Home » Posts tagged with » lumber

California Carpenters Earn Median $52,775 Per Year, 14th Highest In U.S

California Carpenters Earn Median $52,775 Per Year, 14th Highest In U.S

Mike LaFirenza The residential real estate market has been booming during the COVID-19 pandemic, with more buyers looking for homes and competing for unusually low levels of inventory. With new supply desperately needed, the market currently presents enormous opportunities for builders and developers who are able to provide new stock. However, the supply of both […]

The Lumber Market Crash

The Lumber Market Crash

It was inevitable that lumber prices would eventually return to some state of normalcy. I wrote an article less than 50 days ago noting that futures and cash prices, despite having quadrupled in slightly over a year, had dropped 40% in June 2021. Pandemic measures were being lifted, the effect of stimulus payments were receding, and owing […]