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Lumber prices are almost sky-high. So what does this mean for Home Buyers, Developers, and Hard Money Lenders?

Posted by Jim Emerson

Jun 14, 2021 1:21:22 PM

Lumber has been in the headlines for some time now as we see its prices skyrocketing. Suppose you were thinking of starting construction in your new home or developing one for sale. In that case, you can't ignore the surge in lumber prices brought about by complex macroeconomic forces which were unduly complicated by the Covid-19 pandemic. As a result, demand for lumber has exploded in the past year, and lumberyards and suppliers have struggled to keep up with demand.

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Topics: houston hard money lenders, AMI Lenders, Lumber Prices

   

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