OSB is now $45 for a sheet of 4X8.....I build my house two years ago and it was $12.25 a sheet. Nuts.
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Looks like building a deer blind will cost you $500
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Originally posted by texasdeerhunter View PostI’m getting a bid on new construction right now, contractor said it’s the first time in his life he has ever quoted a bid with a “materials allowance” instead of knowing what the materials would most likely cost. Prices are changing daily
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I'm in the middle of a home build now. I purchased 8 full sheets of 3/4" sanded maple plywood a couple of weeks ago for a special part of the build. I paid $65 for each sheet...builder’s cost at the time. He told me today that it’s $77 a sheet.
Originally posted by texasdeerhunter View PostI’m getting a bid on new construction right now, contractor said it’s the first time in his life he has ever quoted a bid with a “materials allowance” instead of knowing what the materials would most likely cost. Prices are changing daily
I’m telling you....we are blessed and extremely fortunate we got in under contract right before things absolutely BLEW UP!
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Originally posted by HUNTNETIME View PostCan it even continue like this for much longer? I mean, seriously, at some point the material costs will be so high that the total cost of a home will be out of many folks reach, right? Does that mean demand will go down and this "bubble" will burst? Honest question.
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I work for an OSB manufacturer and we get twice weekly pricing updates...it went up again today. Normally when prices were just half what they are now we see our inventory build up because sales drop but that isn't happening now- we can't make enough. I figure that as soon as Biden raises taxes and all the money printing kicks in, we will see inflation kick in and interest rates will rise- if they get as high as they were during the Carter administration we are all screwed.
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