john14_18
SWCA Member
Lowes announced a layaway program today for their 8' 2x4's.
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LUMBER PRICES HAVE GOTTEN SO HIGH THAT-
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I recently built a section of cedar picket fence less than 12' long. Cost of materials was over $300. Each piece of lumber was about 2x the price I expected.
For a woodworking project, I found that 3/4" oak plywood was cheaper than 3/4" BC pine plywood for a 4x8 sheet.
Things are crazy. Not sure if your post was a joke, but it is certainly plausible.
Mike
For a woodworking project, I found that 3/4" oak plywood was cheaper than 3/4" BC pine plywood for a 4x8 sheet.
Things are crazy. Not sure if your post was a joke, but it is certainly plausible.
Mike
... so bad that the Border Patrol is now finding smuggled lumber hidden in cocaine shipments 
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Aint that something? I'm building a garage and every sliver of wood going into it is coming from the local sawmill, at a 1/4 the price. Was never like that before.
I think the last time I bought 1/2” cdx it was maybe $20!
Protocall_Design
Vendor
Me too! And now, it's not even a full 1/2" any more! Just like the ever shrinking chocolate candy bars. Less and less product for more and more money.
I'm gonna haul all the old lumber out of the barn and set up a roadside stand ...
Try plumbing.
1/2 type L copper pipe has doubled in price since last August. I haven't priced any lately, but I'm pretty sure romex wire has gone up a lot.
Water heaters are scarce, especially natural gas models.
It's a bad year to build a house.
1/2 type L copper pipe has doubled in price since last August. I haven't priced any lately, but I'm pretty sure romex wire has gone up a lot.
Water heaters are scarce, especially natural gas models.
It's a bad year to build a house.
snowman
Member
I worked at a lumber company for many years until 2010. My memory isn't the best anymore, but I'm thinking that I used to sell it for $12-15. I'd like to know the story behind the current situation.
Regards,
Andy
meaneyedcatz
Member
A flatbed on the highway full of lumber is the current brinks truck
Many home builders around here are exercising their contractual right to cancel because they cannot build the house for the original quoted price.
Golphin
Member
Here at Lowes a sheet of 4x8 southern yellow pine plywood is $75.00 a sheet before tax.
OP
john14_18
SWCA Member
I talked to a friend of mine who is a contractor that said that when Covid hit last year, a lot of lumber companies were forced to close for a period of time or went out of business. Over a period of time, the backlog kept building up. Now that things are semi-normal, the demand far exceeds the supply, hence the high prices. Also, throw in that gas prices have doubled within the last 5 months which caused transportation costs to go up. He expects it will be late fall before prices go down close to normal.
In Alabama, where I live, an 8 foot 2x4 at Lowes is $9 each and most of them look like seconds or thirds. I had to buy a 3/8" sheet of 4x8 plywood 2 months ago and it was $72. Won't be seeing a lot of new homes built and that is why used homes in my area are now being bid on and stays on the market for maybe 2 days. My neighbor recently put his on the market and the highest bid was $15k more than his asking price. The realtor listed it for 3 days and it sold in two. Definitely a seller's market here.
In Alabama, where I live, an 8 foot 2x4 at Lowes is $9 each and most of them look like seconds or thirds. I had to buy a 3/8" sheet of 4x8 plywood 2 months ago and it was $72. Won't be seeing a lot of new homes built and that is why used homes in my area are now being bid on and stays on the market for maybe 2 days. My neighbor recently put his on the market and the highest bid was $15k more than his asking price. The realtor listed it for 3 days and it sold in two. Definitely a seller's market here.
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len917
Member
The increased prices are mostly on lumber (soft woods etc.) sold as a comodity where hardwoods are not. A lot of the problem with price is that the soft wood comes mainly from Canada and there is a tarrif by Canada attached. The hardwood is mainly from N/E and mid-west US.
LVSteve
Member
Guy I know has signed a contract for a house to be built in TN. Builder has since mentioned that the place has appreciated by $50k or more before ground has been broken simply because of the increase in the price of lumber. I'm waiting for the builder to pull the rug. We shall see.
