United Homes reports Q4 net new orders up 19.4% YoY; closings up 7.0%

United Homes Group, Inc.

Q4 net new orders of 351 units (+19.4% YoY); full-year orders of 1,399 (+7.9%).
Q4 closings of 414 units (+7.0% YoY); full-year closings of 1,431 (+3.5%).
Q4 starts of 222 units (-26.5% YoY) due to a home plan redesign effort.
Total backlog and spec inventory down 26.3% YoY (495 units vs 672).
Management cites improved sales velocity, mortgage buydowns, and strong demand in the Southeast.

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