Podcasts about lumber prices

Trent and Natalie discuss fresh expansions that signal real growth in the building‑materials space. The duo then zoom out to the big picture. They unpack the latest consumer‑spending data, compare media headlines with hard‑number economic indicators, and spotlight the outsized role consumer confidence plays in keeping the engine humming. Finally, they dive into lumber: why prices swing, where we are in the current cycle, and how pros can ride the waves instead of wiping out. Chapters 00:00 Unexpected Nighttime Adventures 03:04 Dishwasher Drama and Home Repairs 05:58 Positive News and Personal Updates 08:56 Business Expansion and Industry Updates 12:13 Financial Insights and Market Trends 14:54 Consumer Confidence and Economic Indicators 17:56 Lumber Prices and Market Fluctuations

In this episode of Lumber Slingers, Chelsea is joined by friend-of-the-show Trent while Natalie sips margaritas in Mexico. From exclusive Wood Is Good t-shirt giveaways (email us!) to tales of bootleg cologne and outlet mall scores, this episode kicks off with laughs and life lessons. They dive into housing market trends, Wes Fraser's Q1 earnings, mill curtailments, and shifting production strategies—breaking down what it all means for the lumber industry and beyond. Chelsea also shares a sweet "Take Your Kid to Work Day" moment with baby Frankie and reflects on the power of persistence in sales. PSA of the week? Don't skimp on cologne—or your follow-ups. Tune in for the industry insight, stay for the banter. Chapters 00:00 Introduction and T-Shirt Giveaway 02:56 Personal Reflections on Fashion and Fragrance 05:56 Navigating the Market: Quality vs. Price 08:50 Economic Insights: Lumber Industry Trends 12:00 Housing Market Dynamics and Consumer Behavior 14:55 Mortgage Rates and Home Buying Challenges 17:49 Lumber Prices and Market Sentiment 21:02 Sales Strategies in a Competitive Market 23:55 Conclusion and Future Outlook

We're diving into some juicy updates from the building community this week! Eric G is here to spill the tea on how we're right in the thick of a whirlwind of change, driven by flashy new tech and potential shifts in energy standards. He's got his finger on the pulse of what's happening out there, and he's calling for a hefty dose of common sense at the table. We're talking about how all this innovation can crank up costs for homeowners, and whether it's really worth it in the long run. So, buckle up as we navigate through the chaos, dissect the latest trends, and, fingers crossed, find some clarity in this ever-evolving landscape!Change is in the air, folks! Eric G dives deep into the swirling winds of transformation that are sweeping through the building community. With new technologies sprouting faster than weeds in spring and potential shifts in energy standards looming like a dark cloud, it's clear that our beloved homes are on the brink of a makeover. But hold onto your hard hats – it's not just about shiny gadgets and fancy regulations. Our buddy Eric insists that we need a hefty dose of common sense sprinkled over all this change. After all, who wants to spend a fortune on a smart thermostat that doesn't actually save you a dime? We kick off with a cheeky look at the political landscape and how it could impact our wallets, particularly if waste and fraud in the government are tackled. Eric's got his eyes on lumber prices like a hawk, pointing out the intricate dance of supply and demand and how that might play out for builders and DIY enthusiasts alike. He warns us that while tech can make our homes more resilient and efficient, it can also drive up costs faster than you can say “energy-efficient furnace.” Are we really getting our money's worth, or are we just being sold a bill of goods?But don't worry, there's light at the end of the tunnel! Eric highlights the importance of making informed choices that prioritize both our pocketbooks and our planet. With a mix of humor and insight, he reminds us that while building science is evolving, we shouldn't lose sight of practicality. So buckle up, folks, because navigating this new frontier requires a blend of innovation and good old-fashioned common sense!Takeaways: We're in the midst of a significant shift in the building community, driven by new tech. Energy standards are on the verge of change, and we need some common sense injected into it. Higher costs for energy-efficient systems mean we must be savvy homeowners to save money. We're seeing a blend of building science and technology that can raise home costs, tricky business! The political landscape is chaotic, but there's hope for common sense in building and energy codes. Old school incandescent bulbs may be making a comeback, despite the shiny new LED tech. Companies mentioned in this episode: Monument Grills Igloo LG TTI Ryobi To get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House. Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listenIf you want to join the Around the House Insider for access to the back catalog, Exclusive Content and a direct email to Eric G and access to the show early https://around-the-house-with-e.captivate.fm/support We love comments and we would love reviews on how this...

