Press Contact

Valerie Sheets
vsheets@zondahome.com
949-294-9557
Press

Ali Wolf on NPR Marketplace

Jul 15, 2022

11% of builders have dropped their prices, according to Zonda’s data

 

The recent rise in mortgage rates has priced many potential home buyers out of the market, causing sales to slow. A trend that lends itself to incentives and price cuts from home builders. Ali Wolf, chief economist, reported to NPR’s “Marketplace” host Amy Scott about what rising interest rates mean for homebuilders and prospective buyers.

“I think that the most important thing to keep in mind is that housing has been and always will be an interest-rate sensitive industry,” said Wolf. “So as we’ve seen interest rates go up, borrowing costs go up, we’ve seen consumers react the way you would imagine, which is they’ve been slowing demand and slowing their desire for homes because of how expensive housing has become.”

Listen to Ali on NPR’s Marketplace today.

"11% of builders have, at this point, dropped their prices."
Ali Wolf, Chief Economist

Are you interested in interviewing or booking Ali Wolf to speak at your event? Contact us today to learn more about availability.

Zonda Advisory services cover the entire spectrum of real estate, helping companies grow their business and realize their goals. Our work is tailored to each client to help them lead, expand and evolve.

Ali Wolf

Chief Economist

Ali Wolf

Chief Economist

Recent news

Services Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Tech Services Sign Up

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Zonda Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with Builder

Please complete and submit the form below to access our rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with MFE

Please complete the form below to access the Multifamily Executive rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with AHF

Please complete the form below to access the Affordable Housing Finance rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with JLC

Please complete the form below to access the Journal of Light Construction rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with Architect

Please complete and submit the form below to access our rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Work together with PSN

Please complete the form below to access the Pool and Spa News rate card.
By clicking this button, you agree to our
Terms & Privacy Policy

Don't miss an update

Sign up for our newsletter to get timely housing market information, event and webinar updates, and product updates.
By clicking this button, you agree to our
Terms & Privacy Policy

Discover how Zonda can help grow your business

Complete the form below and a Zonda rep in your region will contact you with more information
By clicking this button, you agree to our
Terms & Privacy Policy

Demo Zonda Enterprise

Complete the form below and a member of our team will reach out to schedule a demo.
By clicking this button, you agree to our
Terms & Privacy Policy

Demo Zonda MortgagePro

Complete the form below and a member of our team will reach out to schedule a demo.
By clicking this button, you agree to our
Terms & Privacy Policy

Learn More About Bird.i

We'll be in touch soon to help you push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Frame Information Request

We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

BuildingProductPro

Complete the form and a member of our team will reach out to schedule a demo
By clicking this button, you agree to our
Terms & Privacy Policy

BP Research Perspective

Complete the form and a member of our team will reach out to you
By clicking this button, you agree to our
Terms & Privacy Policy

Residential Remodeling Index

Complete the form and a member of our team will reach out to schedule a demo
By clicking this button, you agree to our
Terms & Privacy Policy

Home Building Outlook

Complete the form and a member of our team will reach out to discuss your needs
By clicking this button, you agree to our
Terms & Privacy Policy