I bought NAIL when the Market panicked with i-rates. Added XHB, LEN, DHI, SSD(Great strong walls), BECN, TPH, Pulte-Centex, TREX because there’s no inventory. I have friends booked months out on tresses(Six months), framing and roofing jobs. You can’t find enough pipe fitters, masons, electricians, ect. The builders refused to get burned like 2008-11.TPH is trading at ATH and had nearly parabolic run up to now. It could still go up higher from here but, I dunno, it seems a bit too frothy. I would wait for a good amount of pullback before jumping in like around $23-ish.
Unless we magically come up with a glut, they’re going higher! Look at BZH and NVR.
