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.
The National Association of Realtors’ Pending Home Sales Index increased 2.5% on a month-over-month basis to a reading of 76.9 in December.
The builder is focused on turning its inventory to maximize returns and has adjusted selling patterns to better ensure certainty for buyers and reduce cancellations compared with previous quarters during the fiscal year.