One of the leading home building and mortgage banking companies
in the United States, NVR, Inc. ( NVR ) unveiled the
Misthaven luxury twin model home at Penrose Walk in Warrington, Pa.
Built under NVR's NVHomes division, the community comes under
Central Bucks South School District.
The Misthaven model home accommodates up to 4 bedrooms, which
includes an owner's suite with a walk-in closet, up to 3.5 baths, a
formal dining room and a 2-car garage. The owner's suite offers an
optional tray ceiling, a large bath with a soaking tub, a separate
shower and a double bowl vanity.
Misthaven model homes are ENERGY STAR certified and carry 10
years structural warranty. The residents can therefore save up to
30% on monthly utility bills.
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 markets.
On May 30, NVR had unveiled its new series of luxury homes in
Withrow Downs under its Ryan Homes division. The community has 25
new home sites, located in close proximity to some of North
Carolina's top universities.
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. (
DHI ) and
Ryland Group Inc. ( RYL ), both carrying a
Zacks Rank #1 (Strong Buy), and MDC Holdings Inc.
( MDC ) carrying a
Zacks Rank #2 (Buy).D R HORTON INC (DHI): Free Stock Analysis
ReportMDC HLDGS (MDC): Free Stock Analysis ReportNVR INC (NVR): Free Stock Analysis ReportRYLAND GRP INC (RYL): Free Stock Analysis
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