Pool News
Flipping Home Equity Into a Swimming Pool
The relationship that consumers have with their homes has changed in the face of the Covid-19 pandemic. The average homeowner has doubled their home equity since 2020. Homeowners gained $3.2 trillion in equity in 2021 alone. Across the nation, folks were eager to use that equity to finance backyard improvements.
With a housing market shortage, the prices for homes have skyrocketed to the point that many believe their investment will pay off down the road. Consumers are investing in outdoor home improvements like a pool, calculating that improving the backyard will ultimately increase the value of their home. This is a strategy that may pay off, especially as swimming pools become more expensive to build in 2022.
Supply chain shortages and a tight labor market have plagued the pool construction industry over the past two years. Pool equipment shortages came seemingly out of nowhere. Basic materials were in short supply. Concrete prices have continued to soar. Consequently, the price of an inground pool has gone up substantially since 2020.
Most pool construction companies rely on a healthy subcontractor base. Today, the number of masonry crews that were available before the pandemic is roughly half of what it was in 2020 and ranks 4th in severity amongst labor shortages in the trades. Among the subs that are still operating, many are working with a skeleton crew with half the number of workers they had prior to Covid. The prevailing labor shortage problem in itself is why it’s taking longer to build swimming pools.
Those with the foresight to know when to strike while the iron is hot may not get a better deal by ‘waiting it out’. Prices for inground pools are expected to climb again in 2023, waiting to build may not be the smartest option if it winds up costing thousands extra.
Using Home Equity To Buy a Pool
For Donna Sanchez of Folsom, CA, the choice was a clear one. She spoke with Pool Magazine about the challenges of building her dream backyard. “When our community swimming pool was shut down due to Covid, my mind was made up – we were building a pool.” Her husband was working remotely from home and having the kids around taking their lessons online meant a full house for Sanchez. Building a swimming pool in the backyard meant an answer to a variety of problems.
Financing backyard improvements like building a pool meant refinancing her home and flipping her home equity into an inground pool. “As easy as the financing process was for us, the building process was the complete opposite,” said Sanchez.

Everything Was More Expensive
Plagued with a series of delays due to weather, permitting, and construction, Sanchez said her pool was finished by mid-2021, roughly 3 months behind schedule. “Everything about the project was more expensive than we initially anticipated. During construction, the price for materials just went absolutely crazy.”
Prior to the pandemic, the Sanchez family had considered building a swimming pool but had put off the idea for concerns it would lower the resale price of their home. Traditionally, this line of thinking may have been true. Homes with swimming pools tended to take longer to sell as they would need to appeal to a particular buyer who wanted one in their backyard. The additional costs of maintenance and insurance were considerations that could turn away many buyers.
“Waiting Cost Us $30K”
“The pandemic changed everything,” said Sanchez, “if I had a crystal ball and knew the price for a pool would shoot up the way it did, we would have built back in ’19. Waiting wound up costing us probably an additional $30,000 to build our pool.”
“The hardest part of building a pool was competing against everyone else who wanted one at the same time. The initial builder we wanted to build with was booked solid, and so was our second choice,” explained Sanchez, who said that quite often communication with her builder was lacking throughout the entire process. She claims he was inundated with other projects they were building simultaneously with hers.
By the end of 2021 and the beginning of 2022, it had become increasingly desirable to purchase a home that included a swimming pool, if only to save the hassle of installing one. Rather than dealing with the difficulty of building, buying a home that was “ready to swim” has been what many consumers have opted for. “We’re seeing homes with a swimming pool go for a premium,” said Yuba City realtor, Michelle Lightle, “consumers who don’t wait to wait for two years to get their swimming pool built are snapping up homes that already have a pool.”
Pool News
Blue Wave Recall on Over 13,000 Above Ground Pools
Blue Wave has issued a recall affecting multiple above-ground swimming pool models after federal safety officials identified a potential drowning hazard involving children.
The recall, announced by the U.S. Consumer Product Safety Commission (CPSC) on December 18, covers approximately 13,400 Blue Wave brand above-ground pools that are 48 inches deep or taller and utilize an exterior compression strap as part of the pool’s frame system.
Reason for the Recall
The affected pools feature a compression strap positioned around the outside of the vertical support poles. While the strap is designed to provide structural stability, the CPSC determined that its placement may unintentionally create a foothold.
According to the agency, this foothold could allow children to climb into the pool, even when the ladder has been removed, creating a risk of unsupervised access and potential drowning.
No injuries or fatalities have been reported in connection with the recalled products at the time of the announcement.
Affected Models
The recall applies to the following Blue Wave above-ground pool models:
• Blue Wave 15-Ft Rd 48-In Active Frame Pool
• Blue Wave 18-Ft Rd 52-In Active Frame Pool
• Blue Wave 18-Ft Rd 52-In Dark Cocoa Wicker Frame Pool
• Blue Wave 24-Ft Rd 52-In Dark Cocoa Wicker Frame Pool
• Blue Wave Rustic Cedar 15-Ft Round 48-In Deep Frame Swimming Pool Package W/Cover
• Blue Wave Rustic Cedar 18-Ft Round 52-In Deep Frame Swimming Pool Package W/Cover
• Blue Wave 18-Ft Round 52-In Gray Rattan Swimming Pool Package W/Cover
• Blue Wave 18-Ft Round 52-In Espresso Wicker Swimming Pool Package W/Cover
• Blue Wave 15-Ft Round 48-In Navy Blue Frame Swimming Pool Package W/Cover
• Blue Wave 18-Ft Round 52-In Navy Blue Frame Swimming Pool Package W/Cover
• Blue Wave 15-Ft Round 48-In Aspen Swimming Pool Package W/Cover
• Blue Wave Mocha Wicker 18-Ft Round 52-In Deep Swimming Pool Package With Cover
• Blue Wave Mocha Wicker 24-Ft Round 52-In Deep Swimming Pool Package With Cover
• Blue Wave Laguna 15-Ft Round 48-In Deep Swimming Pool Package With Cover
• Blue Wave Laguna 18-Ft Round 52-In Deep Swimming Pool Package With Cover
All affected models share a common design feature: an exterior compression strap that encircles the pool’s vertical supports.
