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  • Albany teen seriously injured by hit & run driver

    Albany teen seriously injured by hit & run driver

    Tuesday, July 29 2014 4:02 AM EDT2014-07-29 08:02:54 GMT
    Albany Police searching for hit and run driver.More >>
    Albany Police searching for hit and run driver.More >>
  • Worth Co. hosts open house

    Worth Co. hosts open house

    Monday, July 28 2014 11:24 PM EDT2014-07-29 03:24:37 GMT
    It's already back to school time for some south Georgia students. Classes start tomorrow in Worth County.On Monday afternoon, all the schools held open houses for parents and students.At Worth County elementary, families got to met the teachers and get acquainted with the school.The Principal says the staff is ready, and parents told us they appreciated the open house."We are just going to keep going strong with things that we have done in the past, we had a very successful school year last y...More >>
    It's already back to school time for some south Georgia students. Classes start tomorrow in Worth County.On Monday afternoon, all the schools held open houses for parents and students.At Worth County elementary, families got to met the teachers and get acquainted with the school.The Principal says the staff is ready, and parents told us they appreciated the open house."We are just going to keep going strong with things that we have done in the past, we had a very successful school year last y...More >>
  • Lee Co. Woman speaks out about scary home invasion

    Lee Co. Woman speaks out about scary home invasion

    Monday, July 28 2014 11:20 PM EDT2014-07-29 03:20:11 GMT
    A Lee County woman says she'll think twice before opening her front door after a frightening home invasion.Tonya Stewart says Friday night a group of young people rushed inside her home and beat her up.Her husband ran to help. In the meantime, her 2-year-old niece suffered a busted lip.Stewart ended up with bruises and a black eye.“I just felt like my house was in danger and my life was in danger. I felt like I was gonna be killed or someone in my house was gonna be killed. I had a little gir...More >>
    A Lee County woman says she'll think twice before opening her front door after a frightening home invasion.Tonya Stewart says Friday night a group of young people rushed inside her home and beat her up.Her husband ran to help. In the meantime, her 2-year-old niece suffered a busted lip.Stewart ended up with bruises and a black eye.“I just felt like my house was in danger and my life was in danger. I felt like I was gonna be killed or someone in my house was gonna be killed. I had a little gir...More >>

August 18, 2004

Thomasville - The cost of building supplies has fluctuated over the past year due to skyrocketing oil prices. And now, the price of those supplies is expected to climb even higher due to the devastation caused by Hurricane Charley.

Lumber, nails, even hammers, all examples of building supplies that have increased in price over the past year. Dr. Bill Hamby, business Professor at Thomas University says, "There's no question that the price of oil has had an impact, because the cost of transporting the goods from the mill to the distributors has increased substantially."

Still, because of low interest rates, many people are deciding to build anyway. But mortgage rates are rising. "With an increase in mortgage rates, there will be a slight slow down in construction starts," says Hamby.

Now, another increase in building supplies will come following the multi-Billion dollar destruction of Hurricane Charley. Hamby says, "I don't think there's any question that we'll see some direct impact from that because it will reduce the supply of building materials available here in the Southwest Georgia area."

But there is good news, the price of those materials should stabilize as mortgage rates increase and reconstruction efforts in Florida get underway. If you decide to build a home there are some ways to save yourself some cash. You can paint the house and do the landscaping yourself.

posted at 5:06 PM by karen.collier@walb.com