Lumber Prices
Business for Dallas-Fort Worth homebuilders has changed drastically since the onset of the COVID-19 pandemic. While demand for new housing stock created market conditions that had builders canceling contracts with buyers and cutting out agents, a new report from the National Association of Home Builders shows a steep decline in outlooks for homebuilders in the…
Read More
When President Trump authorized a tariff on Canadian lumber, the act was hailed as a way to protect domestic industry in a time when cheaper imports were drawing more and more dollars across our borders and overseas. However, with the coronavirus wreaking havoc on labor and staffing, and many sawmills going idle in anticipation of…
Read More
You’ve heard it here frequently: Building materials cost more now than they have ever before. It’s hitting home builders on all price points, from entry-level markets to higher-end custom homes. But what happens when the cost for materials blows the sales price on the contract out of the water? How much (or little) should a…
Read More
After months of dealing with COVID-19 issues, who would have predicted that one of the biggest hindrances caused by the virus would be the soaring price of lumber. Not a day goes by without someone mentioning how the price of materials, especially lumber, continues to cause delays and increases in the overall price of new…
Read More
By Phil Crone Executive Officer, Dallas Builders Association Make no mistake, residential construction has largely thrived despite the COVID-induced disruptions and despair that have crippled so many other industries. Fueled by record-low mortgage rates and demand induced by the newfound importance of home, all of the ingredients are there for 2021 to set an all-time…
Read More