Jason Hartman discusses the benefits of investing in income property as a stable, material asset in contrast to easily disrupted digital assets. He explains the Hartman Risk Evaluator, emphasizing the importance of low land-to-improvement ratios in real estate investments. Hartman highlights the current shortage of disaster recovery supplies and its impact on construction costs. He argues that owning properties with diverse building materials positions investors favorably in the market. The podcast covers lumber price trends and critiques centrally planned economies. Hartman invites listeners to the upcoming Empowered Investor Live event in Irvine, California. Key topics: real estate investing, income property, Hartman Risk Evaluator, construction costs, market trends, economic analysis. Save the date! April 4-6, 2025 Empowered Investor LIVE in Irvine, California https://empoweredinvestorlive.com/ Today's sponsor http://jasonhartman.com/connected offers real estate investors access to Connected Investors' PiN (Property Intelligence Network) software. This tool provides nationwide property data, including features like unlimited individual property skip tracing, comprehensive property reports, and a Contract Genie for generating legal documents. Subscription options are available on a monthly or annual basis, with the annual plan offering additional benefits such as a dedicated product specialist. The platform emphasizes its commitment to providing accurate, up-to-date information to assist investors in making informed decisions. Visit http://jasonhartman.com/connected today! #RealEstateInvesting #IncomeProperty #HartmanRiskEvaluator #PackagedCommodities #LTIRatio #LinearMarkets #DisasterRecovery #ConstructionCosts #LumberPrices #SupplyAndDemand #ArtificialIntelligence #ChatbotAI #EmpoweredInvestorLive Key Takeaways: 1:26 Clip of the Day: James Cameron's warning about AGI 2:22 Income property and positioning yourself for maximum benefit  5:40 My Ai assistant is going put me out of a job 12:23 Visit http://jasonhartman.com/connected today! 13:38 Wall Street Journal Report: The Battle for Recovery Supplies Is On In a Disaster-Strewn America 15:29 The average itemized costs of constructing a typical new US single-family home 18:37 Diversify! 19:53 Lumber Prices have stabilized since the height of the pandemic housing boom frenzy 21:20 Join us for Empowered Investor LIVE https://empoweredinvestorlive.com/ 22:12 Blog Post in JasonHartman.com/blog: Navigating Market Analysis and Forecasts Data to Hold the Strategic Decision Making   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Zero-down mortgages are back. That's right. You can now get into a home with (potentially) zero dollars out-of-pocket. But wait…this is starting to sound a bit like 2008. Remember the fully-funded mortgages that didn't require income verification? Are we back to the days of NINJA loans as homebuyers struggle with affordability, forcing them to take on zero-down loans? Not quite. We'll explain why on this headlines show! This time, we're talking about the new zero-down mortgage loan. But that's not all. One crucial housing metric has exploded, and if you sell, BRRRR, or flip houses, this is one metric you MUST pay attention to. Remember back in 2021 when lumber prices were so high that you needed to take out a personal loan to buy a toothpick? The mahogany tables have turned as we bring some good news for new construction investors and home renovators. Lastly, we look overseas at the international housing markets that are seeing the biggest price drops and increases. We also share where we would invest abroad and whether or not we think these markets beat the good ol' USA. Stick around for your latest housing market update on this headlines show!  In This Episode We Cover New zero-down mortgage loans and whether they'll lead to risky home purchases What you must know (and do) if you're going to buy a home with low money down The one home price metric you should pay attention to when flipping, rehabbing, or buying new construction Good news for new builds and why lumber has finally returned to pre-pandemic price levels The international housing markets seeing the biggest price drops, and whether we'd buy there or not And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile  Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram  Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder See Dave at BPCON2024 in Cancun! No Money Down Loans: How Do They REALLY Work? Zero-down mortgages are making a comeback A key home price metric has skyrocketed since 2019 Federal Reserve rate stagnation impacts wood products markets 3 International Locations Where Housing Prices Are Plummeting Post-Pandemic Jump to topic: (00:00) Intro (01:22) 0% Down Mortgages Return  (14:13) Crucial Housing Metric JUMPS (20:41) Lumber Prices Stabilize  (26:51) International Home Prices Drop  Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-225  Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lumber prices are still pretty high compared to where Lumber Future Prices have been over the last few months! So are we at a point where using metal might make more sense when it comes to framing decks and building fences. I think we might have been there for a long time. Lets discuss! To get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House. Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listenIf you want to join the Around the House Insider for access to the back catalog, Exclusive Content and a direct email to Eric G and access to the show early https://around-the-house-with-e.captivate.fm/support We love comments and we would love reviews on how this information has helped you on your house! Thanks for listening! For more information about the show head to https://aroundthehouseonline.com/ Information given on the Around the House Show should not be considered construction or design advice for your specific project, nor is it intended to replace consulting at your home or jobsite by a building professional. The views and opinions expressed by those interviewed on the podcast are those of the guests and do not necessarily reflect the views and opinions of the Around the House Show. Mentioned in this episode:$500 off of Irrigreen Sprinkler System until March 21st 2024 For MORE Information about the IRRIGREEN SALE through March 21st 2024 head to https://irrigreen.com/discount/ATHSHOW500 and use discount code ATHSHOW500 This is an amazing system that I love at my house and I know you will too. Baldwin Hardware Baldwin Hardware

We talk about lumber prices and how they are looking for 2024. Plus we talk about a few new tools! Check them out here: https://bettergrippaintroller.com/ and https://www.reekon.tools/t1-tomahawkTo get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House. Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listenIf you want to join the Around the House Insider for access to the back catalog, Exclusive Content and a direct email to Eric G and access to the show early https://around-the-house-with-e.captivate.fm/support We love comments and we would love reviews on how this information has helped you on your house! Thanks for listening! For more information about the show head to https://aroundthehouseonline.com/ Information given on the Around the House Show should not be considered construction or design advice for your specific project, nor is it intended to replace consulting at your home or jobsite by a building professional. The views and opinions expressed by those interviewed on the podcast are those of the guests and do not necessarily reflect the views and opinions of the Around the House Show. Mentioned in this episode:Baldwin Hardware Baldwin Hardware

We discuss the hottest stories this week, and breaking news today with Trent Johnson of Blue Book, and the Blue Book Newswire. If you are not a current subscriber to the Lumber Newswire, click here to subscribe for free today! www.lumberbluebook.com All thoughts and opinions are our own and do not represent those of our employers, or anyone mentioned in this podcast. Questions of Comments? lumberslingers@gmail.com or leave us a voicemail at 503-660-8058.

The lumber market has been quiet, it's about to make some noise uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon  https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://podcasters.spotify.com/pod/show/youguysletmeknow/support

In today's show, Trish Regan covers a lot of ground including asking why politicians refuse to consider the real reasons behind the recent spate of shootings. The White House says Biden has done more for gun control than anyone in history. Why, then, are we having so many tragedies? What if the rise in violence isn't about guns but rather, a mental health epidemic?  Meanwhile, the verdict is in: Bud Light's attempt to "diversify" its brand has backfired in epic ways. Trish sounds off on Bud Light's failure to understand marketing 101, while also pledging to never buy another Nike product. "Not even a tennis skirt." And, where does this stock market go next? For intel on that question, Trish is joined by portfolio manager Michael Gayed from the LeadLag Report. Michael is watching lumber prices (his favorite indicator). Lumber prices are heading lower... and that's not a good sign. Find out why.  Join Trish by subscribing to the show - and by signing up for her free newsletter at https://TrishReganShow.com Today's show is sponsored by the following advertisers:  https://LegacyPMInvestments.com - call 1-866-589-0560 to learn more about investing in gold or silver. https://RuffGreens.com/Trish Support the show: https://trishregan.store/See omnystudio.com/listener for privacy information.

Once again, the volatility of lumber prices is a hot topic. But basic pricing isn't all you need to know about lumber. This week's guests discuss how futures and risk management play a big role in lumber pricing and those who buy it. Both our guests today are from Sherwood Lumber — Steve Loebner is VP of Commodities and Risk Management and Josh Goodman is SVP of Forest Products, Sales and Supply Chain. They talk with Beth about lumber prices, futures and risk management.

