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Re: Will lumber prices drop?
[Re: ReelBusy]
#13959013
04/13/21 10:17 PM
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Joined: Sep 2008
Posts: 121,172
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,172 |
I want to know why the lumber prices are so high with the timber prices being at an all time low right now. This would be a guess. Mill capacity is weak due to past years and only mediocre demand. Meanwhile with record low interest rates building construction is very high. The result is high demand and low supply. It's just the market. Metals are very high right now too especially copper (wiring). We are in the middle of building project and it was explained to me that lumber prices are due to a mix of west coast fires last year, covid (mills not working all shifts) and demand. Same for steel. $96 for a sheet of 3/4 plywood is crazy. we get a double butt load of wood from canada, a lot of our domestic is oregon/washington/southern states. my best guess is shortage of workers, cos. shut due to state bs mandating more bs and way too many people wanting new homes instead of a rehab. we just today got quoted 140.00 sf for a 500 sf apt here (I may be moving in the future. lol). told the owner if they pay that much I will quit and build it for them. stupid contractor, one exterior wall is already built.
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Re: Will lumber prices drop?
[Re: Bigbob_FTW]
#13959015
04/13/21 10:19 PM
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Joined: Dec 2007
Posts: 14,469
bloo_rainger
TFF Guru
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TFF Guru
Joined: Dec 2007
Posts: 14,469 |
so to be clear, all of us need a new fence? To be clear. Yes I do. Supposed to be going in with the neighbors in a couple weeks. We shall see...
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Re: Will lumber prices drop?
[Re: RussellWayne]
#13959031
04/13/21 10:30 PM
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Joined: Jan 2005
Posts: 14,482
jcarring99
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 14,482 |
By the way the decking material for that big deck went up a $1000 from the time I wrote the proposal until the time it was accepted and we ordered materials. Ridiculous
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Re: Will lumber prices drop?
[Re: JCG57]
#13959051
04/13/21 10:42 PM
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Joined: Dec 2005
Posts: 4,734
gander
TFF Team Angler
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TFF Team Angler
Joined: Dec 2005
Posts: 4,734 |
Good fences make good neighbors. LOL..yes they do
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Re: Will lumber prices drop?
[Re: RussellWayne]
#13959058
04/13/21 10:47 PM
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Joined: Jul 2010
Posts: 75,759
banker-always fishing
Pumpkin Head
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Pumpkin Head
Joined: Jul 2010
Posts: 75,759 |
Not anytime soon!
IGFA World Record Rio Grande Cichlid. Lake Dunlap. John 3:16 Sinner's Prayer. God forgive me a sinner. I accept Jesus Christ as my Savior !
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Re: Will lumber prices drop?
[Re: jcarring99]
#13959066
04/13/21 10:55 PM
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Joined: May 2003
Posts: 16,309
Chris B
TFF Guru
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TFF Guru
Joined: May 2003
Posts: 16,309 |
By the way the decking material for that big deck went up a $1000 from the time I wrote the proposal until the time it was accepted and we ordered materials. Ridiculous Tell me about it. Just dropped a house package $42,000 over budget. We will be building this one for free. And we really don't need the practice.
I hate photobucket.
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Re: Will lumber prices drop?
[Re: RussellWayne]
#13959068
04/13/21 10:57 PM
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Joined: May 2003
Posts: 16,309
Chris B
TFF Guru
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TFF Guru
Joined: May 2003
Posts: 16,309 |
With the shortages we are starting to see there is no way prices are coming down for at least a year.
I hate photobucket.
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Re: Will lumber prices drop?
[Re: Chris B]
#13959076
04/13/21 11:03 PM
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Joined: Sep 2008
Posts: 121,172
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,172 |
With the shortages we are starting to see there is no way prices are coming down for at least a year. or more, went thru this with cedar and the dam spotted owl, mahogany was cheaper than redwood for decks (colorado, everyone wanted dam redwood). our full pkg was quoted and substantial down payment made before we ever started one, got locked in on lumber before we started dirt.
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Re: Will lumber prices drop?
[Re: RussellWayne]
#13959081
04/13/21 11:06 PM
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Joined: Nov 2002
Posts: 54,454
RayBob
Super Freak
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Super Freak
Joined: Nov 2002
Posts: 54,454 |
So maybe I should go ahead and buy that portable sawmill.
Advice? Wise men don't need it. Fools won't heed it.
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Re: Will lumber prices drop?
[Re: RussellWayne]
#13959084
04/13/21 11:10 PM
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Joined: Dec 2008
Posts: 16,181
grout-scout
TFF Guru
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TFF Guru
Joined: Dec 2008
Posts: 16,181 |
It will have to come down, always has before. I need a fence for a house we built a few months ago, wife’s bugging the hell out of me for a fence, I’m not giving those greedy mofo’s a dime right now.
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Re: Will lumber prices drop?
[Re: Chris B]
#13959094
04/13/21 11:22 PM
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Joined: Jan 2005
Posts: 14,482
jcarring99
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 14,482 |
By the way the decking material for that big deck went up a $1000 from the time I wrote the proposal until the time it was accepted and we ordered materials. Ridiculous Tell me about it. Just dropped a house package $42,000 over budget. We will be building this one for free. And we really don't need the practice. Haha isn’t that the truth! That kind of takes some of the joy out of it doing it for free!
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