My business partner and I decided to invest in a project that would provide cash flow, profitability, and ultimately an asset at the end. We decided to purchase a 115 Read more
Tag: Lumber
Opinion: Protecting forests is even more powerful in the climate fight than we thought
At last year’s United Nations climate summit in Glasgow, more than 100 heads of state committed to halt and reverse forest loss by 2030. If successful, this pledge would play a huge role Read more
Lumber prices have dropped by more than 60% this year, and have room to fall even further
Lumber prices have dropped by more than 60% so far this year, but don’t count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family Read more
5 factors drive homebuilding costs — and they’re all squeezing builders now
Building a home is a complicated business. Despite the shortage of housing in the U.S., it’s been challenging for builders to quickly ramp up production to meet demand. That’s because Read more
Lumber plays ‘canary in the coal mine’, cues downturn in commodities
The lumber market has taken some big hits from rising inflation and a slowdown in the housing market, with lumber prices down more than 40% in the first six months Read more