Lumber Prices will rise and greed and manipulation will be blamed. uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

New Home construction is has dripped dramatically and so has Lumber inventory levels. Any up tick in demand and lumber prices may Skyrocket https://www.capitaleconomics.com/publ... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

In this Real Estate News Brief for the week ending January 7th, 2023... home loan rates are hitting home prices, rent growth slows on apartments and single-family rentals, and lumber prices have returned to pre-pandemic levels.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week. Federal Reserve officials are seeing a long-term need for higher interest rates, according to the minutes of their last meeting. They raised the short-term rate by a half point at that meeting to a range of 4.25% to 4.50%. That's after four three-quarter point rate hikes during past meetings. Minneapolis Fed President Neel Kashkari sees the federal funds rate going as high as 5.4%, or higher if inflation doesn't settle back down. Their preferred inflation gauge showed a core rate of 4.7% in November, which is well above their target rate of 2%. (1)   At this point, the economy remains strong with a Q4 GDP of 3.9% and a job market that is running hotter than the Fed would like to see. Last week, unemployment applications fell to a 3-½ month low of 204,000. As reported by MarketWatch, jobless claims were down in 30 of the 53 states and U.S. territories. Continuing claims were also lower by 24,000 to a total of 1.69 million. This kind of data shows that the economy continues to grow as the Fed raises rates to slow the economy and tamp down inflation. (2)   The latest report on job growth shows that U.S. companies added 223,000 jobs in December and the unemployment rate dipped from 3.6% to 3.5%. That's more proof of economic growth, but the report also shows that wage growth is slowing down. As MarketWatch reports, hourly wage growth was only up .3% in December to an annual rate of 4.6%. That's down from 4.8% last month. (3)   The latest report on job openings shows that they decreased slightly from October to November, to a total of 10.5 million. It also shows that workers are quitting in high numbers. Both are signs of a strong job market. (4)   We have a bit of housing market news. The National Association of Home Builders released its construction spending report for November which shows a .2% increase. That's higher than a forecast by Wall Street analysts who expected a .4% drop. Private residential construction was down half a point while private non-residential spending was up almost two points. (5)   Mortgage Rates   Mortgage applications were down last week, as rates moved higher. Freddie Mac says the average 30-year fixed-rate mortgage was up 6 basis points to 6.48%. The 15-year was up 5 points to 5.73%. (6)   It's been a roller coaster ride for mortgage rates. Rates were subsiding at the beginning of December, but they surged again during the second half of the month. According to the Mortgage Bankers Association, mortgage application volume was down 13.2% during the last two weeks of the year. For refinancing loans, there was a bigger drop of 16.3%. (7)   In other news making headlines...   High Loan Rates Hit Home Prices   Higher mortgage rates are taking a bite out of home price growth. According to CoreLogic data, annual home price growth dropped below 10% for the first time in almost two years. It was down 8.6% and is now 2.5% lower than it was last spring and falling. Analysts expect to see “negative” home price growth sometime this spring, before it bounces back into the 2 to 3% range, next fall. (8)   The Sun Belt states are showing the highest home price growth, with Florida, South Carolina, and Georgia leading that list. Washington, D.C. is at the bottom, with a current year-over-year reading of 1.2%.   Rent Growth Declines Faster than Normal   Rent growth is also slowing down. Apartment List's National Rent Report shows that apartment rent growth was down in December, for a fourth month in a row to an annual rate of 3.8%. That's a far cry from the 17.6% rate of growth in 2021. (9)   Single-family rent growth is showing more strength. According to data from CoreLogic, single-family rents are still growing at an annual rate of 8.8%. That's the lowest rate of appreciation we've seen in more than a year, but it's also about three times higher than it was before the pandemic.   Lumber Prices Come Back to Earth   Lumber prices have finally come back down to earth. According to industry experts, they are now around $375 for 1,000 board feet of framing lumber. That's cheaper than pre-pandemic levels of around $400, and much less than a pandemic peak of $1,733. (10)   Lumber prices are usually the highest in April and May so some of the price drop is due to the season. But the experts are not expecting to see another huge run-up in prices next Spring.   That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!   You can find out more about real estate investing as a member of RealWealth. It's free to join at newsforinvestors.com.    Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.cnbc.com/2023/01/04/fed-minutes-december-2022-.html   2 - https://www.marketwatch.com/story/jobless-claims-fall-to-3-1-2-month-low-of-204-000-in-sign-labor-market-still-too-hot-for-the-fed-11672926160?mod=economy-politics   3 - https://www.marketwatch.com/story/u-s-adds-223-000-jobs-in-december-and-jobless-rate-matches-55-year-low-of-3-5-11673012538?mod=economy-politics   4 - https://www.marketwatch.com/story/u-s-job-openings-stay-high-at-10-5-million-and-show-labor-market-still-very-strong-11672845265?mod=mw_latestnews   5 - https://www.marketwatch.com/story/construction-spending-rises-by-0-2-in-november-11672758912?mod=economic-report   6 - https://www.freddiemac.com/pmms   7 - https://www.cnbc.com/2023/01/04/mortgage-demand-plunges-interest-rates-rise.html   8 - https://www.cnbc.com/2023/01/03/home-price-gains-weaken-november.html   9 -  https://calculatedrisk.substack.com/p/rents-continue-to-decline-more-than   10 - https://www.calculatedriskblog.com/2023/01/update-framing-lumber-prices-down-67.html

