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National Home Corp. posts about 18% gross margin in July while scaling pace
CEO Michael Bergman said the builder logged 70 closings and 93 starts in July and is pacing for more than 800 home closings this year.
National Home Corp. is scaling an entry-level homebuilding model that relies on finished lots, standardized plans, and faster inventory turns, with CEO Michael Bergman saying the company posted about 18% gross margin in July while running on-plan closings and above-plan starts, according to HousingWire.
Bergman said July performance reflected 70 closings and 93 starts, as finished inventory, carrying costs, and land exposure force builders to make difficult choices on pace, price, and capital.
Looking ahead, the company is pacing to close more than 800 homes this year, up from 550 in 2025, and Bergman said it aims to end 2026 with roughly 1,200 homes under construction.
He added that National Home Corp. is targeting 1,500 to 1,800 closings in 2027, contingent on market conditions and the company’s operational capacity.
HousingWire also framed the plan as a response to punishing affordability and margin pressure from incentives, with new-home demand present but on indefinite hold.