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traderx

Beach Fanatic
Mar 25, 2008
2,133
467
Thanks Chief. IMO, It may be a very long time to get that for The Grove home no matter how nice. I guess you know what Frank and Lynn sold that home for when it was new.?.?.

I love the valuation exercises, but don't like pronouncing my conclusions. It's a lot more fun when I'm talking about creating a home on a vacant lot and talking about it's valuations.

I enjoy the exercises as well but really like where the rubber hits the road.

I love all the statistics and graphs but it is only when I consider/compare specific homes that I can make an informed decision. That is why I will rent down there for the next year or more. When I do buy, I will likely build. Tons of lots on the market and we are experiencing commodity deflation so building materials prices are going down. Probably labor too. Plus by building, I don't have to replace white kitchen cabinets. :lol:
 

traderx

Beach Fanatic
Mar 25, 2008
2,133
467
Lumber futures graph:

lb.gif
 

traderx

Beach Fanatic
Mar 25, 2008
2,133
467
I only understand generally how that graph might affect me and my business. Do you ( or anyone else ) know exactly how that graph would translate to price per board foot? That's our focus.

I don't know how the graph and your prices correlate. Link is to randomlengths.com which includes prices per thousand board feet. May yield some clues for you but not sure. The price trend is interesting.

Random Lengths: Information Services for the Forest Products Industry
 
I don't know how the graph and your prices correlate. Link is to randomlengths.com which includes prices per thousand board feet. May yield some clues for you but not sure. The price trend is interesting.

Random Lengths: Information Services for the Forest Products Industry

If I could hit Thanks twice I would have. This is exactly what I needed today. We don't buy flooring, we buy the species of wood to mill to flooring pattern and it's measured and priced in board feet. It's that way for siding, cabinet materials and other wood too. The local lumber places for framing are not tieing our pricing to the spot rate enough, but they will.
 
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