Dollar General's earnings disappoint, plus lumber is one of the year's biggest commodity price declines. Plus, Blackstone limits withdrawals from a big real estate fund. Host: Jackson Cantrell. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lumber futures can be very telling of the current economy uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Inflation Inflation numbers were released today rising 8.2% over the past year. Initially the markets were down about 2% but by the end of the day markets rallied up over 2%. Perhaps inflation is not as bad going forward as we think. One reason for that is the lapping of year over year. September 2021 inflation began increasing rising 5.4%, October 2021 at 6.2%, November 2021 up 6.8% and December 2021 inflation increased by 7%. What I believe is happening and why I think we will see inflation slow down its supply chains have improved, consumers have pulled back on some of their spending (reducing demand) and as we lap higher inflation numbers from the previous year the percent growth will not be as high.  Tomorrow morning Friday the 14th the big banks release their third-quarter earnings. Very important to hear what they say if there is not unexpected bad news in the reports I believe it would be seen as a positive and we could have another rally. Strong Dollar Earnings will be coming out over the next few weeks and the strong dollar which is up about 17% against the weighted index could play havoc on some companies with big earnings coming from overseas. I was surprised to see that QUALCOMM gets 96% of its revenue from outside the US. Other companies that you need to watch out for would be caterpillar with 62% of revenue from outside the US and even meta-platforms and Netflix both receive 59% of the revenue from outside the US. Another surprise to me was Citigroup with 52% of revenue from outside the US. Crypto With the decline in the crypto market, investors are becoming less comfortable with the space. According to a recent Bankrate survey, in 2021, nearly 35% of Americans said they had some level of comfort investing in digital currencies, compared to about 21% in 2022. Millennials saw an even larger fall with 49% in 2021 saying they had some comfort level investing in digital currencies and that fell to almost 29% in 2022. My guess of why this is the case is digital currencies have yet to show a meaningful use. It has not proven to be a viable currency for transactions, it has not proven to be an inflation hedge, nor has it proven to be a hedge against declining stock prices. I still don't see the allure of investing in this space. Cars The problems are starting already with the forced demand of electric vehicles. Lithium which is used to make the batteries have tripled in price this year and there's no end in sight for supply meeting demand. Lithium is not used just for electric vehicles but also for grid energy storage. You may be thinking no problem just produce more lithium which is nice and theory but not reality. To bring new production online studies must be done, permitting, capital must be raised before any lithium is produced which can take 3 to 5 years. It's always a disaster when the government forces demand on any type of product, what it does is increase prices that the consumer ends up paying for. Oil The leaders of United States continue to put the country in peril trying to force green energy too quickly. We are now going to deal with the nasty regime of Venezuela to pump oil to help our situation. For this use of oil the best we got is that their dictator said he will open talks if the US eases sanctions. To me that's the same as giving a kid who did something wrong a gold star and tell them not to do it again. Since talks with OPEC did not go well the leaders of our country have decided to retaliate against OPEC and Saudi Arabia. They are now threatening legislation that would charge OPEC members and subject them to US antitrust law. Have our leaders forgotten the 70s how the oil embargo crushed our country on the energy. It's like we are trying to play chicken with them and that's a game we will lose. I wish people would write their Democratic congressman and everyone else to please get on the side of the oil companies and start pumping as much oil as we can. And please vote in November not for who's personality you like but who you think you do the best when it comes to running our country Inflation People are concerned about the rising debt of the federal government, as they should be. We are also concerned about rising inflation but you may not realize that rising inflation is a positive for the debt situation of the government. The reason is that it makes the debt more manageable because it will be repaid in less valuable nominal dollars. The debt also declines in real value because with inflation of 10% cumulative $30 trillion is now $33 trillion and the debt remains at $30 trillion. Fossil Fuels People on the green side want to completely eliminate oil and fossil fuels. We have spoke many times about how oil is also used for many things like plastics, IV bags and clothing that use synthetics along with thousands of other items. One can't just use the refined oil for asphalt which makes up 94% of all US road miles that are paved. Asphalt is made from a byproduct that is left over after the process of making fuel.  I don't think people who want to illuminate fossil fuels have thought this process through. Nike If you've been holding onto Nike since November 1 of 2021 you have seen the price fall from $177 a share to current price of around $88 a share, roughly a 50% decline. Unfortunately another number does not bode well for the stock and that is the inventory numbers for Nike which have climbed 65% from a year ago. You may want to sell the stock and buy those Michael Jordans you've been wanting to get. Businesses Things in the third quarter 2020 was 5% that has now decline to 3.2%. Currently Businesses are paying more per square foot in warehouses, last year in the third quarter it was $7.13 a square foot, the average has now climbed to $8.70 a square foot. What does that mean to you as a consumer? Retailers want to get rid of these items costing them money just sitting in the warehouse. Consumers could see some great sales coming up in the future, keep your eyes open. Used Cars The used car market could be improving soon with vehicle inventories increasing to 33 days worth of supply in September. That was four points higher than August, one year ago inventories were only lasting 20 days. What is surprising to me is that car payments over $1000 hit a record 14% of sales nearly double 8% of sales one year ago. If you're car shopping you may want to be patient, used vehicle prices came down 3% in September from August. There could be more to come, you may want to keep that old clunker running a little bit longer before spending more on a new ride. Lumber Prices I recently posted that lumber prices have fallen nearly 60% this year which will help ease inflation. Also dropping dramatically is PVC which is a plastic that makes pipes and other uses as well. It is down nearly 50% quarter over quarter. This could affect Warren Buffett‘s 20%purchase of occidental petroleum stock which is one of the three largest suppliers of PVC. I know Mr. Buffett purchases for the long term but it may take some time for the company to make up that lost revenue. Meme Stocks I was reading last night and the meme stocks popped into my head. I remember when this hype was going on people were saying fundamental analysis is over. Well once again the strong will prevail, let's take AMC entertainment for instance, back in 2021 the stock traded as high as $56 a share. Where does it stand today? right around six dollars a share roughly 90% below the $56 peak. I feel kind of bad for people who were playing the special speculative game with the meme stocks. But on the other hand there was plenty of information out there telling the meme investors this was not going to last. Hopefully many have learned a valuable lesson about investing. 

Real Estate Expert & Best-Selling Author, Gerald Lucas discusses how the recent big drop in lumber prices means for residential real estate

Starting with US Economical News; Lumber prices fall to its lowest level in two years, dropping to their pre-pandemic levels. Lumber futures ended Monday at $410.80 and Tuesday at $429.30 per thousand board feet. The same roughly depicts a one-third depreciation from a year ago and a more than 70% drop from their March peak. YouTuber Mr. Beast says he was offered $1,000,000,000 to sell his YouTube channels and companies. Lastly the S&P 500 closes Monday Afternoon at its lowest level since December 2020.    Crypto News: NFT Trading Volumes Collapse 97% From January Peak slipping to just $466 million in September from $17 billion at the start of 2022, according to data from Dune Analytics. Terra founder Do Kwon transferred 3,313 $BTC after an arrest warrant was issued against him, CoinDesk Korea reports. Robinhood launches beta web3 crypto wallet app, with support for #Polygon as its first network. The crypto & fiat financial app HI - today announces the world's first debit card featuring NFT avatar customization, powered by Mastercard. Eligible cardholders will be able to personalize the face of their card with an NFT avatar they verifiably own, and spend at more than 90 million locations worldwide where Mastercard is accepted.

