As a retail store owner, your reputation is going to be made based on several factors. First and foremost will be customer service and price competitiveness. With that said, you can’t afford to overlook the importance of making sure that the products and materials you sell are of the finest quality possible. Sometimes, the way …
To say that lumber prices have been highly volatile over the last 11 months would be a bit of an understatement. The reality is that prices have been on somewhat of a rollercoaster ride since the middle of May in 2021. On May 7th of 2021, lumber prices reached an all-time high at $1,686 per …
If you are planning on a building/construction project of any meaningful size, you might want to think about purchasing your lumber from a wholesaler as opposed to a big retail hardware store. The savings you can get from doing this can be quite substantial, maybe enough to allow you to take on other projects in …
As a building material, wood is susceptible to a lot of things that can damage it. That list of things includes the elements (weather), fungus, fire, and insects. It’s for that reason that some wood materials need to be treated with chemicals that act as preservatives. Otherwise, damaged wood would eventually lead to structural problems …
It was only a little more than 10 months ago that the price of lumber hit an all-time high of $1,686 per board foot. Conversely, the construction industry then watched the price of lumber fall all the way down to $454 per board foot by mid-September. That’s an incredible drop of 73% in just 4 …
Post COVID19 pandemic, it’s fair to expect that the construction industry will soon be returning to work en-masse. There is a lot of work to be done to make up for two years or so of little to no activity. What does that mean for construction workers? There are going to be a lot of …
What are Modern Building Materials? Given enough time, innovation and new technologies will change every aspect of our lives. Who would have thought there would be a continual evolution of the building materials we use to build homes and commercial buildings. Clearly, we are seeing a new generation of building materials every few years. In …
Builders and contractors have an obligation to do more than build houses or commercial facilities. They have an obligation to do so with the best materials possible while keeping costs within budget. Since lumber is often the largest expense builders will encounter, it demands that they find the best sources possible for the purchase of …
After all of the volatility experienced in the lumber and oriented strand board (OSB) markets in 2021, it’s anyone’s guess what will happen in 2022. As a reminder, lumber and OSB prices surged to record levels in the late spring of 2021. In the case of lumber, prices hit as high as $1,733 per thousand …
Every now and then, consumers get a look at how the “Laws of Economics” actually work. For someone who is not prepared to face the inevitable, getting hit by the Laws of Economics can feel like getting hit in the face by a boxer. During 2021, the lumber market had moved in violent swings due …
