United Homes Group Sees Growth in New Orders

United Homes Group ( (UHG) ) has provided an update.

United Homes Group reported a 19.4% increase in net new orders and a 7.0% rise in closings for the fourth quarter of 2024. The company attributes this growth to efforts in moving completed inventory and an initiative to redesign house plans for better market alignment. While starts decreased as new plans were finalized, construction on redesigned homes began in December. United Homes Group anticipates 2025 to be transformational, driven by strong market dynamics in its southeastern U.S. markets.

More about United Homes Group

United Homes Group, Inc. is a publicly traded residential builder headquartered in Columbia, SC, focusing on southeastern markets like South Carolina, North Carolina, and Georgia. The company specializes in designing, constructing, and selling entry-level, first move-up, and second move-up single-family houses, primarily detached, with some attached options like duplexes and townhouses. Employing a land-light operating strategy, United Homes Group controls its lot supply through option contracts with third parties, reducing risks associated with raw land acquisition.

YTD Price Performance: 1.33%

Average Trading Volume: 43,315

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $244.9M

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