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Wishing you a happy and safe Fourth of July to you and your family!
07/04/2022

Wishing you a happy and safe Fourth of July to you and your family!

Here's a great opportunity to start the month off right. More new construction is still available at Wickford Square!htt...
07/01/2022

Here's a great opportunity to start the month off right. More new construction is still available at Wickford Square!

https://bit.ly/3bzIRZH

Lumber prices and supply have taken investors, contractors, and consumers for a ride since 2020. Erratic inventory and c...
06/30/2022

Lumber prices and supply have taken investors, contractors, and consumers for a ride since 2020.

Erratic inventory and construction labor shortages combined with a Canadian lumber tariff spike lumber prices as the nation's appetite for new housing remains high. Lumber is crucial as 9 out of 10 single-family homes built in the USA are wood-framed, said the National Association of Home Builders (NAHB), a Washington-based trade group.

Is there a shortage of lumber?
Yes, there's a lumber shortage in the USA, which relies heavily on Canadian imports, Dietz said. When COVID-19 hit, sawmills slowed down, anticipating low demand. But housing needs increased during the pandemic, and the mills "did not ramp up production accordingly," the NAHB said.

Why are lumber prices so high?
Contributing factors include "high demand in the housing market, bottlenecks in the supply chain, and labor shortages," said Jonathan Paine, longtime president and CEO of the National Lumber & Building Material Dealers Association, a Washington-based lobbyist group.

Are lumber prices coming down?
Yes. Lumber prices fell as low as $780 per thousand board feet in May and are trading below $600 per thousand board feet, according to Chicago Mercantile Exchange.

Could lower lumber prices affect housing market prices?
Savings from lower lumber prices could reach consumers. Last month, President Joe Biden announced a plan to spur the supply of affordable housing amid a 40-year-high inflation rate.

Today is National Work From Home Day! Work from home in your new home at Wickford Square!Call or text - 916-602-4048    ...
06/29/2022

Today is National Work From Home Day! Work from home in your new home at Wickford Square!

Call or text - 916-602-4048

'Missing middle' construction, which saw disappointing growth in 2021, continued its lackluster trend in the first quart...
06/28/2022

'Missing middle' construction, which saw disappointing growth in 2021, continued its lackluster trend in the first quarter of 2022. The missing middle housing sector includes townhouses, duplexes, and other small multifamily properties.

Despite a hint of accelerated construction in March 2022, this class of multifamily missing middle was flat to start the year. For the first quarter of 2022, there were just 4,000 2- to 4-unit housing unit construction starts. That’s even with the first quarter of 2021 and actually finds that the trailing four-quarter period was 7% lower than the year prior.

Follow the link below to learn more.
https://bit.ly/3NObwLA

There is still time to find your next home at Wickford Square!Don't hesitate to call or text for more details - 916-602-...
06/24/2022

There is still time to find your next home at Wickford Square!

Don't hesitate to call or text for more details - 916-602-4048

Achieve your dream of homeownership at Wickford Square!Call or text me for more details - 916-602-4048
06/22/2022

Achieve your dream of homeownership at Wickford Square!

Call or text me for more details - 916-602-4048

Happy First Day of Summer! ☀️
06/21/2022

Happy First Day of Summer! ☀️

Happy Father's Day to all of the Dads out there!
06/19/2022

Happy Father's Day to all of the Dads out there!

More new construction is available at Wickford Square!https://bit.ly/3bzIRZH Call or text today - 916-602-4048          ...
06/17/2022

More new construction is available at Wickford Square!
https://bit.ly/3bzIRZH

Call or text today - 916-602-4048

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging...
06/16/2022

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging lawmakers to implement policies that will help address housing affordability, calling for a resolution on supply chain disruptions and the ending of Canadian lumber tariffs.

Building materials prices are up 19.2% year-over-year and have risen 35.6% since the start of the pandemic, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. In addition, tariffs on Canadian lumber shipments into the U.S. and production bottlenecks have fueled lumber price volatility which has added more than $18,600 to the price of a new home since last August.

“The supply chain crisis and lumber tariffs in the housing industry are putting the American Dream of homeownership out of reach for families,” said NAHB Chairman Jerry Konter, a home builder and developer from Savannah, Ga. “Home builders need access to reasonably priced lumber to build a home that the average working family can afford.”

Follow the link below to learn more.
https://bit.ly/3O5gbc0

Create your perfect home at Wickford Square!Call or text - 916-602-4048
06/15/2022

Create your perfect home at Wickford Square!

Call or text - 916-602-4048

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Sacramento, CA

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