don't buy any lumber right now...

[2FORCEFULL]

lumbers @ $18 a board ft right now,... it gonna drop to $3.50 by end of summer... all these guys that stock piled wood will be stuck with wood..

 

[satellitemike]

hope you are right Steve!

 

[Ziggy]

Hope so.
Wasn't a guy at the boat ramp that told ya was it?

 

[DarkHorseRacing]

I sure hope so, I need a new roof and I'm not paying $1000 for each piece of plywood. Hoping to get it done before winter.

 

[cofooter]

Shit, and I hoarded it at $18, guess I'm screwed.......

 

[Rbcconst]

lumbers @ $18 a board ft right now,... it gonna drop to $3.50 by end of summer... all these guys that stock piled wood will be stuck with wood..

You wont see the savings until the stock pile is bought at full price.


Sent from my iPhone using Tapatalk Pro

 

[2FORCEFULL]

You wont see the savings until the stock pile is bought at full price.


Sent from my iPhone using Tapatalk Pro

Pretty sure it will be hush hush, just putting it out there about whats coming down the road..

 

[TITTIES AND BEER]

18 mil project will go on to 19 mil the rabbit won’t stop

 

[ridebig]

I hope your right but inflation is gonna take over. Thanks to liberal spending and over regulation. Again I pray your right!

 

[HB2Havasu]

Yeah I seen Lumber on the commodities market got the beat down today. Hopefully it keeps going down to Pre-Covid Pricing?

 

[Bobby V]

Pretty sure it will be hush hush, just putting it out there about whats coming down the road..

What do you know about steel prices.

 

[Racer56]

Good thing I ordered 50K+ board feet three weeks ago. Hopefully I use it all up by the time lumber drops significantly so it doesn't fuck with my head.

 

[Racer56]

What do you know about steel prices.

My steel suppliers are saying there will be no movement downward before the end of the calendar year and there is a chance of another price increase.

The demand for steel is strong and most Mills are at capacity with full order book through the beginning of next year already.

 

[HNL2LHC]

Thank you Steve being that I have the RV starting in the fall. Maybe I have to push it out a bit but then I have to pay taxes on the $$$$$

 

[DirtyWhiteDog]

I've got about 15 sheets of 1/2" OSB I bought in 09, I'm open to offers for a jet bote or pontoon.

 

[78Southwind]

Sent this to my Dad earlier today. He asked me if that was per sheet...

Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says

https://markets.businessinsider.com...look-august-analyst-commodities-prices-2021-7

 

[CarolynandBob]

What do you know about steel prices.

HRN00 | HRC Steel Futures Continuous Contract Overview | MarketWatch

HRN00 | A complete HRC Steel Futures Continuous Contract futures overview by MarketWatch. View the futures and commodity market news, futures pricing and futures trading.

www.marketwatch.com

 

[Echo Lodge]

Fox Business: Despite lumber price plunge, high prices here to stay: experts.

Despite lumber price plunge, high prices here to stay: experts

Homebuilders are not out of the woods just yet despite lumber prices plunging off historic highs and into negative territory for the year.

www.foxbusiness.com

 

[HB2Havasu]

Fox Business: Despite lumber price plunge, high prices here to stay: experts.

Despite lumber price plunge, high prices here to stay: experts

Homebuilders are not out of the woods just yet despite lumber prices plunging off historic highs and into negative territory for the year.

www.foxbusiness.com

You have to remember all News Media are paid to sensationalize everything. The house market is based on Supply & Demand. That is what drives home prices not some analyst, lol. The commodities market is a great tool to indicate where the economy is going. If Lumber is one indicator it looks like new housing starts are about to pump the brakes.

 

[RodnJen]

Yeah I seen Lumber on the commodities market got the beat down today. Hopefully it keeps going down to Pre-Covid Pricing? View attachment 1025663

Credit analysts that focus on this space have been saying this for weeks. The industry shut down production due to unknowns about COVID. Now they are catching up at the expense of the consumer.

 

[2Driver]

Makes sense.

Seems like once the demand backlog gets satisfied and loggers and mills catch up, it should price closer to pre-covid prices

 

[Yoshiro]

The loggers Oregon worked through covid, it's the mills that shut down. The loggers didn't get any of this extra $$, the mills are getting it all.

 

[Bigbore500r]

What do you know about steel prices.

No shit! Getting hammered on steel

 

[78Southwind]

A little off topic here so I will probably create a new thread but here goes anyways. I need a new garage door so I called A & N Garage Doors in Bullhead. It took them two weeks to come out. I got a really good guy to come out and take the measurements. Once I order the garage door, it's going to take 6 weeks to get the garage door.

When I called I had my friends garage door information (same garage door and size) since he got a new garage door back in 2018 from the same company. He paid $593, they quoted me $1,167. I asked them why so high, that the price is almost double what my friend paid three years ago. She blamed it on wood and metal price increases. There is probably less than 2ft of wood needed for mounting of the garage door spring (shit I have a couple 2x4's in the garage they can use). She said that they have had four price increase since 2018 and the last two were with in this year. That seems crazy to me, I mean we're not talking about a 2000 7.3 F-250.

 

[Bobby V]

A little off topic here so I will probably create a new thread but here goes anyways. I need a new garage door so I called A & N Garage Doors in Bullhead. It took them two weeks to come out. I got a really good guy to come out and take the measurements. Once I order the garage door, it's going to take 6 weeks to get the garage door.

When I called I had my friends garage door information (same garage door and size) since he got a new garage door back in 2018 from the same company. He paid $593, they quoted me $1,167. I asked them why so high, that the price is almost double what my friend paid three years ago. She blamed it on wood and metal price increases. There is probably less than 2ft of wood needed for mounting of the garage door spring (shit I have a couple 2x4's in the garage they can use). She said that they have had four price increase since 2018 and the last two were with in this year. That seems crazy to me, I mean we're not talking about a 2000 7.3 F-250.

Took me 10 weeks to get my garage doors in Yorba Linda. Ordered it in Jan. 2021. Glad I got it before the prices went up.

 

[NicPaus]

Garage door I used to pay $1200 installed for is now $2000.