This week (October 1st 2022) the Wall Street Journal and Yahoo News reported "Lumber Prices below pre-pandemic levels". It kind of surprised me as a home builder. I didn't think that was correct. So I went back and looked at the numbers. After all I buy lumber all the time through out the year, several times a month, in fact. In this episode I share the numbers and the results may surprise you! Thanks for listening! Please give us a 5* rating and a positive testimonial. Want to sponsor our show? Email: homebuildinghero@yahoo.com Twitter: @building_hero Facebook: www.facebook.com/homebuildinghero Instagram: @homebuildinghero Thanks to our studio sponsor LP Building Solutions! To learn more about my homes visit Belman Homes and When you have a moment, pick up a copy of my new Amazon Best Selling book "Leadership Growth Hacks" at https://amzn.to/2ZBRuN3

A shift from single-family homes to apartments is hurting lumber demand. President Biden's student loan forgiveness hits a roadblock. And Harley spins out its electric motorcycle business. Learn more about your ad choices. Visit megaphone.fm/adchoices

Another month, another host of great articles, listens, books and other finds from Product Thinking and around the internet. Here's what you may have missed.Don't forget to subscribe at productthinking.ccWeekly newsletter: Lumber Prices, Second Jobs, Floppy Disks and Pax Romana: September Monthly WrapOr just want to leave a tip: buy me a coffee?Twitter: @kylelarryevans and @producthinking ★ Support this podcast ★

(5:44) - Mike and Paul begin the second hour touching on President Biden's student loan forgiveness plan, which reportedly will cost $400 billion.(13:47) - Discussing the nationwide teacher and staff shortages that countless schools are enduring.(28:15) - Talking about how lumber prices have fallen to pre-pandemic levels after surging throughout last year.(35:47) - Stack roulette.

Part 2 Interview with Kéta Kosman of Madison's Lumber Report ,expert opinions that dives into the current trends of Lumber production, sales and the building industries. uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Lumber Prices Coming Down Due To Real Estate Slowing https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa2ZiV3NuY3I1MVItWjlJQnkycEhPUlRVVzRrd3xBQ3Jtc0trS25jb3NlalZ2ZDVTcmxMU0NxeUkwV0hUSUxFRElfbjZSMS1QRzBINVIxdldMdHhHYXRUcHRqMU80eU0telpkSm9lRHBjb0dPVk5BZlBQMzdicDdORkNIYXhXZTMxV3RFRUNTX0kwblZpWmNKZHFQMA&q=https%3A%2F%2Ffortune-com.cdn.ampproject.org%2Fv%2Fs%2Ffortune.com%2F2022%2F08%2F07%2Flumber-prices-lumber-bubble-when-to-expect-the-lowest-wood-prices%2Famp%2F%3Famp_gsa%3D1%26amp_js_v%3Da9%26usqp%3Dmq331AQKKAFQArABIIACAw%253D%253D%23amp_tf%3DFrom%2520%25251%2524s%26aoh%3D16598820360755%26referrer%3Dhttps%253A%252F%252Fwww.google.com%26ampshare%3Dhttps%253A%252F%252Ffortune.com%252F2022%252F08%252F07%252Flumber-prices-lumber-bubble-when-to-expect-the-lowest-wood-prices%252F&v=ZNMtNEEcbtA

Lumber futures prices are falling dramatically, but retail may take awhile. uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Lumber prices have dropped sharply in recent months, leading other commodities down from the levels seen after Russia's invasion of Ukraine. A surge in home prices and an uptick in mortgage rates have deterred home buyers, home renovators and builders, dampening demand for lumber. Our commodities experts discuss the outlook for prices that are still higher than their pre-pandemic averages. John Anton, director, Pricing and Purchasing, S&P Global Market Intelligence https://experts.ihsmarkit.com/experts/anton-John Deni Koenhemsi, associate director, Pricing and Purchasing, S&P Global Market Intelligence https://experts.ihsmarkit.com/experts/koenhemsi-deni

Bryan Jaeger, Owner of Jaeger Lumber & Supply Company joins Ryan Wrecker, in for Mark Reardon, to discuss the falling lumber prices, and how it is affecting builders and the housing market.

The lumber prices are falling because of oversupply. The Bullwhip effect is still running its course and the builder's sentiment has less to do with it than you might think. https://www.bloomberg.com/news/articl... https://fred.stlouisfed.org/series/PE... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Chief Economist at Angi, Mischa Fisher, and RCS President, Heidi J. Ellsworth, discuss lumber prices, the ocean shipping reformat and, as always, how recent economic changes impacted roofing contractors and what contractors can do to prepare for future changes. Learn more about Angi: https://www.rooferscoffeeshop.com/directory/angi #angi Learn more at RoofersCoffeeShop.com #rooferscoffeeshop #roofingcontractors #roofersforum #roofingindustry Are you a contractor looking for resources? Become an R-Club Member today! https://www.rooferscoffeeshop.com/what-is-r-club Follow us! https://www.instagram.com/rooferscoffeeshop/?hl=en https://www.facebook.com/rooferscoffeeshop/ https://www.linkedin.com/company/rooferscoffeeshop-com/ https://www.tiktok.com/@rooferscoffeeshop? Timecodes: 0:00 - Intro 0:49 - Lumber Prices 4:14 - The Great Recession Debate 7:48 - Gas Prices 10:00 - Ocean Shipping Reformat 13:18 - Additional Advice

