So Now Is the Time!
We have all seen or heard of the plans that are bouncing around in the government to kick start the economy, some of which are directed at the construction industry. Here is an excerpt from an article in today’s Real Estate Weekly which I think is informative and presents an industry side look into why this is an excellent time to build….
“The overall lumber market has changed very little over the past 24 months. With lumber on a ten-year low and little change in the market recently, one would tend to rationalize that drastic price decreases are not on the horizon,” said Todd Lewis, Senior Account Representative with 84 Lumber Company. “In combination with competitive quality labor prices, readily available lots, record low interest rates, and a down lumber market, now is the perfect time to build a home not only as everyone dreams of but also as a sound investment.”
We have seen other materials increase in price over the past several months. The construction industry is poised for a major rebound in the months ahead and that demand will undoubtedly cause lumber prices to start their upward move….
More of the article can be found on page 50 here: http://www.rewnc.com/flipbook/book.htm