Dream Finders Homes, a company that builds houses, is having a tough time right now. Even though they're selling homes and making money, the price of their stock has dropped a lot. This is because of higher interest rates on mortgages and possible new taxes on things used to build houses.
- Higher mortgage rates mean fewer people are buying homes.
- Possible new taxes on building materials could make houses more expensive to build.
- Dream Finders is still growing, but faces some market challenges.
| Fact | Number |
|---|---|
| Stock price drop from high | 50% |
| Year-over-year revenue increase | 10% |
| New home orders increase | 9% |
| Homes in backlog | $2 Billion |
