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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (59756)	8/11/2006 3:33:42 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<Major home builders don't purchase their supplies at Home Depot and your local retail lumber yard>> <<You pay high retail like Don Earl, and Tradelite do and your prices are 50% higher than 2 years ago. >> This is a vacant argument from you, as usual. Prices are prices. If no one is buying a new home (which the real estate bears believe), then the common simple average homeowner who already owns one of those bazillions of homes built in the past one-to-ten decades (or the contractors they hire) are paying home-maintenance prices at the local retail store. When you "get it", you'll sound a little more intelligent.

To: Elroy Jetson who wrote (59756)	8/11/2006 4:15:44 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 306849

Do you really think anyone on this thread is crazy enough to think builders buy through Home Depot or Lowes? Contractors, flippers, and homeowners do, which was my point. I buy a lot of my material off the cull cart, and have a large stock of 5' and shorter lumber of all types. Most of it is virtually free, and it cuts my total materials cost to about what the builders pay, at least for projects that can utilize it. As you surely know, builders get lower prices because they buy/sign contracts that guarantee volume. That may help explain why they are still overbuilding. They are stuck with the materials whether they use them or not, unless they want to sell the contracts at a big loss. That also helps explain why lumber futures are down now. No one is buying and the builders want out.