How to avoid skyrocketing lumber costs for building and renovating
You just had to know there would be a downside to any recovery in the housing market -- even the beginnings of one. And, sure enough, there is: the price of lumber is going through the roof, up some 65% in just the past year.
"Prices are going up and they will continue to go up, and it's going to be a problem in the next few years trying to control that, builder Brett Griffen tells Wisconsin ABC-TV affiliate WBAY.
According to poynter.org, "The cost of 1,000 board feet of framing lumber was about $208 a year ago. Now it is $343."