NVR Unveils Another Model Townhome in NJ - Analyst Blog


Ryan Homes, a division of NVR, Inc. ( NVR ), announced the opening of a new Wexford townhome model at the community of Villages at Parkers Mill. Located in Mount Holly, NJ, the townhomes are priced from upper $210,000s.

The Wexford model combines the comfort of a single family home with the benefits of townhome living. It offers ample living space, three bedrooms, two and a half bathrooms, a kitchen with an upgradeable center island and double door pantry and a two-car garage. The owner's suite will have a large walk-in closet and a personal bath. The home also offers a second level laundry.

Other homes at Parkers Mill also offer ample living space with three bedrooms, two and a half baths and a two car drive way space. The residents will enjoy close proximity to cities such as Philadelphia, and New Jersey Turnpike in Burlington County.

Like all new homes in Parkers Mill these homes include Energy Star certified appliances. The homes carry 10-year structural warranties.

Lately, NVR Inc. has been focusing on the lucrative market of New Jersey. Earlier this month, NVR Inc. opened a new Roxbury townhome model at the community of Hamilton Chase. Previously, the company announced the opening of a new Mozart townhome model at the community of Broad Acres. Located in Blackwood, NJ, the luxurious townhomes are priced from upper $170,000s.

Most homebuilding companies offer new homes and updated technology in order to attract homebuyers. In order to attract homebuyers, another homebuilding company, KB Home ( KBH ) announced that it will offer solar energy storage systems in its homes at California.

NVR carries a Zacks Rank #3 (Hold).

Other Stocks to Consider

Investors interested in the homebuilding industry can consider stocks like Gafisa S.A. ( GFA ), and TRI Pointe Homes, Inc. ( TPH ). Both the companies hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NVR INC (NVR): Free Stock Analysis Report

TRI POINTE HOME (TPH): Free Stock Analysis Report

KB HOME (KBH): Free Stock Analysis Report

GAFISA SA-ADR (GFA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: NVR , TPH , KBH , GFA



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