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,
) unveiled Mozart townhome model at Coddington View in Upper
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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
NVR carries a Zacks Rank #4 (Sell). Better-ranked stocks in the
homebuilding sector include
Beazer Homes USA Inc.
William Lyon Homes
Standard Pacific Corp.
). While Beazer Homes and William Lyon Homes carry a Zacks Rank
#1 (Strong Buy), Standard Pacific carries a Zacks Rank #2 (Buy).