Vincent Salandro is an associate editor for Builder. He covers products for the Journal of Light Construction and also has stories appearing in other Zonda publications. He earned a B.A. in journalism and a B.S. in economics from American University.
Robert Dietz, Danielle Hale, and Ali Wolf share economic forecasts for 2023 and the outlook for the housing market.
Annual expected decreases in the Residential Remodeling Index (RRI) through 2025 reflect the rapidly slowing housing market and a high probability for recession.
Home price appreciation, inflation, and rising mortgage rates highlight affordability concerns in the housing market.
Zonda’s Ali Wolf and Tim Sullivan highlight regional housing market trends as inflation and mortgage rates continue to feed affordability concerns.
How softening demand, greater consumer fear, and rising cancellation rates have prompted leading builders to respond with increased financial incentives and differing sales approaches.