Y'all Been Checkin' Lumber Prices?

[Ford850]

Well you raise an interesting question, in my mind anyway. Would Menards, or any other big box, really hold all of those particular boards hostage at the current price? I would guess not, that they are free to lower the price on those at any time, if demand is low, or cheaper replacement inventory is already on the way. It's not like if you took the last one of those 2000 2x6s, and then grabbed a new one from the next batch, that they would ring up at different prices at the register. The price is set per day regardless of what exact pieces of inventory are on hand... right?

I agree they will at some point lower the price to move the inventory and replace with product at a lower cost. But with so much inventory, it appears they stock piled when prices hit their peak. Ouch!

 

[mred2]

The place I work for sales a lot of large equipment to the big saw mills. Our salesman was told by one of the large ones that build a big mill, that they paid for it last year within 6 months. They are still buying timber at less than the price 4 years ago.

 

[Macinnis]

At both Lowe’s and Home Depot near me…a 2x6x12 is $20.38. While the same 2x6x12 pressure treated is $12.38.

can I frame interior walls with all pressure treated lumber?

 

[s219]

At both Lowe’s and Home Depot near me…a 2x6x12 is $20.38. While the same 2x6x12 pressure treated is $12.38.

can I frame interior walls with all pressure treated lumber?

Theoretically, as long as you use hot-dipped galvanized (or equivalent) fasteners for everything (including drywall, electrical, HVAC, etc) that attaches to the wood then it would be OK. However I don't know if it's allowed by code. I don't know if there are health or air quality issues having it indoors. And that wood is less stable, less likely to be dry, and more likely to twist/warp, so you're more likely to have problems. Too many disadvantages and unknowns in my opinion.

 

[goeduck]

^^^ I can vouch for it being less dry. Downright wet in some cases.

 

[MoKelly]

For what it’s worth, the EPA has approved the use of newer pressure treated wood for indoor use.

MoKelly

 

[Frankenkubota]

At both Lowe’s and Home Depot near me…a 2x6x12 is $20.38. While the same 2x6x12 pressure treated is $12.38.

can I frame interior walls with all pressure treated lumber?

not here. i asked my inspector, he said no because of out gassing from the PT.

 

[dfkrug]

Interesting about PT lumber at HomeDepot. Here on the left coast, most of the PT lumber HD sells is "hem-fir" and not rated for structural applications such as a house. For structural apps, HD sells douglas-fir. You have to go to a local lumber yard to get PT DF, which is much stronger.

Back East, I assume than much of the structural lumber at HD and Lowes is SYP? If not so, what is it? And do they sell crappy PT in some non-structural grade as they do here?

 

[Diggin It]

LUMBERCommodity $702.50 -15.50 -2.16% Official Close 7/9/2021

Shows as the 52 week low, down from $1,686.00 in May.

 

[s219]

Interesting about PT lumber at HomeDepot. Here on the left coast, most of the PT lumber HD sells is "hem-fir" and not rated for structural applications such as a house. For structural apps, HD sells douglas-fir. You have to go to a local lumber yard to get PT DF, which is much stronger.

Back East, I assume than much of the structural lumber at HD and Lowes is SYP? If not so, what is it? And do they sell crappy PT in some non-structural grade as they do here?

At Lowes/HD here in Virginia, I normally see SYP in pressure treated lumber (all sizes) and larger sizes of non-treated (like 2x10 and 2x12). 2x8 and smaller sizes of non-treated lumber are typically SPF (spruce-pine-fir) and occasionally Douglas Fir. The SPF quality is not great.

I can go to our local builder supply and for about the same price get non-treated SYP framing lumber in all sizes -- they carry Weyerhaeuser (sp?) Pro framing lumber which seems to have much better quality control.

 

[s219]

So now I have seen it all. Got my 2021 mortgage escrow statement and my homeowner's insurance went up about 15% in a year (it's paid in May of each year). Was planning to call my insurance agent on Monday and ask why, but did a little Googling and it seems that the increased cost of building materials has affected homeowner's insurance rates, since it drives home repair/replacement costs. Anybody else seen this?

 

[Frankenkubota]

So now I have seen it all. Got my 2021 mortgage escrow statement and my homeowner's insurance went up about 15% in a year (it's paid in May of each year). Was planning to call my insurance agent on Monday and ask why, but did a little Googling and it seems that the increased cost of building materials has affected homeowner's insurance rates, since it drives home repair/replacement costs. Anybody else seen this?

maybe when the prices go down your insurance rate will go down ....maybe...

 

[MossRoad]

So now I have seen it all. Got my 2021 mortgage escrow statement and my homeowner's insurance went up about 15% in a year (it's paid in May of each year). Was planning to call my insurance agent on Monday and ask why, but did a little Googling and it seems that the increased cost of building materials has affected homeowner's insurance rates, since it drives home repair/replacement costs. Anybody else seen this?

Ours isn't due until November. We'll have to wait and see.

On a side note: Our house appraised at around $90K a year ago (100 year old home in older neighborhood with many different sized and aged homes) and now appraises at around $120K. (our property taxes increased). The insurance estimate has always been around $250K to rebuild if totaled. So we'll see what happens in November.

 

[MossRoad]

maybe when the prices go down your insurance rate will go down ....maybe...

I'm glad I wasn't sipping a drink. Thinks rarely go down once they go up.

On a hopeful note, we added another vehicle a couple months ago and our insurance went down and they sent US a check for $135 for better coverage. Apparently we are good drivers, no accident discount over the years has wiped our deductible down to $0. So we upped the deductible and they sent us a check. First time that's ever happened.

 

[MoKelly]

Cities love raising home appraisals. They have lots of incentive to increase home values. They work very hard at increasing home values.

Here, all increases in appraisals can be challenged. Winning challenges are in the 40% range. But it takes time and work to challenge. Some folks smile when the city tells them their house value increased year-over-year.

MoKelly

 

[Diggin It]

April '20, I paid $7.23 for 2 x 8 x 12 SYP

Currently showing $17.98

 

[repete]

4x8 1/2" CDX is $83.95+tax per sheet in Washington where we grow trees like corn.

 

[goeduck]

Cities love raising home appraisals. They have lots of incentive to increase home values. They work very hard at increasing home values.

Here, all increases in appraisals can be challenged. Winning challenges are in the 40% range. But it takes time and work to challenge. Some folks smile when the city tells them their house value increased year-over-year.

MoKelly

I would not fuss as much if the rates per thousand were reduced at the same time (which happened years ago). Now it seems to be justification to act as a drunk sailor and spend uncontrollably. What do the county and state need a 21% increase for? Really? Over $1K per month here with very little, if any, benefit.

 

[MoKelly]

I read this morning inflation in June was 5.4% - the highest inflation rate in 13 years. Does not bode well for the future as it was higher than the “experts” had been predicting.

MoKelly

 

[Snobdds]

5.4% inflation from June 2021. A country just dosen't put that genie back in the bottle in a way that does not cause ripple effects. The cheap money is like a drug and the dealer has not idea how to wean the addict off their product.

Sometimes this bitcoin concept of not tying value to central banks policy is very appealing.