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Just curious about how this "recession with teeth" is affecting the prices in your region. Construction rate is way down in North America and beyond. What are you noticing re prices of plywood, lumber, sheet-rock, roofing, fasteners, etc?
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Tue, March 17, 2009 - 7:06 PMI have noticed any big sales, but certainly prices are not going up anymore.
New residential construction is way down here in Austin, but the economy and housing markets have not tanked here. There is still a lot of commercial construction and downtown high rise condo construction going on. People continue to remodel.
A lot of people are getting laid off, however, so we shall see.
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Re: Lumber & materials prices dropping, where you live?
Tue, March 17, 2009 - 8:53 PMI had to buy some heavy Romex recently and the prices varied wildly depending on where we called- so do call around, lots of places probably still have old contracts on prices from their suppliers, and are locked into the prices from back in the summer when some things (like metal) were really expensive. Not sure if the lumber industry is at all affected like metal and commodities are.
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Re: Lumber & materials prices dropping, where you live?
Wed, March 18, 2009 - 7:02 AM"Not sure if the lumber industry is at all affected like metal and commodities are."
Let's put it this way: The lumber INDUSTRY (and the plywood, OSB, etc industries) are definitely affected - big time! I live in a region that produces those sorts of wood and wood-fiber products, and the mills are shutting down, one after another.
When demand is low in relation to supply, prices (wholesale and retail) generally go down. And the demand is going down for all sorts of building materials - wood-fiber ones, brick, cement, adhesives, metal products, you name it.
I'm just wondering how that is playing out in the areas where Tribe members live. -
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Wed, March 18, 2009 - 7:10 AMEventually, the prices will drop if demand doesn't pick up, but merchants who bought wood when prices were still high who have not moved their old expensive stock yet are going to be hard pressed to lower their prices, and won't until the competition forces them to.
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Wed, March 18, 2009 - 3:12 PMWe had a remodel of our lobby and offices quoted last year by a local architect company that is handling the entire remodel, and just last month the quote was resubmitted and reduced in price due to a reduction in the price of materials and also companies bidding lower for the job... so yes this recession has definitely affected the prices of building materials.
I suppose there are always silver linings... and this is no exception. I have also noticed that they have been having a lot of sales at places like Home Depot and Lowes and other hardware and construction stores.
How about in your area? -
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Re: Lumber & materials prices dropping, where you live?
Thu, March 19, 2009 - 7:49 AMI asked a gen. contractor (NM) that..how lumber priced are compared to 2 years ago. He said about the same. I was considering having a 24 by 24 carport built with a metal roof and lowest bid was 17.00 a square foot and a high bid of 21.00 a square foot, which is around 9800.00 to 12,000.00.
I wait. I drive vehicles a long time and the 3 I have might be worth 12.000.00. -
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Re: Lumber & materials prices dropping, where you live?
Thu, March 19, 2009 - 10:15 AMMy in-laws just had a house built (in Washington State) and it didn't seem like the prices had fallen much talking to the contractor (although it was finished in December). What had changed was the availability of sub-contractors, material manufacturing and delivery, and even inspectors. The large decrease in home construction meant everything happened very fast, rather than getting dragged out waiting for materials or sub-contractor availability. -
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Fri, March 20, 2009 - 6:15 AMDemand for building materials is down wherever you see a Home Depot store closing or laying off employees.
I haven't seen that here in Austin, but nationally, they've had some closings and layoffs.
The local impact has been to stop the expansion of Home Depot. Seems like they opened a new store around here every year. The only new store lately was offset by them closing another store. -
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Re: Lumber & materials prices dropping, where you live?
Fri, March 20, 2009 - 10:30 PMlumber from the source has fallen from 56 cents a board foot down to 21 cents a board foot. -
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Fri, March 20, 2009 - 10:34 PMI got a great deal on some landscaping lumber today at Lowes.
But the service still sucked.
Also, the place was filled with weekend gardners buying supplies, but not a single contractor was to be found. -
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Re: Lumber & materials prices dropping, where you live?
Tue, March 24, 2009 - 1:39 AMlets take a moment to reflect on how much low's BLOWS.
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Re: Lumber & materials prices dropping, where you live?
Mon, March 30, 2009 - 4:50 PMI suppose it could be that stores will simply close. If the pattern is mainly to close retail outlets, then that may in effect limit demand (low retail supply plus low availability). And that may be reflected in the temporary or permanent closure of sawmills and sheet-rock & plywood plants.
I guess what I'm saying is that possibly there will be no huge glut of building materials in the N-American marketplace. That MAYBE demand and supply will be well enough geared to one another that we will not see much in the way of bargain prices.
It may be that there will be some good, reduced prices here and there, but the "sale prices" may be fleeting and scattered.
Any thoughts? What have you noticed is happening, most recently?
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Unsu...
Re: Lumber & materials prices dropping, where you live?
Tue, March 24, 2009 - 3:00 PMYou know what is strange though? Even though we have seen some construction prices dropping, as well as materials, we had a quote to rehab our 12 story building, as in, grind off a couple of inches of the "skin" of the 12 story building off and recoat it with Dryvit. Basically getting a new envelope for the building.
First it started off as $900,000, then it went to $1,500,000... then just last week it was upped to $1,900,000. I told our administrator that we should look for more bids... but haven't heard anything back yet.... Damn, doesn't that sound like just a bit of an increase?
It shouldn't be going up, it should be going down though with the lack of work, and companies wanting jobs...
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Re: Lumber & materials prices dropping, where you live?
Mon, May 4, 2009 - 3:04 PMI bought some cedar 2x4's last week, and the price was about $1 per bd ft (equalling $1000/1000 bd ft). I only bought 24 12-footers, so maybe I would have paid less per bd ft if I'd bought a whole lift of cedar 2x4.
Anyhow, what I paid is about what it would have cost a year ago - so no sign of a savings, at least at the yard I bought it from. I just went to the nearby local yard in my rural area, for convenience sake.
Anybody noticing any local trend with the prices on lumber, fasteners, drywall, roofing, tools, etc?
