• 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...

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