David Goldberg on labor market
From David Goldberg, Chief Financial Officer at Beazer Homes joins NYSE TV Live · · New York Stock Exchange
“Certainly we're watching the job market pretty carefully we're watching wages especially for our employees and for our vendors and folks that we hire out into our business so I think it's still early to tell but we're watching it very closely.”
On , David Goldberg, Senior Vice President, Chief Financial Officer & Treasurer at BEAZER HOMES USA INC, spoke about labor market during David Goldberg, Chief Financial Officer at Beazer Homes joins NYSE TV Live on New York Stock Exchange.
About David Goldberg
David Goldberg, Senior Vice President, Chief Financial Officer and Treasurer at Beazer Homes USA, appeared on NYSE TV Live on December 17, 2024, to discuss the company's fourth-quarter results and outlook. He noted that October sales grew over 30% year-over-year, attributing the increase to buyers returning to the market despite high mortgage rates. Goldberg stated that he expects mortgage rates to remain "higher for longer" in the seven percent range, adding that the company had previously anticipated a decline in rates. He said Beazer is watching the job market and wages closely, but described it as "still early to tell" what impact potential policy changes from the incoming Trump administration, such as tariffs and mass deportations, could have on the business. Goldberg highlighted Beazer's commitment to building "Zero Energy ready" homes, stating the company plans for 100% of its homes to meet that standard by the end of calendar year 2025, a goal he said no other public builder has made. He also discussed the company's "mortgage Choice" program, which allows lenders to compete for buyers at the community level, and said Beazer is focused on growing its community count and driving double-digit returns on capital employed.