Norfolk-based draftsman Roger Brummels says the impact of decreasing futures isn’t being felt quite yet. For Brummels, that means better prices will follow in the next 30-60 days.
Brummels 0:14 “It will bring people back…for most contractors.”
Lumber prices had hit all times highs this past spring because of shortages in supply. For some consumers, that meant paying 40-thousand more dollars to build a home. With low interest rates, the high prices didn’t stymie building.