There was a fire at American Log Homes Inc.’s property. News couldn’t report the extent of the blaze, but it appears to have been extinguished quickly. Also it wasn’t mentioned what was the purpose of the building, was it a mill or office. However this could very well postpone their log home deliveries. Company’s website doesn’t mention the fire, so are there anyone out there who have acquired a American Log Homes log home lately? Were your log home deliveries delayed?
I just noticed that National Association of Home Builders had predicted coming slowdown on the housing market back in November. They comprise Housing Market Index, which showed that builders are getting bit cautious about new housing starts. Backlogs should carry industry well to this year. Analysts say that this could mean just a slight drop in total sales.
Seems like we have controlled cooling instead of dramatic crash. This bodes well for log home and log cabin owners as our choice of housing has certain image that will attract buyers, sellers and builders even on slower times. Market crash would hurt us too, but I am confident that log homes retain their value better than normal housing and mere slowdown still keeps us rather well-off.