12 Best Residential Real Estate Stocks To Buy According to Analysts

Page 4 of 11

8. Legacy Housing Corporation (NASDAQ:LEGH)

Average Upside Potential: 23.00%

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 company currently concentrates its operations in the southwest and southeast regions of the country.

Legacy Housing Corporation (NASDAQ:LEGH) is one of the most vertically integrated companies in the industry, offering a complete solution to its customers. The company is recognized as a leader and innovator in the manufactured housing industry. Legacy has earned itself a solid position based on designing family-functional floor plans and offering features exceeding most competitors. With structures ranging from 320 to 399 square feet, Legacy also serves as one of the industry leaders in the tiny house market.

Legacy positions itself for exponential growth with affordable housing receiving popularity and desirability among consumers in the US housing market. The market for Legacy products is expected to strengthen into the new year with housing affordability hovering near all-time lows. As of February 5, analysts point to an average upside potential of 23.00% for the stock thereby ranking it among the best residential real estate stocks to invest in.

Page 4 of 11