Core Insights - Berkshire Hathaway has shifted its investment strategy to include technology stocks, which was previously avoided by Warren Buffett [1][2] Group 1: Berkshire Hathaway Portfolio Highlights - Berkshire Hathaway owns approximately 10 million shares of Amazon, indicating a significant investment in the tech sector [4] - Amazon's growth potential is substantial, with a forward P/E ratio of 34, below its five-year average of 46, making it an attractive investment [5] - Lennar, a major American homebuilder, is a new holding for Berkshire, with a promising long-term outlook due to the demand for affordable housing [6][8] - Lennar's shares have a price-to-sales ratio of 1 and a forward P/E of 13, suggesting reasonable pricing [8] - Chevron is Berkshire's fifth-largest holding, with nearly 7% ownership, and offers a dividend yield of 4.5% [9] - Chevron's forward P/E is 20, slightly above its five-year average of 14, indicating potential overvaluation [11] - UnitedHealth Group is a new addition to Berkshire's portfolio, currently facing challenges but seen as a potential buying opportunity due to demographic trends favoring healthcare [12] Group 2: Berkshire Hathaway as an Investment - Investing in Berkshire Hathaway itself is recommended, as it is expected to continue growing over time, despite potential changes in management [13][14] - Berkshire does not currently pay a dividend, but future management may consider this option [14]

The home construction ETF, the ITB, is having its best day since July 22nd. Our next guest says the rally is long overdue. Let's bring in UBS home builders analyst John Lvalo.John, why is it overdue. Hey, Morgan, thanks so much for having me. Interestingly, this is sort of the next leg of a rally that began at the beginning of earning season, and it's something that we had highlighted in our preview note, and we our preview note was titled bear trap.And really what we were suggesting is that investor sentim ...

Welcome back. We're watching some big moves in the housing space. Diana Olic is here with more on that.Hi, Diana. Hey, Mike. Yeah, for builders, it's all about the mortgage rates. And today, it's the potential for even lower mortgage rates that has the stocks rallying.The average rate on the 30-year fix fell to 65.55% this morning, according to Mortgage News Daily. That's the lowest since October. Now, it has been on the lower side all month, but really struggling to break out over the last few weeks.Today' ...

Company Overview - Hovnanian Enterprises, Inc. is one of the largest homebuilders in the United States, founded in 1959 and headquartered in Matawan, New Jersey [4] - The company operates in multiple states including Arizona, California, Delaware, Florida, Georgia, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia [4] - Hovnanian's homes are marketed under the trade name K. Hovnanian Homes, and it is also a significant builder of active lifestyle communities through its subsidiaries [4] Event Participation - Hovnanian Enterprises will present at the Midwest IDEAS Investor Conference on August 27, 2025, at 3:45 pm ET [1] - The presentation will be available via webcast on the conference host's website and the investor relations section of Hovnanian's website [1] IDEAS Investor Conferences - The IDEAS Investor Conferences aim to provide a platform for quality companies to present their investment merits to investment professionals [2] - These conferences are sponsored by investors for the benefit of regional investment communities, with sponsors managing over $200 billion in assets [2]

Core Insights - LGI Homes, Inc. announces the grand opening of a new section in Neuse Ridge, Clayton, North Carolina, providing an opportunity for homebuyers to purchase new homes in a desirable community [1][4] - The community is strategically located with easy access to major highways and employment centers, making it attractive for commuters [1][2] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [5] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service [5] Community Features - Neuse Ridge will feature 25 uniquely designed homes, emphasizing privacy and community integration [2] - The homes are priced starting at $339,900 and include LGI Homes' CompleteHome™ package, which features energy-efficient appliances and modern design elements [3] Location Benefits - The community is located near recreational facilities such as the Glen Laurel Golf Course and the Venison Ridge Swim and Tennis Club, appealing to families and active individuals [3] - Neuse Ridge is served by top-rated Johnston County schools, enhancing its appeal for families focused on education [2]

