One of the leading home building and mortgage banking
companies in the United States,
) unveiled a new community of affordable homes called Manorwood
in Mount Airy, Md. The homebuyers can get a glimpse of this
beautiful community at the grand opening celebration to be held
on Apr 6, 2013. The homes are priced from $440's.
Manorwood homes accommodate up to 5 bedrooms, 3½ baths, a full
basement and a 2-car garage. The community offers several
facilities, which include a swimming pool, a playground and easy
access to Rattlewood Golf Course. Located in greater Frederick
County, Manorwood residents will have easy access to I-70 and
I-270. They can also easily access areas around Washington, D.C.
Homes at Manorwood are ENERGY STAR certified. The residents can
therefore save up to 30% on monthly utility bills. All Manorwood
homes carry 10 years structural warranty.
The rising demand for new homes has led to a favorable situation
in the housing market, where inventory levels are dropping and
prices are moving up. Therefore adequate product introduction is
necessary in order to maintain the required level of inventory to
meet the growing demand for homes. With frequent introduction of
products, NVR will be able to capitalize on the improving
NVR carries a Zacks Rank #3 (Hold).
Other stocks in the homebuilding sector that are performing well
and deserve a mention include
D. R. Horton Inc.
Ryland Group Inc.
), both carrying a Zacks Rank #1 (Strong Buy) and
) carrying a Zacks Rank #2 (Buy).
D R HORTON INC (DHI): Free Stock Analysis
KB HOME (KBH): Free Stock Analysis Report
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
To read this article on Zacks.com click here.