By Melissa Dittmann Tracey, REALTOR® Magazine
Those kitchen cabinets may soon get pricier.
A new law recently signed by President Obama limits the amount of formaldehyde used in U.S. products. Formaldehyde can be found in the glue that holds wood together, often used in furniture, cabinets, and inexpensive wood products.
While the new law will make furniture greener — and safer to your health — some furniture-makers will likely need to increase the cost of their products as they explore an alternative to using formaldehyde. Some industry experts predict that furniture pricetags may increase anywhere from 5-15 percent on items that currently contain the formaldehyde-based glue.