26 Mar Demand for Lumber Increases Exponentially
Of all of the things the pandemic could have brought, most people didn’t expect to see real estate and home improvement projects take off the way that they did. But it makes sense: people are spending more time in their homes than ever before, so there has been a renewed focus on living somewhere that you love.
One industry that has undoubtedly seen a spike in demand is lumber! According to recent reports, prices for softwood lumber have jumped approximately 112% year-over-year. And real estate has also seen increased demand for single-family homes, with housing starts up 30% from a year ago.
Because of this, we at Dahl Custom Homes have been working hard to streamline our operations to try and help with this burden. We are incredibly grateful that housing has been such a bright spot in this economic recovery, and that demand is rapidly returning.
Our best advice right now when it comes to home improvement projects and home builds is to pack your patience. We are doing our best to obtain the materials we need to complete projects as efficiently as we can, but delays can be expected right now, especially with lumber-dependent projects like decks and porches.
If you’re interested in building a custom home in the Marion, Cedar Rapids or Iowa City area, please contact us at Dahl Custom Homes! We are experts at custom home construction and would love to discuss your project in more detail.