[AT] Lumber prices

Thu Apr 22 19:59:00 PDT 2021

They did a story on NBC today that talked about “climigration”, people moving out of areas that are seeing drastic climate changes, such as increased hurricanes, drought related wild fires. The hottest spots are to the Northeast, especially around the Great Lakes area, were the weather tends to be more stable and less prone to drastic changes. If you plan on buying a house, they recently said your first offer has to be about $15M over asking price, or you shouldn’t bother. It’s definitely a seller’s market with lower interest rates and people moving out of the big cities.

Carl

----- Original Message -----
From: Jim Thomson <macowboy at comcast.net>
To: Antique Tractor Email Discussion Group <at at lists.antique-tractor.com>, Brad Loomis <brad.loomis at gmail.com>
Sent: Thu, 22 Apr 2021 20:13:35 -0400 (EDT)
Subject: Re: [AT] Lumber prices

Spencer

We were experiencing the same phenomena in Rehoboth, MA. 3 golf courses were closed in 2 years along with multiple farms sold off for homes. The home prices are through the roof and typically selling very fast.  One factor that I think is driving this is the ability to work remotely. People are leaving the cities and getting into areas less crowded.North Carolina is one of the states everyone is moving to. Fast forward to 2021, I accepted a job in Ames, Iowa. Talking to the mover, he told me there is a exodus out of the Northeast and other states. Massachusetts was #8 for people leaving.  We ended up in North Central Iowa in a tiny town called Blairsburg. It has around 200 people and no traffic. Just to keep this tractor related, my neighbor stopped by with his JD 9400T and asked I wanted to take a ride. I rode shotgun while he tilled up 60 acres. All the farmers are getting ready to get their corn and beans in the ground but the soil is just a wee bit too cold.

Jim Thomson
Blairsburg, Iowa

>     On 04/22/2021 11:19 AM Brad Loomis <brad.loomis at gmail.com> wrote:
>      
>      
>     And some call that progress. 
> 
>     On Thu, Apr 22, 2021, 7:45 AM Spencer Yost < spencer at rdfarms.com mailto:spencer at rdfarms.com > wrote:
> 
>         > > New homes are driving it too as some(many??) areas have seen an explosion of immigrants from the apartments and condos.  Draw a 2mile radius circle around my farm and _hundreds_ of new houses have been been built in the last 9 months in 3 new neighborhoods.  Plus dozens of one-off homes on newly available vacant lots have been built in that circle.  I am definitely no longer exurban - I am suburban.
> > 
> >         Specific example - and to keep this related to antique tractors:  I lost 6 acres of hay field I was cutting on shares when a friend (who lived just under a mile away) died and his son turned his farm into a small neighborhood(just started construction).
> > 
> >         C’est la vie
> > 
> >         Spencer
> > 
> >         Sent from my iPhone
> > 
> >         > On Apr 22, 2021, at 10:11 AM, szabelski at wildblue.net mailto:szabelski at wildblue.net wrote:
> >         >
> >         > Covid!
> >         >
> >         > With people staying home, they’re doing add-ones, remodeling, etc, all those things that they didn’t have time to do earlier. This is especially true if your the husband and your wife has ideas. In addition, areas like Texas, California, Colorado, etc., have an increased demand for building material to repair all the damage done by wild fires and storms. According to news media, can expect higher prices on just about everything for the next year or so because Covid has affected everything in some manner.
> >         >
> >         > Carl
> >         > ----- Original Message -----
> >         > From: Mike M < meulenms at gmx.com mailto:meulenms at gmx.com >
> >         > To: Antique tractor email discussion group < at at lists.antique-tractor.com mailto:at at lists.antique-tractor.com >
> >         > Sent: Wed, 21 Apr 2021 22:18:04 -0400 (EDT)
> >         > Subject: [AT] Lumber prices
> >         >
> >         > What the heck is going on with lumber prices?  I needed a sheet of OSB
> >         > which was once $10 a is now $35 a sheet?
> >         >
> >         >
> >         > Mike M
> >         >
> >         > --
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