Friday, April 24, 2009
New Home Prices to Increase from Lumber Tariff
OUCH!!!!
Uncle Sam's tariff on softwoods from Canada will increase the price of a home by 5 - 10%!!! Lumber prices have been very low due to demand and price stabilization but now are going to be hit hard. Builders are already looking at razor thin margins and will need to pass this increase along to Buyers. Buy NOW before this and other price increases go into effect.
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