Posted in Cabinets, Hot Topics, Planning, Return on Investment

What to expect in 2009: Price Increases

What buzzed across my fax machine this past week caused me to groan, “price increase from my cabinet manufacturers? Not again!”

The three things that are unavoidable are death, taxes, and price increases.

Several appliance manufacturers recently increased prices by a dramatic 20% due to the cost of raw goods, energy and production costs. If you got in on a sale before appliances went up this fall, good for you. I am telling all my clients who were holding out until after the holidays to order now while you can still buy cabinets at 2008 prices.

Why wait? Cost of goods inflation waits for no one.

If you were thinking of getting started in ’09, start looking for end of year deals now.

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Author:

Laurie Burke, connected to the design and construction industry since 1996. A seasoned residential kitchen and bath design specialist , Laurie has designed thousands of kitchens & baths as well as other cabinetry projects requiring technical precision in design drafting utilizing state of the art 2020 software for creating accurate plans and elevations. Through on- going product knowledge training and a desire to always stay current with an evolving marketplace, Laurie Burke maintains a strong command of knowing the appropriate Fit & Finish materials required for a residential remodel to meet the budget, the timeline of a project and a client's need for a finished product that meets their satisfaction. Kitchen Designer by trade, foodie, techie, weekend traveler for fun. For more information contact me at burkeKBdesign@gmail.com http://laurieburke.houzz.com

5 thoughts on “What to expect in 2009: Price Increases

  1. A two month reprieve in energy is not enough to mitigate escalating cost pressures across the board.

    Labor, insurance, energy costs, unprecedented costs in raw materials in particle board, finish materials, steel, corrugated materials.

    The government bail out of AIG and now perhaps the auto industry all at tax payer expense is mind boggling.

    Should it be any surprise that businesses are struggling everywhere? Who gets to bail out the little guy? No one.

    Like

  2. A two month reprieve in energy is not enough to mitigate escalating cost pressures across the board. Labor, insurance, energy costs, unprecedented costs in raw materials in particle board, finish materials, steel, corrugated materials. The government bail out of AIG and now perhaps the auto industry all at tax payer expense is mind boggling. Should it be any surprise that businesses are struggling everywhere? Who gets to bail out the little guy? No one.

    Like

  3. Truth be told, there has not ever been a year, since 1983 that I have personally witnessed, that there has NOT been a price increase from cabinet manufacturers. Any time profits start getting eaten by costs, it’s time to raise prices. Then they have to make improvements in the products they sell to justify the price increase.A few years of this and a dealer’s displays are woefully out of date.Not to mention the dislocation and costs of updating computer programs to reflect additions and changes in catalog prices.Sure puts a damper on taking a Holiday vacation for dealers.Peggy

    Like

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