Price Change Notice
Signs of the time … It is what it is
It has been announced that we now have a new price program for our log, timber frame and eco-panel homes. If you have received a recent Price Estimate from me, you will need to have a refreshed “estimate” before going forward.
While we do not like having this price increase, we do find it necessary. We have seen our suppliers double and even triple prices to us compared to late winter/early spring prices. Many suppliers are not holding pricing for over a week and sometimes less. I even heard yesterday that someone paid $30 for a sheet of 7/16 OSB! Ouch!! We have seen comparable price changes in the auto parts repair business as with cement last year.
The National Association of Home Builders (NAHB) published recently that there has been a 170% increase in lumber prices since mid-April. NAHB also reported that the four month period from May-August 2020 has had the sharpest lumber price increase since they started following this in 1949.
I don’t know if anyone will take this as a positive, but in a quick snap shot of seven of our standard models, the price went up from a low of 8.5% to a high of 10%.
Everyone will need to pay attention to expiration dates on your price quotes that we have out. They were good for 30 days. Other sales documents and expiration dates should also be verified to see if there is a need for updated pricing.
We are hopeful that these material price increases are close to leveling off. Availability of some materials still remains a concern but so far we are managing. Interestingly enough, the number of leads and calls we have received recently is at a higher level than we have seen in recent month.
Please contact us with any items that may need to be discussed. Thank you for all your efforts! … Jack Hutslar at LogHomesByJack and Eco-Panel Green Homes by Jack
