Low Priced NVR Homes in Pa. - Analyst Blog

By Zacks Equity Research,

Shutterstock photo

With the housing market recovery, a significant gap has been created between demand and supply of homes. Compared to the rising demand for new homes, there is a shortage of adequate supply of homes. Most of the homebuilding companies are investing heavily in building homes. Recently, homebuilding company, NVR, Inc. ( NVR ) unveiled Mozart townhome model at Coddington View in Upper Pottsgrove, Pa.

Built under NVR's Ryan Homes division, the Mozart model homes offer homebuyers up to 4 bedrooms, with a garage and basement, a kitchen with an optional island, and a large living room. The basement can accommodate a bedroom with a full bath or a recreation room. The master bedroom features a large walk in closet and a bath with an optional dual vanity. The residents can enjoy easy access to various facilities like, shopping, restaurants and entertainment. The homes are priced from $160's onward. The low priced homes are expected to appeal to all consumers who are troubled by high rents and volatility in mortgage/interest rates, which limits their purchasing power.

Like all new Ryan homes, Coddington View homes are ENERGY STAR certified, resulting in 30% lower monthly utility bills than standard homes. All Ryan homes carry a 10-year structural warranty and are independently verified by a third-party inspection company.

NVR carries a Zacks Rank #4 (Sell). Better-ranked stocks in the homebuilding sector include Beazer Homes USA Inc. ( BZH ), William Lyon Homes ( WLH ) and Standard Pacific Corp. ( SPF ). While Beazer Homes and William Lyon Homes carry a Zacks Rank #1 (Strong Buy), Standard Pacific carries a Zacks Rank #2 (Buy).

BEAZER HOMES (BZH): Free Stock Analysis Report

NVR INC (NVR): Free Stock Analysis Report

STANDARD PAC (SPF): Free Stock Analysis Report

WILLIAM LYON HM (WLH): Get Free Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Stocks: BZH , NVR , SPF , WLH

More from Zacks.com




Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com