One of the leading home building and mortgage banking
companies in the United States,
) unveiled its Fairchild single-family model homes at The Woods
at Mansion Road in Yorktown, Va. under NVR's Ryan Homes
The Woods at Mansion Road community offers estate-style model
homes with up to 6 bedrooms and 3 1/2 baths on 3 levels and up to
4,500 square feet of living space. The community also offers
winding walking trails, playgrounds, parks and soccer fields. A
protected forest conservation area is also close by, adding to
the attraction of the homes.
The luxurious Fairchild model offers 4 large bedrooms and 2
1/2 baths. These model homes have a formal living room, dining
room and a center island kitchen. The luxurious owner's suite has
two walk-in closets with a private bath. Other than this, it
offers a laundry room, basement, granite countertops and
stainless steel appliances.
Like all Ryan Homes, the homes at The Woods at Mansion Road
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.
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. The demand is particularly
high for luxury homes. Therefore adequate product introduction is
necessary in order to maintain the required level of inventory to
meet the growing demand for homes.
We like NVR's initiative to constantly introduce new products.
With frequent introduction of products, NVR will be able 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
D R Horton Inc
The Ryland Group Inc.
Taylor Morrison Home Corp
), all of them carrying a Zacks Rank #1 (Strong Buy).
D R HORTON INC (DHI): Free Stock Analysis
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
TAYLOR MORRISON (TMHC): Free Stock Analysis
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