Blog · Company News & Lumber Market
Price of Wood is Tanking - Incredible Prices For Consumers
High mortgage rates have helped slow down home sales and lead to slight home price declines.
By David Brannan · Published January 10, 2023 · Updated August 2, 2026 · 3 min read
- 500+ Google Reviews
- Featured on TV Multiple Times
- 25 Years in Business
Lumber prices hit their lowest level since June 2020 on Monday as the housing market continues to slow. High mortgage rates have helped slow down home sales and lead to slight home price declines. Home builder confidence fell for an 11th straight month in November to its lowest level in a decade.
Call The Hardwood Guys today for a free estimate, serving the Woodstock, Kennesaw, Alpharetta, and Marietta areas.
Lumber Market Swings, Then and Now
Lumber and hardwood material pricing has moved through some dramatic swings over the years, in both directions, driven by mill capacity, transportation, and shifts in new-construction demand. Falling material costs can be good news for a planned installation, but the timing rarely lines up perfectly with when a homeowner is ready to start a project.
That is exactly why we do not price off a market snapshot. Every quote comes from an on-site visit that looks at your actual floor, your chosen species and finish, and current material availability, so the number you get is accurate to your project on the day you book it, not to whatever the futures market did last quarter.
We carry access to hundreds of engineered, laminate, vinyl, and solid prefinished hardwood options, so a favorable material market on one species does not have to be the deciding factor in your project — we can usually find a comparable look that fits your timeline either way.
Ready to Get a Real Number for Your Project?
Every quote comes from an on-site visit, not a market snapshot. Request your free estimate today.
What Actually Determines Your Quote
Regardless of what raw material is doing, the biggest driver of a refinishing quote is almost always the condition of the existing floor and whether it needs a full sand-and-refinish or a lighter screen-and-recoat — the water-drop test (a few drops on a worn spot, wait ten minutes) is a quick way to tell which one you are likely looking at. Stairs, when present, are typically the single biggest per-square-foot cost driver of all, since every tread and riser is hand-worked.
In almost every case where the existing hardwood is structurally sound, refinishing costs less than full replacement, favorable material pricing or not, since it keeps the wood already in place. Financing up to $55,000, with interest-free options starting from $30 a month, subject to approval, is available whenever you are ready to move forward.
Locking In a Fair, Current Quote
Every quote we give comes from an in-person visit where we run the water-drop test if needed, bring physical stain and finish samples, and write up an itemized number specific to your floor and your timeline — not a figure that depends on catching a favorable moment in the lumber market. After 25 years and more than 50,000 completed jobs, that process has held up through every kind of material pricing swing.
Financing is available up to $55,000, with interest-free options starting from $30 a month, subject to approval, whenever you are ready to schedule your estimate.
500+ Reviews, 25 Years, One On-Site Process
Lumber markets are outside anyone's control, but our process is not. Every project starts with a free, on-site visit where we assess your floor's actual condition, bring physical stain and finish samples, and write up an itemized estimate before any work begins. That process is the same one that has earned The Hardwood Guys more than 500 five-star Google reviews and multiple TV features since we started in 2001.
More than 50,000 completed jobs later, the crew that shows up for your estimate has seen just about every combination of species, finish, and floor condition North Metro Atlanta has to offer, market swings included.
Call 470-826-3581 or request your free estimate below, and we will give you a straight, written answer on what your project actually needs, market conditions aside.
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