September 4, 2020

News and updates on the latest at Express Modular and in the off-site construction industry.

Industry Insights

Now is a Great Time to Build a Home – Despite Lumber Price Increases

In the last six months, lumber prices have drastically increased. By drastically, we are talking by more the double the price they were at in March. This has driven the price of a house up sharply as we approach the end of the year. But we have also seen, historically, the lowest interest rates for a home mortgage. We are talking near record lows for a home mortgage. Most home buyers take out a 30-year loan to finance their home. So now we have what is called a quandary
The post Now is a Great Time to Build a Home – Despite Lumber Price Increases appeared first on Impresa Modular.

Ken Semler September 4, 2020

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