One of the leading national homebuilders,
) unveiled a new community of 750 single family luxury homes
named The Preserve in Glenmore, Va. Home prices start from
Built under the Ryan Homes division, residents of Glenmore will
have easy access to several facilities like country club, golf
course, tennis court, swimming and fitness center, shops,
restaurants and cultural centers.
Glenmore homes are spacious and elegantly designed with ample
floor space. The homes accommodate up to 6 bedrooms, 5 baths, and
a 2- to 3-car side entry garage. The homes have kitchens
with features like hardwood flooring, granite countertops,
stainless steel GE appliances and Timberlake cabinetry.
Like other NVR homes, Glenmore homes come with a 10 year
structural warranty and are ENERGY STAR certified. The residents
can therefore save up to 30% on monthly utility bills.
NVR has been constantly introducing new products. The favorable
situation in the housing market has resulted in increase in
demand for new homes, where inventory levels are dropping and
prices are moving up. With frequent introduction of products, NVR
will be able to capitalize on the increase in demand for new
homes. Particularly, the luxury home market is gaining strong
momentum compared to the rest of the housing market and therefore
the introduction of these luxury homes will benefit the company
NVR carries a Zacks Rank #1 (Strong Buy).
Other stocks in the homebuilding sector that are performing well
and deserve a mention include
D. R. Horton Inc.
Hovnanian Enterprises Inc.
Beazer Homes USA Inc.
), all carrying a Zacks Rank #2 (Buy).
BEAZER HOMES (BZH): Free Stock Analysis
D R HORTON INC (DHI): Free Stock Analysis
HOVNANIAN ENTRP (HOV): Free Stock Analysis
NVR INC (NVR): Free Stock Analysis Report
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