To love ... is to be vulnerable.
Sights, sounds and living at the Jersey Shore. From Mansions to sand castles, waterfront or waterviews, condos or town houses. This blog is created as an interactive resource for all your real estate needs and concerns and as a venue for sharing stories about the Jersey Shore and its towns, a place I love. Feel free to add your voice to this forum. I want you to be heard.
Monday, February 14, 2022
Lumber $$$ Skyrocketing Again.. No end to expensive housing
Lumber prices are skyrocketing again; even though in the second half of 2021 they stabilized to pre-pandemic pricing.
Why is this happening again?
Climate change, heavy rain and flooding in Canada has disrupted the supply chain. This has a massive repercussion in the US market since 25% of the lumber comes from Canada. Then there is the environmental reason for the beetle infestation. Also the US has doubled the tariffs on imports from Canada on the softwoods.
What does this mean to us in Real Estate?
It’s been said that lumber has gone up 200%.
This puts enormous pressure on the builders building new homes, making housing more expensive.
# #realestate #newhomes #housing #building #building #supplychain #canada #climatechange #climatechange #environmental #gloribee #nj #sebright
Saturday, February 12, 2022
Wednesday, February 02, 2022
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