The Building Code Ep. 249: Economic outlook for 2025

On this episode of “The Building Code,” Courtney is flying solo on an insightful episode with Tim Sullivan, chief advisory officer at Zonda. Tim has developed the ability to interpret diverse statistics and trends and translate them into actionable plans. He is a major influencer in the field of real estate market research and community development.

Tune in to the full episode to get Tim’s thoughts on current economic trends as we start 2025 – and see what his predictions are for later in the year.

Read the shownotes for this episode here:
https://buildertrend.com/podcast/the-building-code/249-tim-sullivan/

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0:00-3:40 – Introduction and getting to know Tim Sullivan
3:41-5:00 – Why it is important to pay attention to the economy
5:01-7:00 – the theme of the economy heading into 2025
7:01-8:43 – Interest rates, certainty supply and capital market
8:44-10:02 – Housing demand in 2025
10:03-14:01 – Markets with a leg up in the new year
14:02-15:35 – Economic impacts that are effecting builders
15:36-17:25 – Opportunities for builders and business owners
17:26-19:50 – Change happens quick, focus on what you can control
19:51-23:55 – Quality is important for homeowners
23:56-2738 – How do builders stay resilient?
27:39-29:39 – Wellness and goal setting
29:40-32:03 – Outro and episode recap