(509) 392-4705 Just a call or text away!

8200 W. Grandridge Blvd. Kennewick, WA 99336-1680

Supply and demand isn’t the only reason that Tri-Cities home prices — and home prices all across the country — are on the rise.

The cost of lumber is a huge factor, too. The National Association of Homebuilders recently reported that lumber prices have tripled in the past year, and now account for an extra $36,000 on the price tag of an average single-famly home.

That may be hard to visualize for those of us who don’t work in the construction industry. So have a look at this photo from David Belman, a home builder in Milwaukee; it shows what $1,000 could buy you last fall compared to what it gets you today.

That really puts it in perspective, doesn’t it?

About The Author
See Full Profile →
Cari McGee

Hi, I'm Cari McGee. 👋 I've lived in the Tri-Cities since 1994 and I've been a licensed Realtor® since 2004. That's a lot of local knowledge and real estate experience that I put into every article you read on my website! We've helped more than 560 families buy or sell property in the Tri-Cities. In 2023, our community voted us the bronze winner for Best Real Estate Team in the Tri-Cities Best voting. Learn more about me by clicking the link right above. And if you have any questions, get in touch anytime!

Leave a Reply

Your email address will not be published. Required fields are marked *