One of the leading home building and mortgage banking
companies in the United States,
), unveiled its single-family model homes in the Crossings of
Bucks County community in Quakertown.
The homes, part of NVR's Ryan Homes division, will enjoy the
natural beauty of the wooded environment, scenic walking trails
and an easy access to Route 663, Route 313 and the Pennsylvania
Turnpike. They will also be in close proximity to the nearby YMCA
and the Bucks Mont Indoor Sports Center.
The residents can enjoy outdoor activities like rafting,
canoeing and sailing in the Delaware River apart from hiking,
horseback riding and camping. The community is close to the towns
of King of Prussia and Lansdale as well as the Lehigh Valley.
The five-bedroom and four-bath homes offer two-car garages and
front porches. The homes stretch over 4,000 square feet which
include entrance foyers, lavish owner's suites, spa-like baths
and gourmet kitchens. The dwellers also have the option to add
fireplaces, sunny morning-rooms off the dinette, center islands
in the kitchen and finished basements to the homes.
Like all NVR Homes, the upcoming ones at Bucks County are
ENERGY STAR certified and carry 10 years' structural warranty.
The residents can, therefore, save up to 30% on monthly utility
bills compared with other standard homes.
We are positive about NVR's initiative to constantly introduce
new properties to capitalize on the improving housing market.
However, we would prefer to stay on the sidelines as the housing
market is still in the recovery stage and the rest of the
macroeconomic parameters are on a slow growth trajectory.
Currently, NVR carries a Zacks Rank #3 (Hold).
Other stocks in the homebuilding sector that are performing
well and deserve a mention include
Hovnanian Enterprises Inc.
Tri Pointe Homes Inc.
Meritage Homes Corp
). All of these stocks carry a Zacks Rank #2 (Buy).
HOVNANIAN ENTRP (HOV): Free Stock Analysis
MERITAGE HOMES (MTH): Free Stock Analysis
NVR INC (NVR): Free Stock Analysis Report
TRI POINTE HOME (TPH): Free Stock Analysis
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