Lumber Prices on the Rise - What Does it Mean?

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The real estate market - for homes new and old, is interconnected. High demand and multiple offers on existing homes have driven more buyers to new construction homes. This demand, and Covid related supply issues have driven lumber prices through the roof.
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Funny that over the same time period the quality of the lumber has plummeted...

dwirtz
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Hi, can you elaborate on how this could affect us? Will the price affect the price of our home? Will will that affect the appraisal? We are under contract and very nervous. Thank you

jeffandlanae
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