• Metro East REIA

WSJ Says Lumber Prices Are Way Down, But Don’t Expect New Homes to Cost Less

Lumber prices are finally coming down from the stratosphere. In fact, the Wall Street Journal (reposted on suggests they’ve fallen so far that they are starting to look cheap to some buyers. However for new home buyers the WSJ paints a different picture. They’re reporting that home builders are saying they expect to collect higher profit margins rather than lowering their asking prices. Continue reading HERE...

2 views0 comments

Recent Posts

See All

A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long

The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than