentl
Posted on 3/27/22 at 10:09 am to lechateau
quote:
There is just too much money supply. I think prices just keep getting higher because the dollar is worth so little
While that is certainly contributing to the blowing up of construction costs, in a lot of areas (gulf coast especially), it was a strong sellers market long well before covid and inflation.
Posted on 3/27/22 at 10:11 am to PrimeTime Money
quote:
And these builders are having some trouble getting materials. Various things had to be changed or delayed in the build because of supply chain issues.
I have been assisting a friend and fellow OT member in fixing his house from the hurricane last year. Ask him about getting doors and cabinets right now. Been waiting 8 weeks for both. Everything else is finished but we can't get him into the house over those two things. Aggravating.
Posted on 3/27/22 at 10:12 am to stout
We just bought a new house. We paid $350k, it appraised for $363k. It was a new build 2.5 years ago and it sold for $270k.
Sold my house that I bought 3.5 years ago. It’s 9 years old. Paid $210k for it then. Sold it for $330k, and they paid cash, $15k over asking.
The market is nuts.
Sold my house that I bought 3.5 years ago. It’s 9 years old. Paid $210k for it then. Sold it for $330k, and they paid cash, $15k over asking.
The market is nuts.
This post was edited on 3/27/22 at 10:13 am
Posted on 3/27/22 at 10:13 am to stout
Bout to sell my DR Horton starter home in Austin for $700k.
Posted on 3/27/22 at 10:13 am to stout
About to remodel mine. Lord have mercy.
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