Joe Sanderson: Lumber prices are not going to go back to where they were a year ago – Lesprom
With the potential of a Biden presidency and continued lockdowns, one of the major structural changes in the U.S. economy is people working from home. They are looking for larger homes with more space for home offices. This year, small land tract sales have been a high point for Atlanta-based Domain Timber Advisors. According to Joe Sanderson, managing director of natural resources at Domain, the company is also enjoying the rise in timber sales prices due to increased demand from sawmills, which are ramping up production.