Starting with the first reported local COVID-19 case in January, our region has experienced unprecedented shut-downs of business activity. As the science and health communities continue to stress the importance of limiting the spread of this virus, government agencies are beginning the process of opening up lower risk private sector industries.
We’ve been tracking lumber, labor and fuel prices for the past several years as a trend indicator for residential construction costs. The dramatic drop in lumber over the past couple months, combined with a lagging and less significant drop at the pump suggests the best deals will be limited to the next several months.
There is no substitute for having extra time.
Our customers are enjoying being able to focus on the improvements to their homes. Virtual meeting platforms give us the flexibility to continue the design process without risk of cross-contamination. Although most of our world is planning to shut down, we will continue to operate our pre-production process in effort to be ready to start construction when given permission to do so.
While quarantined and working from home, we find lots of time to dream about what our homes could be….
We’re not used to having the temperature dip below 20 degrees. Snowmageddon is termed not only for our inability to effectively manage snow removal, but also for the effect it has on our housing stock.
