David Goldberg on sales performance
From David Goldberg, Chief Financial Officer at Beazer Homes joins NYSE TV Live · · New York Stock Exchange
“October sales were up more than 30% year-over-year so we're seeing buyers come back into the market traffic's really good despite high rates right affordability remains an issue.”
On , David Goldberg, Senior Vice President, Chief Financial Officer & Treasurer at BEAZER HOMES USA INC, spoke about sales performance 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.