Skyrocketing Lumber Prices Hit California New Home Buyers Hard

Walnut Creek CA

09 April, 2021

6:26 PM

Description

By Susie Steimle, CBS San Francisco: BAY AREA (KPIX) — Lumber prices have hit historic levels and they're making homes in California even more expensive, builders say it's causing a ripple effect that will price more people out. For those who were lucky enough to shelter in place in a home they own this past year, 2020 gave them time for DIY projects. "People were sitting home for a year, looking at their old house. They get tired of that and they start thinking of building a home office," said Denny Kasten, president of Kasten Builders. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.