The Lumber Shortage and You

Dated: July 19 2021

Views: 77

If you haven't heard by now, the cost of lumber went crazy due to shutdowns during the pandemic.  Prices have been decreasing and are starting to normalize...How does this effect real estate and you?

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Inventory has been extremely tight over the past few years.  A great solution was to build a new construction home.  You weren't competeing with multiple offers, prices were reasonable and you could get everything you wanted in a home.

That has since changed.  The lumber shortage forced builders to increase costs like crazy and what seemed like every other day!  Fast forward to now, the price of lumber has dropped, but most builders are still clinging to that expensive price tag.

The best solution...don't give the builders what they want.  Have a good agent that can find you a great resale home or negitionate the price of a new construction home. ;)

Check out new construction prices in Douglas County!

Douglas County Real Estate - Greater Than Group, EXIT Realty DTC. Stephanie and Mitchell Sawin focus on mentoring clients beyond the bounds of real estate. Helping people in Castle Rock and surrounding Denver metro communities create a future and reach life goals while using real estate as a tool. Not just buying a house, buying a future.  Please contact directly via phone or text: Stephanie 720-306-1492 or Mitchell 303-506-4525

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Stephanie Sawin

REALTOR, Stephanie Sawin, is a firm believer that investing in real estate is one of the best investments you will probably make in your lifetime. Whether you're buying your first home, your first in....

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