Core Points - Meritage Homes Corporation has declared a quarterly dividend of $0.43 per share, payable on September 30, 2025, to shareholders of record as of September 16, 2025 [1] - The Board of Directors has approved a $500 million increase to the Company's share repurchase authorization [1] Company Overview - Meritage Homes is the fifth-largest public homebuilder in the U.S., based on homes closed in 2024, offering energy-efficient and affordable entry-level and first move-up homes [2] - The Company's operations span across multiple states including Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina [2] Historical Performance and Recognition - Over its 40-year history, Meritage has delivered more than 200,000 homes and is known for its distinctive style, quality construction, and award-winning customer experience [3] - The Company is recognized as an industry leader in energy-efficient homebuilding, having received multiple awards from the U.S. Environmental Protection Agency, including the ENERGY STAR® Partner of the Year for Sustained Excellence Award [3]

Core Insights - Toll Brothers, Inc. is launching model homes at Manzanita Park in Morgan Hill, California, with a grand opening event scheduled for August 23, 2025 [1][2] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [9] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [9] Product Offering - Manzanita Park features townhome-style condos ranging from 1,348 to over 2,425 square feet, with configurations of 2 to 4 bedrooms and 2.5 to 3.5 bathrooms [4] - Homes are priced starting from the low $900,000s, with high-end finishes and personalization options available [4] Community Amenities - Residents will have access to amenities such as pickleball courts, a community tot lot, a private dog park, and a centralized resident congregation area [5] - The community is located in a scenic area of the Santa Clara Valley, close to downtown Morgan Hill, which offers shops, restaurants, and community events [5][6] Customer Experience - Toll Brothers provides a state-of-the-art Design Studio for customers to personalize their homes with the help of professional Design Consultants [7]

Core Insights - Toll Brothers, Inc. has announced the grand opening of model homes at Manzanita Park, a new luxury townhome-style condo community in Morgan Hill, California, scheduled for August 23, 2025 [1][2] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [9] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a diverse range of housing options for various buyer segments [9] Product Offering - Manzanita Park features townhome-style condos ranging from 1,348 to over 2,425 square feet, with configurations of 2 to 4 bedrooms and 2.5 to 3.5 bathrooms, priced from the low $900,000s [4] - The community includes high-end finishes and personalization options available at the Toll Brothers Design Studio [4][7] Community Amenities - Residents will have access to amenities such as pickleball courts, a community tot lot, a private dog park, and a centralized resident congregation area [5] - The location offers scenic views and proximity to downtown Morgan Hill, which features unique shops, restaurants, and community events [5][6] Strategic Positioning - The community's location near Silicon Valley provides residents with access to employment and educational hubs, as well as vibrant nightlife and dining experiences [6]

Core Insights - Toll Brothers, Inc. is launching three new luxury home collections in the Eldorado neighborhood of Santa Rita Ranch, Liberty Hill, Texas, with sales starting in fall 2025 [1][5] Group 1: Home Collections - The Maravilla Collection features homes ranging from 2,238 to 3,116 square feet on 50-foot-wide sites, with starting prices from the low $600,000s [2] - The Sierra Collection offers homes from 2,857 to 3,899 square feet on 60-foot-wide sites, starting from the low $700,000s [2] - The Tesoro Collection includes homes ranging from 3,292 to 4,700 square feet on 70-foot-wide sites, with starting prices anticipated from the low $800,000s [2] Group 2: Customer Experience - Toll Brothers provides a one-stop shopping experience at the Toll Brothers Design Studio, allowing customers to personalize their homes with professional design consultants [3] Group 3: Community Amenities - Santa Rita Ranch features luxury amenities such as six resort-style pools, water slides, splash pads, playgrounds, pickleball courts, a fitness center, and extensive parks and nature trails [5] - The community has received multiple awards, including Best of the Best Amenities in the Austin Area and Community of the Year awards from various organizations [5] Group 4: Company Overview - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the United States, operating in over 60 markets across 24 states [8] - The company has been recognized as one of Fortune magazine's World's Most Admired Companies for over 10 years and has received multiple accolades for its leadership and performance in the industry [9]

Core Insights - Toll Brothers, Inc. has opened new model homes at Willow Glen in Forsyth County, Georgia, featuring luxury single-family homes with access to high-end amenities [1][4] - The community offers two-story homes with 5 bedrooms and 3.5 to 5.5 bathrooms, ranging from 3,297 to over 4,674 square feet, priced from the upper $700,000s [4][6] - The Toll Brothers Design Studio provides a personalized shopping experience for homebuyers, allowing them to customize their homes with professional design consultants [5] Company Overview - Toll Brothers is a leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986 [8] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of housing options for different buyer segments [8] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9]