Time To Add Dream Finders Homes Inc (DFH) To Your Watch List – Stocks Register

Time To Add Dream Finders Homes Inc (DFH) To Your Watch List

Dream Finders Homes (DFH) is a construction company that went public only a few weeks ‎ago and has gained more than 23 percent since then. During the day on the 03rd of ‎February, the shares were trading at $26.20 and were increased by 5.48%. At the last ‎trading session, the prices ranged between $24.50 and $26.20. Today, the company has a ‎market cap of $2.11 billion.‎

As a home builder company, Dream Finders Homes is among the fastest-growing in the ‎United States. According to the company’s latest report, it grew by 54 % last year due to its ‎operations in the most promising regions regarding property prices and demand. ‎Particularly, the company performs many projects in the South, including all of the ‎American states in the Sun Belt.

One of Dream Finders Homes’ main differentiators is its simple homebuilding model, ‎whereby it retains options on the land but does not acquire plots until it is ready to build ‎homes. That allowed for rapid growth before reaching an above-average return on equity.‎

This week, Dream Finders Homes (DFH) announced the acquisition of Century Homes ‎Florida. The acquisition will put the company in a stronger position and increase the number ‎of houses erected by almost 10 percent. In the United States, Century Homes has completed ‎more than 1,000 homes, whereas Dream Finders Homes has completed nearly 9,000 homes ‎in its 12-year history. Neither the financial details nor the time frame of the transaction has ‎been disclosed. Currently, Dream Finders Homes is acquiring the company H&H Homes, a ‎home building company located in North Carolina as well.‎

Recent months have witnessed increased activity in the U.S. construction industry. By ‎December 2020, the number of new homes under construction in the country exceeded 1.66 ‎million. According to the indicated period, the number of building permits issued increased ‎by 4.5 percent on a year-over-year basis.

The recent coronavirus outbreak and technological changes in real estate have changed the ‎market a bit. If teleworking spreads even further after the pandemic, the need for ‎residential real estate will increase even more. In the future, this is a sign of growth for ‎Dream Finders Homes (DFH). ‎

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