One of the leading home building and mortgage banking
companies in the United States,
) unveiled a new single family model home called Palmetto Grove
at the community of Walden Reserve in Plant City, FL.
The Palmetto Grove model home accommodates up to 4 bedrooms,
which includes an owner's suite and three bedrooms with full
baths, an optional room, a laundry room and a 2-car garage. The
owner's suite offers optional tray ceiling, a large bath with
soaking tub and a walk-in closet.
The community offers several facilities, which include
schools, child care centers, hospitals, restaurants, shopping
centers, golf club, tennis center, sports complex, Edward Medard
Park and YMCA. Residents can easily access cities such as Tampa
and Orlando through I-4.
Palmetto Grove 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
NVR carries a Zacks Rank #3 (Hold).
Other stocks in the homebuilding sector that are performing
well and deserve a mention include
MDC Holdings Inc.
Ryland Group Inc.
), both carrying a Zacks Rank #1 (Strong Buy), and
D. R. Horton Inc.
) carrying a Zacks Rank #2 (Buy).
D R HORTON INC (DHI): Free Stock Analysis
MDC HLDGS (MDC): Free Stock Analysis Report
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
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