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Watching the price of lumber
Posted on 5/5/21 at 2:09 pm
Posted on 5/5/21 at 2:09 pm
I'm wondering if I should sell my house for parts.
21
Posted on 5/5/21 at 2:09 pm to Ajo Devil
Something has to give
Posted on 5/5/21 at 2:10 pm to Ajo Devil
I have heard that now is a good time to buy trees.
Posted on 5/5/21 at 2:10 pm to Ajo Devil
Mobile home wood is not real lumber
Posted on 5/5/21 at 2:11 pm to Ajo Devil
You know the funny thing is contractors just leave all that wood exposed and unguarded while building...if a person were so inclined to go looking for wood.
Posted on 5/5/21 at 2:12 pm to East Coast Band
There's gotta be a morning wood joke in there somewhere.
Posted on 5/5/21 at 2:12 pm to Ajo Devil
you should see steel
Posted on 5/5/21 at 2:12 pm to Ajo Devil
Subtle "i own a house" brag thread is subtle.
Posted on 5/5/21 at 2:13 pm to Ajo Devil
quote:
Watching the price of lumber
Good way to get whiplash.
Posted on 5/5/21 at 2:18 pm to dbeck
im starting to see people using metal frame for residential purposes now. never thought I would see the day that happened.
Posted on 5/5/21 at 2:25 pm to 225Tyga
quote:
have heard that now is a good time to buy trees.
You’d think that to be true, but that is not the case. There is no shortage of the timber supply. We can’t even get a logger to come in and thin ours right now. The land owners aren’t making anymore than usual, but are having to wait to get cut. Heard of some having to be put on a waiting list.
The bottleneck is at the mills. With so many shutting down in the past couple of years, and others only running minimal output the last year thank to China virus, the supply of lumber is low.
This post was edited on 5/5/21 at 2:43 pm
Posted on 5/5/21 at 2:34 pm to 225Tyga
quote:
I have heard that now is a good time to buy trees.
The price of lumber is going up. The price for timber is not going up. The yards are making money hand over fist. The loggers and tree farmers are not making any more than usual. This is for pine, not sure about hardwood.
This post was edited on 5/5/21 at 2:45 pm
Posted on 5/5/21 at 2:37 pm to go ta hell ole miss
quote:
The yards are making money had over fist.
Of the 5 big ones, 3 are publicly owned so you can see their financials. They are absolutely booming. The only thing is the financial world has started saying hyper inflation. So this price may become the new normal.
Posted on 5/5/21 at 2:38 pm to SouthernStyled
quote:
You know the funny thing is contractors just leave all that wood exposed and unguarded while building...if a person were so inclined to go looking for wood.
You say that, but I've noticed on several new neighborhood developments that the contractor has installed security camera units at all the entrances and exits. The price of scrap copper is about triple than normal right now too, that would be worse than the lumber to lose because you can put a lot more of that in the bed of a pickup than the lumber.
Posted on 5/5/21 at 2:40 pm to Ajo Devil
Get ready for the price crash of lumber. Cause it is coming.
Posted on 5/5/21 at 2:40 pm to Ajo Devil
Posted on 5/5/21 at 2:41 pm to zatetic
quote:
Of the 5 big ones, 3 are publicly owned so you can see their financials. They are absolutely booming. The only thing is the financial world has started saying hyper inflation. So this price may become the new normal.
There's a new lumber mill that was built last year in Lufkin, TX. State of the art, pretty much all automated. Talked to the owner not long ago, and they're going to pay off that mill in half the time they originally projected. Making a killing and running 24/7. Thinking about building another one.
Posted on 5/5/21 at 2:42 pm to biohzrd
quote:
The bottleneck is at the mills. With so many shutting down in the past couple of years, and others only running minimal output the last year that into China virus, the supply of lumber is low.
You can go to Home Depot and see it stocked full of lumber. Doesn’t seem like the supply is low
Posted on 5/5/21 at 2:45 pm to SouthernStyled
quote:
You know the funny thing is contractors just leave all that wood exposed and unguarded while building...if a person were so inclined to go looking for wood.
Good friend of mine is a home builder and he had $12K worth of lumber stolen from a job site.
He is now hiring armed security to watch his sites.
Posted on 5/5/21 at 2:47 pm to lowhound
quote:
Lufkin, TX
I grew up just south of there. That area needed something good to happen.
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