Sales Channels and Distribution
The recalled pools were sold nationwide from January 2021 through July 2025 through a mix of big-box retailers, sporting goods stores, and online marketplaces, including:
• The Home Depot
• Lowe’s
• Dunham’s Sports
• Amazon
• Walmart
• Wayfair
Retailers have been notified to halt sales of affected models and to direct customers to the manufacturer’s recall remedy.
What Dealers and Retailers Should Know
For dealers and retail partners, the recall highlights the importance of prompt inventory review and customer outreach. Any remaining unsold stock matching the recalled models should be removed from the sales floor and distribution channels immediately.
Retailers that sold affected units during the recall period may see an increase in customer inquiries regarding eligibility, repair kits, and interim safety measures. Clear communication at the point of contact will be critical, particularly around the distinction between structural components and ladders, which many consumers assume are the primary access risk.
Service professionals and retail staff should also be prepared to explain that the recall does not involve a full product replacement, but rather a manufacturer-provided modification designed to eliminate the foothold while maintaining frame integrity.
Manufacturer Remedy
Blue Wave is offering a free repair kit to affected pool owners. The kit replaces the exterior compression strap with a lower-profile system installed closer to ground level. Once the repair is completed, the original strap can be removed.
Until the repair is installed, the manufacturer and CPSC recommend that pool owners prevent unsupervised access to the pool area or drain the pool temporarily.
Dealers and service professionals should advise customers not to remove or cut the compression strap prior to installing the repair kit, as doing so could compromise the pool’s structural stability.
Manufacturer
New Poolsafe Removable Mesh Safety Fences
Poolsafe LLC, offers new mesh, removable safety fencing designed to be installed around any pool shape or size. Uses patented, transparent, large-hole ClearGuard™ Mesh for better visibility into the pool area, while also blending the fence into backyard. Lockable, self-closing Triton™ gate features a curved top bar to help prevent climbing. Unique Tri-Pod Truss system keeps gate aligned with daily usage. Available in 4ft and 5ft heights, in black, brown, beige, or gray colors.
https://poolsafe.com/
(888) 489-2282
Industry News
Latham Group Appoints Sean Gadd as Chief Executive Officer
Latham Group, Inc. (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, appoints Sean Gadd as the company’s new President and Chief Executive Officer as part of a CEO transition that will take effect on January 5, 2026. The appointment follows a comprehensive search as part of a succession planning process led by the Board and current CEO Scott Rajeski, who will be retiring from Latham and will serve as a special advisor to the company.
Sean Gadd comes to Latham following a 21-year career at James Hardie. He most recently served as President of North America since 2022, where he has had full P&L responsibility for James Hardie’s largest regional business. Prior to his role as President of North America, Sean served as Executive Vice President, North America, Commercial (2018-2022) and Executive Vice President, Markets and Segments, North America (2015-2018) at James Hardie, leading the front end of the business across product, marketing, and sales. Sean has been instrumental in spearheading James Hardie’s substantial organic net sales growth since 2022, driving material conversion and deeper market penetration through a refined go-to-market strategy targeting end-users via channel partners. Sean brings experience that is directly comparable to Latham’s material conversion and Sand State initiatives, and his demonstrated success in driving strategic growth will be invaluable for Latham and its shareholders.
James E. Cline, Chairman, commented, “Sean is known as a strong leader and brand-builder and has an impressive track record of driving growth at James Hardie. We are thrilled that he has accepted the CEO role at Latham, and the Board believes Sean will be able to leverage his robust commercial experience, sector knowledge, and branding expertise to accelerate our ability to continue to gain share and further the conversion to fiberglass from concrete pools.”
“I am pleased to be joining Latham and am looking forward to building on its achievements to date. This is an excellent opportunity for me to utilize my experience in the building products category to drive further market penetration and adoption of Latham’s top-quality products and greater recognition for its superior service standards,” Mr. Gadd commented.
Mr. Gadd will also become a member of Latham’s Board of Directors, replacing Mr. Rajeski, who is resigning from the Board concurrently with his retirement.
Mr. Cline commented, “On behalf of the Board of Directors, I want to express our deep appreciation for the contributions that Scott Rajeski has made to Latham during his long tenure at the company, first as Chief Financial Officer and, since 2017, as President and Chief Executive Officer. Under his leadership and that of his executive and operating teams, the company went public in April of 2021 and has experienced substantial growth, demonstrated resilience within a difficult industry environment, and built a strong financial position.”
Mr. Rajeski noted, “It has been a privilege to serve as the President & CEO of Latham alongside the talented executive and operating teams that we have at the company. Together, we have advanced the awareness and adoption of fiberglass pools and autocovers, while implementing production and related efficiencies that have streamlined our operations. I am proud to be retiring as CEO of Latham with the company in a strong financial position and in very capable hands. Throughout my conversations with Sean, I have been very impressed with his leadership capabilities and background, and I am confident that he will bring a unique skillset that will allow Latham to continue to outperform the industry, gain further traction in the important Sand States, and remain an acquirer of choice.”
About Latham Group, Inc.
Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. Latham has a coast-to-coast operations platform consisting of approximately 1,850 employees across around 30 locations.
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