• What happened to the price of wood? For builders and buyers, the lumber is a bummer - THE ROAD TO HOMEOWNERSHIP PODCAST

  • Jul 20 2021
  • Length: 16 mins
  • Podcast

What happened to the price of wood? For builders and buyers, the lumber is a bummer - THE ROAD TO HOMEOWNERSHIP PODCAST

  • Summary

  • Today we are exploring this lumber bummer trend that made the price skyrocket.

    But why and what does this do to the housing market? What to expect next?

     

    Nearly every aspect of home construction necessitates lumber – framing, trim, doors, flooring, windows, railings, and cabinets. The pandemic shut down lumber mills across the country, and supply chains were slowed by a shortage of truck drivers. Low-interest rates and a lack of existing inventory increased demand for new construction, and all that new construction increased demand for lumber. It’s a perfect storm of demand outpacing supply.

     

     

    The is THE ROAD TO HOMEOWNERSHIP PODCAST Home Buyer and Seller Guide, all the information you will need to understand the process of home-selling or home buying :)

    We are 2 real estate agents from Milwaukee, (Wisconsin) Erin, and Laetitia, talking real estate. Join us and get insights about buying your home or selling your house or both.

    The Boutique Team is brokered by Coldwell Banker in Wisconsin. This podcast is not intended to be anything more than advice based on our realtor's experiences. We do not give any legal advice.

    Check our website:    http://www.theboutiqueteam.com Contact us:                 boutiqueteamre@gmail.com Text us or call us:      262 227 4545 and 414 737 9576

     

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