May

12

Lumber, from Ken Drees

May 12, 2010 |

granite countertopThere may be quite a lag from these lower lumber market prices to the lumber yard. I would suspect that building materials and lumber may soften somewhat in the mid to late summer as inventory builds from lack of construction. Plus or minus inflationary expectations this summer of course. Home trends now favor small additions and living upgrades since more and more people are now stuck where there are and are resolved to that fact and may now start adding smaller upgrades like saunas, attic renovations (for the move back in with mom and dad grad), hot tub decks and so forth. If you can't move then improve!

The over the top granite counter tops and stainless steel appliance kitchen home equity loan draw days are over. People are paying cash moreso than adding debt to fund home improvements.


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