High interest rates are hurting demand for wood. Plus, commodity prices cool off and Jefferies Financial disappoints. Host: Jackson Cantrell. $JEF, $GS, $MS Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Real Estate News Brief for the week ending June 4th, 2022... what's being done about inflation, how inflation is impacting homebuyers, and why lumber prices are actually falling.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic News We begin with economic news from this past week, and lots of talk about inflation. President Biden launched a new effort last week to tackle inflation. As reported by the Washington Post, he was apparently fuming to aides that not enough was being done to control inflation. That turned into a flurry of activity to get the ball rolling and send a positive message to the American people. He met with both Federal Reserve Chief Jerome Powell and Former Fed Chief Janet Yellen in the Oval Office, and said in a public address that fighting inflation was his top economic priority. (1)President Biden also published an op-ed piece for the Wall Street Journal outlining a three-part strategy for fighting inflation. The first part involves the Federal Reserve's responsibility for controlling inflation, which it's now doing with aggressive rate hikes. Biden says he won't meddle with that, but for part two, he says he will do what he can, or with the help of Congress, “to make things more affordable for families.” That includes an effort to lower prices for gas, utilities, prescription drugs, and other everyday goods. The third part involves deficit reduction. The Congressional Budget Office projected the deficit will fall by $1.7 trillion this year. Biden wants to see even more of a reduction with what he calls “common-sense” tax reforms. (2)*Ironically, what was not mentioned was the Fed's stimulus, and the trillions of dollars that were created over the past two years that increased the money supply by nearly 50%. Additionally, the Fed had continued to buy Mortgage Backed Securities to support the housing market, until spring of 2022, when home prices had already increased by 20%. So in my opinion, the Federal Reserve together with the US government contributed to the inflation they are now trying to combat with rapidly rising rates and Quantitative Tightening. If you'd like to hear more about my opinions on how we got here, listen to the new podcast, On the Market, which is sponsored by FundRise. I am a regular guest expert on that show, and we go into detail on what's behind the headlines.There's a bit of good news about Social Security thanks to the strong job market recovery. The Treasury Department says that Social Security benefits are now fully funded through 2034. That's one year longer than previous estimates. It also says the disability insurance program has enough funds to pay full benefits for the next 75 years, through 2097. Last year, Treasury officials said that funds would be gone by 2057. (6)Unemployment claims fell for a second week in a row. There were just 200,000 initial claims, and 1.31 million continuing claims. Continuing claims are the lowest since 1969. (7) The unemployment rate in May was at 3.6%. (8)Now to the housing market: Construction spending was .2% higher in April, mostly due to money spent on residential construction. It was up .5% for single-family homes, .8% for multi-family buildings, and down for non-residential private and public construction. (9)*The latest Case-Shiller home price report shows that prices hit a new record high in April. The 20-city index was up 3.1% in April for a yearly rate of 21.2%. Keep in mind that April closings probably had rate locks in March, before interest rates increased two points.(10)Mortgage Rates Mortgage rates didn't move much this last week. Freddie Mac says the average 30-year fixed rate mortgage was down just one basis point, to 5.09%. The 15-year was up one point to 4.32%. (11) Purchase applications are now about 14% lower than they were a year ago, thanks to higher rates. The Mortgage Bankers Association says the average contract rate for a 30-year with a 20% down payment was 5.33% last week. (12)In other news making headlines...Inflation Impact on Homebuyer's BudgetInflation is taking a huge bite out of the homebuyer's budget. According to the National Association of Realtors, homebuyers have to chop $40,000 off their budget for a home because they are paying more for everything else. (13)NAR says the average consumer is paying about $500 more per month compared to a year ago. That's an extra $6,000 a year. NAR'S chief economist Lawrence Yun expects a 10% decrease in housing demand thanks to higher prices, although he still expects a 5% increase in home prices because of the tight inventory. Lumber Prices TumbleLumber prices are coming back down to earth. The National Association of Homebuilders says they fell 12% this last week to their lowest level so far this year. (14) The Wall Street Journal reports that prices are coming down because the housing market is cooling off a bit. It says that orders for lumber are slowing down so inventories are building up, and sawmills are slashing prices.That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!You can also join RealWealth for free at newsforinvestors.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.washingtonpost.com/politics/2022/05/31/biden-inflation-frustration/2 -https://www.wsj.com/articles/my-plan-for-fighting-inflation-joe-biden-gas-prices-economy-unemployment-jobs-covid-11653940654?mod=opinion_lead_pos53 -https://www.cnbc.com/2022/06/03/feds-mester-says-inflation-hasnt-peaked-and-multiple-half-point-rate-hikes-are-needed.html4 -https://www.cnbc.com/2022/06/02/fed-vice-chair-lael-brainard-says-its-hard-to-see-the-case-for-the-fed-pausing-rate-hikes-.html5 -https://www.cnbc.com/2022/06/01/the-feds-mary-daly-says-rate-hikes-should-continue-until-inflation-is-tamed.html6 -https://www.cnbc.com/2022/06/02/social-security-trust-fund-will-be-able-to-pay-benefits-longer-than-expected.html?&qsearchterm=social%20security7 -https://www.marketwatch.com/story/u-s-unemployment-claims-drop-to-200-000-as-layoffs-fall-to-lowest-level-on-record-11654173646?mod=economy-politics8 -https://www.marketwatch.com/story/coming-up-u-s-jobs-report-for-may-11654257620?mod=economic-report9 -https://www.marketwatch.com/story/u-s-construction-spending-rose-slightly-in-april-271654094325?mod=search_headline10 -https://www.marketwatch.com/story/increase-in-u-s-home-prices-hits-another-record-high-case-shiller-shows-11654004193?mod=bnbh_mwarticle11 -https://www.freddiemac.com/pmms12 -https://magazine.realtor/daily-news/2022/06/02/mortgage-applications-are-falling13 -https://www.realtrends.com/articles/inflation-cuts-homebuyer-budgets-by-40000/14 -https://magazine.realtor/daily-news/2022/06/03/the-lumber-bubble-may-have-just-burst15 -https://magazine.realtor/daily-news/2022/06/01/top-cities-for-renting-in-2022

In this weeks Mid-Week Special we dive into Fried Chicken Ice cream, We talk about how lumber prices are currently crashing again so that project might actually become more affordable. That will be a sight for sore eyes. We talk about a buddies battle with his neighbor and the HOA and we even talk about Caroline B is wanting a new car that could be explosive on the market today. All this and some Top Gun Maverick talk on this weeks Around the House show mid-week special! Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listen (https://around-the-house-with-e.captivate.fm/listen) We love comments and we would love reviews on how this information has helped you on your house! Thanks for listening! For more information about the show head to https://aroundthehouseonline.com/ (https://aroundthehouseonline.com/) We have moved the Pro Insider Special on Thursday to its new feed. It will no longer be on this page. You can find it and subscribe right here: https://around-the-house-pro-insider.captivate.fm/ (https://around-the-house-pro-insider.captivate.fm/ )

On today's show we are taking a look at what is happening with construction materials and how this might affect construction projects that you have in your current plans for this year. In the past two months we have seen lumber prices fall from their peak in March of $1,450 per 1,000 board feet to a new low of $667 per 1,000 board feet. Prices had dropped in April and then jumped back up to approximately $1,000 per 1,000 board feet in anticipation of the increased construction activity of the spring and summer. The drop in prices is coming from a number of factors on the demand side of the equation. New home sales are down across both the US and Canada. But the decline in housing starts is only 0.2%. That is not enough to cause a substantial impact on lumber prices. The major sell off in shares of national home builders like DR Horton and Lennar reflect an expectation that the combination of rising interest rates and rising construction costs will reduce demand for new homes. Some builders have stockpiled materials in order to secure supply and as spot prices fall they will want to consume their own more expensive inventory and buy new inventory when the low priced material works it's way through the supply chain. I've had several discussions with contractors who have experienced massive scheduling problems as a result of material shortages of all kinds. The common lament is that they get booked for a job only to arrive onsite and experience material shortages. The sub trades are then left with no work instead of having too much work. Large scale projects are generally optimized to maximize the efficiency of the scarce resource which is human labor. But when the scarce resource is material and changes from one week to the next, it can cause delays all over the construction project. Scheduling of trades in this environment has become much more difficult and it's common for a construction site to sit idle for weeks at a time. If the foundation is done and you have the wood and the framing crew, you should be good to go. You might be tempted to think that you should be able to make forward progress on structural framing, but that is not the case. Let's imagine for a moment that the scarce resource is roof trusses. If you are going to wait 12 weeks to get roof trusses, you have to wait to start framing your structure until you can take delivery of the roofing structure. You can't leave a partially framed structure exposed to the weather for months. It will suffer damage from wind and rain and will not meet the specifications when you are done. You then face the more expensive demolition and rework. Even if housing starts don't drop at all, supply chain constraints elsewhere in the process are slowing the entire construction process, making it much less efficient than in the past. That inefficiency translates into a fall in demand for materials because houses and apartments are taking longer to build. My prediction is that we will continue to see lumber prices fall over the summer months. Some general contractors are fully booked for 2022, and are accepting large scale projects for 2023. But then others are recognizing the inefficiencies inherent in the current situation and are willing to accept new projects on very short notice as gap fillers. ------------- Host: Victor Menasce email: podcast@victorjm.com

