The High Cost of Lumber These Days

Ok, it’s not funny anymore. In fact, it has become downright painful. We read about it in the print news and see it everyday on the news networks, the cost of lumber is insane! Not only has the cost skyrocketed during the last eighteen months, but the quality of the available material is not what it used to be. That is if you can even get material at all. We are receiving regular price increase notices, sent to our office from our suppliers and distributors. These price increases are not limited to lumber, but also include roofing and exterior finishing products. During a normal annual building cycle we expect to see at least one moderate price increase. We have already received several price increases in the first quarter of 2021 alone. Lumber was being requoted every two weeks, now it is updated daily.