Will building materials go down in 2022?

magazine.realtor - The 'Lumber Bubble' May Have Just Burst | Realtor Magazine

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Since the pandemic, lumber prices have skyrocketed to record highs, adding to new-home construction costs. But prices are now coming down. Lumber prices have fallen 12% this week, reaching a new low in 2022. That could be welcome news for new-home buyers and builders. Over the past year alone, the swings in lumber prices have prompted the price of a new single-family home to rise by more than $18,600, according to the National Association of Home Builders. In the last three months, lumber prices have started to come down as the housing market shows signs of slowing and interest rates rise. A glut is forming in the lumber market as inventories begin to pile up. Lumber buyers have slowed their orders, and sawmills are beginning to slash their prices, The Wall Street Journal reports. Lumber prices have fallen 47% year to date. They are down 65% from a 2021 record high of $1,733 per thousand board feet. The big drops should help ease inflationary pressures in the housing market, and the costs to build should come down, Markets Insider reports. Dustin Jalbert, a senior economist who leads Fastmarkets RISI’s lumber team, told Fortune that lumber’s volatile cycles in recent years is likely over—unless an unforeseen economic crisis erupts. “I think the worst is behind us now,” Jalbert told Fortune. But he says there’s a lot of “concern” about what lumber demand will look like in the second half of the year as recession predictions grow. There’s still a backlog in fulfilling demand and supply issues—which triggered the record prices in the first place. Producers are focused on getting through their current commitments, which should lead to lower futures prices moving forward, Kyle Little, chief operating officer at Sherwood Lumber, told Fortune. Lumber prices will likely moderate to between $450 to $600, but they won’t collapse, Jalbert told Fortune. Also, “there’s still decent underlying demand that will support housing construction,” he adds.

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Can you live in a yurt in Georgia?

Yurt glamping in Georgia has become the latest getaway for campers who want a luxury experience and still get close to nature. Georgia's year-round mild climate makes it perfect for the use of yurts for short-term rentals and vacation getaways.

yurtsofamerica.com - Yurts for Sale in Georgia

Here’s a look at what goes into building and using a Georgia yurt:

Using Yurts for Upgrading Your Campground for Glamping in Georgia

The popularity of yurt glamping is evidenced by the fact that Georgia State Parks offer yurts for short-term rentals to campers who want more in the way of creature comforts. Yurts are spacious, require little in the way of construction materials and labor, and are easily equipped with furnishings to make a comfortable interior for guests to relax in and enjoy. The best yurts in GA for glamping are usually equipped with a ceiling fan, screened or glass windows, a front door, heating and AC, and electrical outlets to give guests a place to cool off or warm up after a day of exploration. The clear span structure of a yurt makes it perfect for customizing in ways that make sense for you and your glampers.