In this Real Estate News Brief for the week ending May 14th, 2022… why lumber prices are falling, what the FHA is doing to discourage investors, and the new Google mapping tool that could help house hunters.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic NewsWe begin with economic news from this past week. Inflation appeared to slow down a bit last month. The government reported a slight decline in the Consumer Price Index from an annual rate of 8.5% in March to 8.3% in April. But that's coming off a 40-year high, so we haven't come down much. Plus, the so-called “core rate of inflation” - which omits prices for food and gas - was .6% higher. That was a disappointment on Wall Street because analysts had forecast a lower .4% increase. (1)As reported by MarketWatch, many economists expect inflation to slow down, but they say it will probably take a while for that to happen. Supply chain issues and the labor shortage are two big reasons that prices keep rising.The decline was also not enough to put consumer minds at ease. The University of Michigan says its consumer sentiment index fell to a ten-year low as of this month. It went from a reading of 65.2 in April to 59.1. A survey shows that most Americans expect overall inflation to remain at the 5.4% level for the next year and at 3% for the next five years. (2)Mortgage RatesMortgage rates also crept a little higher last week. Freddie Mac says the 30-year fixed-rate mortgage rose 3 basis points to an average of 5.3%. The 15-year was down 4 points to 4.48%. (3) The mortgage company says that many homebuyers are continuing with their plans but are paying about one third more per month than they would have a year ago.In other news making headlines…Builders Getting a Break on Lumber PricesLumber prices are headed lower. They fell below $800 per thousand board feet last week. That's about 30% lower than they were at the beginning of the year, but they are still much higher than they have been historically. The National Home Builders Association says they've been so high that homes were $18,000 more expensive than they were in previous years, just because of high lumber prices. (4)A recent survey by John Burns Real Estate Consulting shows that prices may be coming down a little because of softening demand for entry-level homes. And, the COO of Sherwood Lumber, Kyle Little, told Insider: “We expect prices in the long term to be challenged with the affordability and rising interest rate headwinds.”Landlords Lose in Appeal to CA Supreme CourtThe California Supreme Court rejected a request by landlords to review a lower court ruling that impacts the Costa-Hawkins Rental Housing Act. If you haven't heard of Costa-Hawkins, it's legislation enacted in 1995 that prevents California cities from imposing rent control on single-family homes, condominiums, and residential properties built after 1995. (5)There was concern that San Francisco landlords were circumventing eviction laws by raising rents so high that tenants would move out. The city called them “bad faith” rent increases that were used to evict tenants. The city then passed an ordinance in 2019 to prevent that from happening. It included a way to compare rent increases to market rates, and to check if there had been a recent eviction attempt. Landlords sued, but lost their case in lower courts. In 2020, a Superior Court judge said: “Costa-Hawkins does not protect a landlord's right to use a pretextual rent increase to avoid lawfully imposed local eviction restrictions.” The high court's decision last week, allows the lower court ruling to stand.FHA Gives Owner-Occupants First Dibs on ForeclosuresThe Federal Housing Administration will make investors wait their turn, for a look at foreclosed properties. The FHA announced that owner occupant buyers, government entities, and HUD-approved nonprofits will get first dibs during a 30-day exclusive time period. It will also provide time for buyers to get a loan if they need one. (6)The FHA says it's doing this to support a goal to reduce the number of homes that investors are buying and turning into rentals, and to help people who want to become homeowners. Buyers must provide a signed statement saying they intend to live in the home. They also have 15 days to back out of a deal if they get “buyer's remorse.”Google Street View Get “Immersive”Google is adding a new feature to its mapping software that will help house hunters. It combines satellite and street view images so that users can fly over an area and then drop down to street level to take a closer look. Some people say the aerial view looks like you're flying over a property with a drone. Google calls it an “immersive view.” (7) It's being introduced in New York and Los Angeles. Google plans to expand soon to new areas.That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!You can also join RealWealth for free at newsforinvestors.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Thanks for listening. I'm Kathy Fettke.Links:1 - https://www.marketwatch.com/story/u-s-inflation-rate-slows-to-8-3-cpi-finds-after-hitting-40-year-high-11652272713?mod=home-page2 - https://www.marketwatch.com/story/consumer-sentiment-hits-ten-year-low-amid-high-prices-umich-survey-finds-11652451173?mod=economic-report3 - https://www.freddiemac.com/pmms4 - https://magazine.realtor/daily-news/2022/05/11/lumber-prices-tumble-to-lowest-level-of-20225 - https://www.sfchronicle.com/bayarea/article/State-Supreme-Court-rejects-a-challenge-by-17166499.php6 - https://caanet.org/calif-supreme-court-snubs-appeal-of-costa-hawkins-case/?mkt_tok=NTU5LVRFTi05NDgAAAGEXbZRUIFaYfDr8n_JnaducPEN7VatF5PpAR34RTKWv7UiK3Y8lW_ce1Ko7WQ8Ot94wKy1cFzjQ3HgtJy6wLdJXjpjwPON50XI1dFc5Q7 - https://magazine.realtor/daily-news/2022/05/11/fha-gives-buyers-exclusive-sneak-peek-at-foreclosures8 - https://magazine.realtor/daily-news/2022/05/11/fha-gives-buyers-exclusive-sneak-peek-at-foreclosures9 - https://magazine.realtor/daily-news/2022/05/12/new-google-map-feature-offers-immersive-view-of-streets

https://www.barchart.com/futures/quot... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Chatalie, not your typical economists. Just Kidding! We aren't economists but we do have our ears to the ground and want to share what's going on in our world. As per usual, all thoughts and opinions are our own and are not those of our employer. Questions? Email lumberslingers@patlbr.com.

