Lumber costs rising again, further driving up new home prices

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Rising lumber prices are affecting builders and homebuyers, making already expensive homes even more pricey. Alan Colby, owner of Baton Rouge company Colby Constructors, says lumber futures usually hover around $1,000 for 1,000 board feet. However, costs are now around $1,200 after reaching $1,600 last summer, and Colby says it would not surprise him to

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