One of the leading national homebuilders,
) unveiled a new community of 24 single family homes named Hidden
Creek in Brentwood, Tenn. Home prices start from $410,000 onward.
BEAZER HOMES (BZH): Free Stock Analysis
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Built under the Ryan Homes division, residents of Hidden Creek
will have easy access to facilities like schools, the Governor's
Club Golf Course, shops and restaurants at Cool Springs Galleria
and the 21-acre Owl Creek Park.
Hidden Creek homes accommodate up to 5 bedrooms, 4 baths, and a
3-car garage. The homes are evenly spaced out and therefore
residents can enjoy complete privacy and a calm and peaceful
Like other NVR homes, Hidden Creek 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. Notably,
earlier this week, the company had introduced the new Beethoven
and Strauss model townhomes in Frederick, Md. The townhomes are
located in the community of Linton at Ballenger. Home prices
start from $250,000 onward.
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.
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).