Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 141

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 141
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 committee.

7

Our
home sales and operating revenues could decline due to macro-economic and other factors outside of our control, such as changes in consumer
confidence, declines in employment levels and volatile material and supply costs.

Changes
in national and regional economic conditions, as well as local economic conditions where we conduct our operations and where prospective
purchasers of our homes live, may result in more caution on the part of homebuyers and, consequently, fewer home purchases. These economic
uncertainties involve, among other things, conditions of supply and demand in local markets and changes in consumer confidence and income,
employment levels, and government regulations. These risks and uncertainties could periodically have an adverse effect on consumer demand
for and the pricing of our homes, which could cause our operating revenues to decline. Failure to achieve revenues, or a reduction in
our revenues once achieved, could, in turn, negatively affect the market price of our securities. The homebuilding industry is cyclical,
has from time to time experienced significant difficulties, and is significantly affected by changes in general and local economic conditions
such as:

●
employment levels and job growth;

●
availability of financing for home buyers;

●
interest rates & volatile material and supply costs;

●
consumer confidence;

●
housing demand; and

●
population growth

An
oversupply of alternatives to new homes, such as rental properties and used homes could depress prices and reduce margins for the sale
of new homes.

Weather
conditions and natural disasters such as hurricanes, tornadoes, earthquakes, floods and fires can harm the local homebuilding business.

The
difficulties described above could cause us to take longer and incur more costs to build our homes. We may not be able to recapture increased
costs by raising prices in many cases because we fix our new home prices up to twelve months in advance of delivery by signing home sales
contracts. In addition, some home buyers may cancel or not honor their home sales contracts altogether.

A
substantial increase in mortgage interest rates or unavailability of mortgage financing may reduce consumer demand for our homes.

Virtually
all purchasers of our homes finance their acquisitions through lenders providing mortgage financing. A substantial increase in mortgage
interest rates or unavailability of mortgage financing would adversely affect the ability of prospective first time and move-up homebuyers
to obtain financing for our homes, as well as adversely affect the ability of prospective move-up homebuyers to sell their current homes.
As a result, once we commence sales,