Homebuilder Dream Finders Touts 2025 Growth, acquisitions

Dream Finders Homes praised recent mergers and continuous growth momentum in a troubled economic environment, while the income accelerated but the profit got stuck in the first quarter.

The housing builder and lender, based in Jacksonville, Florida, booked the net income of $ 54.9 million for the three-month period on 31 March, with 0.8% on an annual basis of $ 54.5 million. In comparison with the fourth quarter of 2024, however, the Bottom Line went back 57.5% of $ 129.3 million.

The company did not mention Potential rate headwind That recently led others New Home Construction companies To advise on price increases at the end of 2025. Instead, the CEO of the company gave a favorable assessment of where Dream Finderers stood, with expectations for growth this year.

“All in all, given the constant challenging environment from a mortgage percentage and affordable perspective, I am happy with the performance of the team and our results,” said Dream Finders chairman and CEO Patrick Zalupski in a press release. The company did not offer a formal profit call.

Although the net result was close to the level of a year ago, sales in both the construction and mortgage loan units increased by 19.6% to $ 989.9 million from $ 827.8 million in the equivalent period last year. The last number reflected a pullback of 36.5% of $ 1.56 billion of the fourth quarter.

Home Building was good for $ 970.1 million in the turnover of the first quarter of 2025, with financial services yielding $ 19.8 million. In the same three months of 2024, the Totals were $ 825.2 million and $ 2.6 million. Home building and mortgage loans brought in $ 1.53 billion and $ 26.6 million respectively in the fourth quarter of 2024.

New orders were collected by 17.8% to 2,032 of 1,724 in the first quarter in the first quarter. Order numbers were also higher from 1,611 of the fourth quarter.

Home closures also grew up to 1,925 of 1,655 a year earlier, but fell from 3,008 reported between October and December. The average price of closed houses in the first quarter is clocked at $ 498,284 compared to $ 494,995 and $ 507,477 three and 12 months earlier.

During the sale of Existing houses stagnated During a large part of the past two years, builders of new properties have been maintaining much of their growth, which generated interest thanks to the demand for the consumer flagging. Threats of a trade war and macro -economic challenges are cold water With earlier optimism, such as builders plans for the rest of their year.

However, dream seekers still expect that the number of closed units will increase in 2025 to an estimated 9,250, an increase of almost 8% compared to 824 of 2024.

Dream Finders’ Acquisition Activity

The growth is likely to come because the activity of merger and acquisition is bearing fruit for the company. The profit was flattened last quarter despite higher income, because dream seekers simultaneously anticipated the conclusion of important deals and the completion of others who set out home structure, mortgage loans and title options.

To start the year, it completed the purchase of fellow homebuilder Liberty Communities.

“Liberty offers us a great opportunity to expand to the Atlanta market, the largest housing market in the southeast and the only large southeastern market where DFH lacked a presence,” said Zalupski.

In March, dream seekers then locked his Purchase of loan -related assets Earlier belonging to Cherry Creek Mortgage and folded Jet Homeloans in his subsidiary.

Since the end of the first quarter, the homebuilder announced the completion of two new mergers, extending the company’s financial services with the addition of Title insurance supplier Alliant National. At the beginning of May the company also concluded the takeover of assets from Green River Builders, which opened further access to the Atlanta market.

With the last two transactions, Dream Finders has completed ten acquisitions in six years. It now possesses and operates communities in 10 states in the Mid Atlantic Ocean, the Southeast and the Southwest. At the end of 2024 it had 242 active communities in its portfolio.

“We are convinced that all these transactions will offer significant growth opportunities in our segments for home building and financial services, so that we can continue to grow our income and produce above -average shareholders’ returns,” Zortupski noted.