He Made A Billion Building Houses For Florida’s ‘Marvelous Middle.’ Now Things Aren’t So Marvelous. https://t.co/ygyWJDjgHe https://t.co/ygyWJDjgHe ...

He Made A Billion Building Houses For Florida’s ‘Marvelous Middle.’ Now Things Aren’t So Marvelous. https://t.co/DJnDAWgAWL https://t.co/DJnDAWgAWL ...

He Made A Billion Building Houses For Florida’s ‘Marvelous Middle.’ Now Things Aren’t So Marvelous. https://t.co/CEanNo00xz https://t.co/CEanNo00xz ...

Core Insights - Latham Group, Inc. has appointed Jeffrey J. Jackson as an independent member of its Board of Directors and as a member of the Audit Committee, increasing the board size from eight to nine directors [1][2]. Group 1: Appointment Details - Jeffrey J. Jackson is currently the CEO of Cabinetworks Group, Inc., the largest privately-owned kitchen cabinet manufacturer in the U.S. [2] - Jackson has a notable background, having served as President and CEO of PGT Innovations, Inc., where he led the company to significant growth and national brand recognition in the fenestration industry [2][3]. - His previous executive roles include positions at The Hershey Company, Mrs. Smith's Bakeries, and The Coca-Cola Company, showcasing a diverse experience across various sectors [2]. Group 2: Board Commentary - James C. Cline, Chairman of the Latham Board, expressed enthusiasm about Jackson's appointment, highlighting his visionary leadership and extensive expertise in executive management and finance [3]. - Cline noted that Jackson's broad sector knowledge and industry relationships will provide valuable operational and strategic experience to support Latham's growth and competitive positioning [3]. Group 3: Company Overview - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand [4]. - The company operates with approximately 1,850 employees across 30 locations, indicating a robust operational platform [4].

Factory-made units are helping Los Angeles to rebuild after the fires. But for all its promise, the industry still has a lousy reputation https://t.co/dyglNDQFPS ...

Cost Impact of Tariffs - UBS estimates tariffs could raise the average cost of building a single-family home by nearly $8,000 [1] - Of the $7,900 increase, $6,300 is due to reciprocal tariffs, $1,000 from Canadian lumber tariffs increasing from 145% to 35%, and $550 from copper [3] - The $7,900 increase represents approximately a 76% cost increase for an average family home [3] Builder Strategies and Market Dynamics - Builders, especially the top 16 which represent 50% of the market, are expected to push back on the value chain to offset costs [4] - The US lumber coalition claims it can handle 95% of what is being produced in Canada domestically, with US mills running at 60% to 65% capacity utilization [6][7] - An executive order aims to cut down 25% more timber [7] - A $68 trillion wealth transfer in the US is benefiting entry-level home buyers [8] Existing Home Market - Existing homes average 44 years old and may not be at the right price points, difficult to ensure, and rates cannot be bought down [10]

Group 1 - The housing sector is currently experiencing a downturn, and this trend is expected to persist in the foreseeable future [2] - Tri Pointe Homes, Inc. (NYSE: TPH) is highlighted as a home builder that has shown significant insider buying activity [2] - The Insiders Forum focuses on small and mid-cap stocks with recent insider purchases, aiming to outperform the Russell 2000 benchmark [2]

Industry Focus - The article discusses a person who made a billion building houses for Florida's 'Marvelous Middle' [1] - The current situation is not so marvelous [1]

Home-building companies now commonly reduce borrowers’ mortgage rates on new homes by kicking in some of the financing, but one byproduct of those efforts is that they’ve kept home prices elevated, according to Morgan Stanley https://t.co/1iQRJsJofX ...

Core Points - Toll Brothers, Inc. has received multiple awards for its New Jersey division, including the prestigious Townhome Community of the Year for Middletown Walk [1][4] - The awards were presented at the Sales and Marketing Awards (SAM) and the Fabulous Achievements in Marketing Excellence (FAME) Awards, recognizing significant contributions to the home building industry [2][3] - The company has been acknowledged for excellence in various categories, including design, marketing, and sales achievements [2][5] Awards Summary - **SAM Awards**: Toll Brothers won several categories, showcasing their leadership in home building [2] - **FAME Awards**: 14 sales representatives were recognized for their professional sales achievements, earning Million Dollar Club honors [3] - **Specific Awards**: Notable awards include Grand Award, Best Design Center, Best Sales Office, and multiple awards for Middletown Walk in various categories [5] Company Overview - Toll Brothers, Inc. is a Fortune 500 Company and the 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 offers a wide range of housing options for various buyer segments [8] - Toll Brothers 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 quality in the industry [9]