Thanks to Candor, AI that puts your underwriting on autopilot.

Lumber prices had a historic run last summer, and prices have been volatile again in recent weeks. The May futures contract rose more than 50% in February and has fallen more than 25% in the first half of March. See omnystudio.com/listener for privacy information.

On today's episode, Editor in Chief Sarah Wheeler talks with Real Estate Reporter Brooklee Han about the home-building sector and what we're seeing in construction employment, wait times for materials, costs of materials and more. The two also talk about the role of Russian money in the U.S. real estate market and how that's been affected by the war with Ukraine.HW Media articles related to this episode:Skilled labor is returning to homebuilding"It's crazy": Homebuilders big and small struggle to finish projectsUkraine conflict unlikely to directly impact US housing market: NAR

The Morning Crew discusses lumber prices.

British Columbia has been hit hard with a lack of available timber. Mills have no choice but to pull back on production https://www.princegeorgecitizen.com/l... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Lumber Prices are falling but the buying opportunities will be brief. https://treefrogcreative.ca/amid-figh... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Lumber futures will be volatile for years until equilibrium is found https://www.peakprosperity.com/produc... https://www.peakprosperity.com/ go to about 30:00 https://youtu.be/_0YbetH4cA8 https://www.wsj.com/articles/thousand... https://www.wsj.com/articles/sky-high... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Chelsea & Natalie (Chatalie) talk all things lumber prices, lumber futures, Canadian Old Growth Deferral and much more. End the year with us just as we started - lumber price mania. :) Questions/Comments? Email us: lumberslingers@gmail.com All thoughts and opinions are our own and do not represent the opinions of our employer.

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Lumber prices are rising again. keep an eye on British Columbia and the tarrifs. uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Lumber futures are on the rise, but will it last. Where is lumber headed next? https://www.businessinsider.com/lumbe... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

Welcome back everybody to the AJ Osborne Podcast! I'm your host, AJ Osborne! So… if you've been online or to your local hardware or lumber store, you might have noticed something - the price of lumber (and materials in general) has skyrocketed. Honestly, saying the cost of lumber has “skyrocketed” even seems like an understatement. This is why I'm having my great friend and our head of acquisitions here at Cedar Creek Wealth, Brain Mullally on the podcast today to talk everything lumber. You see, before Brian joined my team, he wandered the mountainside in a flannel shirt, carrying a large ax, looking to strike it big in the lumber industry. Well… that might be a stretch lol. Brian worked in the lumber industry for years and continues to keep up the relationships he built over the years in the lumber industry. That said, he not only knows a thing or two about lumber and what's currently going on, but he's also got a backstage pass to the mills, the suppliers, and everyone in between to get the scoop on these crazy events we're seeing unfold with lumber prices. Brian shares his years of experience and helps to shed light on why lumber costs have increased so much over the past year or so. We also dive into various economic factors as to why this increase is happening, and how this increased pricing is affecting other industries across the country. There's a lot to unpack in this episode, so I'll let you get right to it. Enjoy, spread the word, and maybe invest in a few 2x4's… Thanks everybody, AJ

Jack Thursday - State of the Union - Do We Care About Lumber Prices? (LA 1507) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Hey, hey, hey. Steven Butala: Welcome to the Land Academy Show. What the heck? Jill DeWit: I don't know. Steven Butala: Entertaining Land Investment Talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill DeWit, and I apparently had too much caffeine. Steven Butala: Yes, you have. Jill DeWit: Thank you. Steven Butala: Today is Jack Thursday. I'm going to do what our customer service people have requested. A State of the Union, real estate in 2021. For example, do we care about lumber prices? Jill DeWit: I have a lot of questions, don't worry. Steven Butala: Okay. Before we get into it, then, let's take a question posted by one of our members on the landinvestors.com online community. It's free. And if you're already a Land Academy member, please join us on Discord. Jill DeWit: Corey wrote, "Good evening." Steven Butala: Sorry. Jill DeWit: When posting a deal on Land Tank or sending a deal to someone for funding, what info about the property is good to include, so that no time is wasted, to get a quick "yes" or "no" answer for funding? Of course, I know that the [inaudible 00:01:06] are important, but what else should I include? I love this question, by the way. I am new and I haven't bought any land yet, but I'm sending offers to ten to a hundred acre properties, because I know that there are plenty of people here that will fund a deal if it's right. P.S. Jill, I had to leave this in here. I absolutely love listening on Clubhouse. Steven Butala: You snuck this in here. Jill DeWit: I totally. Steven Butala: Jill has a love affair with Clubhouse. Jill DeWit: This is not me making it up. Corey really put this in here and I'm like, oh I am putting the whole thing. Jill DeWit: He said Jill, I absolutely love listening on Clubhouse for someone that isn't a member yet. I feel like I'm breaking the law getting all the info for free that you guys talk about on there. Of course, the podcasts on this site are great too. Thanks, Corey. [inaudible 00:01:54] this is awesome. Okay. I need to know how the property is going, how the property will be sold, how fast it will be sold and what the game plan is. So let me give you an example. So Corey, you come up with a beautiful twenty-acre property and whatever county and whatever price let's just say. Say it's twenty-acre property for $20,000. So not only do you give me the property details. If there's anything pertinent, I want that I found that there is a well, they used to have a mobile on there. Jill DeWit: I've found out that it just got rezoned to this. Something unique or cooler, something that's making you want, why we're doing this deal about the actual property. Then the other thing I want you to do is tell me about you. You're selling me not only on the property, but you're selling me on you because you're coming to me to money and you should be saying, here's how great the property is and here's how great I am. And here's what I'm going to do with this. So I need information that says, I've been studying this for six months. I've got three brokers lined up champing at the bit. They think it's going to sell within 30 days at three times our money and how fast can I do it? And I can, and I've got the title agent ready to go. I can do this in two weeks. That's the information I need. Steven Butala: Let me state the obvious. Jill DeWit: Okay. Steven Butala: And put this sentence in there. I don't need anything from you guys except the money. Jill DeWit: Yep. Perfect. Steven Butala: [inaudible 00:03:36] We have not so much now anymore. We've had a lot big problems with that when we start started Land Tank and deal funding. Basically new people were just throwing a property in there. It's a great deal. I know it's a great deal and just handing it to us and expecting us to do work. Steven Butala: