12 Best Housing Stocks to Invest in According to Analysts

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7. Legacy Housing Corporation (NASDAQ:LEGH)

Average Upside Potential: 27.02%

Legacy Housing Corporation (NASDAQ:LEGH) is one of the largest producers of manufactured homes in the United States. It builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores. The firm was established in 2005 and currently concentrates its operations in the southwest and southeast regions of the country.

Legacy Housing Corporation is one of the most vertically integrated companies in the industry, offering a complete solution to its customers. The firm is recognized as a leader and innovator in the manufactured housing industry. Legacy has built itself a strong position by designing family-functional floor plans and offering features that exceed most competitors. With structures ranging from 320 to 399 square feet, the firm is also one of the industry leaders in the tiny house market.

As affordable housing continues to receive popularity and desirability among Americans, Legacy is in an attractive spot to witness exponential growth. The market for Legacy’s products is expected to strengthen into 2025 with housing affordability hovering near all-time lows. Legacy Housing Corporation (NASDAQ:LEGH) received a good response at its 2024 Fall Show in late September as it showcased updated interior and exterior finishes to cater to the preferences of younger homebuyers.

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