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?

Image from titlestream.com

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

Blog author image

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....

Latest Blog Posts

"Is the housing boom over?"

This is a question that I get asked on a daily basis.  I give the same answer.  "Its feel like things are slowing down...  Things naturally slow down when school starts...but you

Read More

Bathroom Item Maintenance

Do you ever read something, and then wish you hadn't?  Yup, that's this article!  But, it is also an article you can't stop reading because you're wondering what's coming next!Image from

Read More

Quick Updates for a Happy Kitchen

Are you standing at the sink doing dishes loathing the space you're in?  Maybe you're spinning in circles trying to prep?  Are you digging through the pantry trying to find something

Read More

Quick tips on decluttering

Having a clean home is so important. I think we all are so busy in life but having a clean and organized home is such a healthy lifestyle and brings such good energy to your life. I found

Read More