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Tornado Moves Through Claremore Pryor; Damage To Homes & Search And Rescues Underway

Tornado Moves Through Claremore Pryor; Damage To Homes & Search And Rescues Underway
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Claremore, Pryor, Salina Damaged From Tornadic Storms; Power Lines Down With Streets Blocked

Claremore, Pryor, Salina Damaged From Tornadic Storms; Power Lines Down With Streets Blocked
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COVID-19 Pandemic Causes Lumber Shortage For Home Builders

COVID-19 Pandemic Causes Lumber Shortage For Home Builders Lumber prices are at an all-time high. Builders said the prices can affect the decision of how to construct a home.  “The largest portion of your home purchase is going to be from the lumber yard,” Home Builders Association of Greater Tulsa president and CEO Jeffrey Smith said. Smith said COVID-19 has disrupted the supply chain, which has caused a shortage of lumber. “What that’s done on pricing is an increase on lumber of around 40 to 50 percent of the entire project of a home,” Smith said. Over the last year, the increased price of lumber has caused a 10 percent increase in the sale price of new homes.

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COVID-19 Pandemic Causes Lumber Shortage For Home Builders Lumber prices are at an all-time high. Builders said the prices can affect the decision of how to construct a home.  “The largest portion of your home purchase is going to be from the lumber yard,” Home Builders Association of Greater Tulsa president and CEO Jeffrey Smith said. Smith said COVID-19 has disrupted the supply chain, which has caused a shortage of lumber. “What that’s done on pricing is an increase on lumber of around 40 to 50 percent of the entire project of a home,” Smith said. Over the last year, the increased price of lumber has caused a 10 percent increase in the sale price of new homes.

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