Reston, Virginia-based homebuilder
) has offered single family based model homes at Waverly Meadows
in Woolwich Township, New Jersey. The new houses, built by NVR's
Ryan Home Division are available at prices starting from
The single-family model homes spread across a large area of
over ¾ acres on two floors. The first floor has a secluded study.
Each home accommodates up to four spacious bedrooms with four and
a half baths, an owner's suite, and a laundry in the second
floor. The kitchen and the dining area have been centrally built
for access to all. The new family homes are well connected to
All the homes of Ryan are ENERGY STAR certified and meet
strict energy efficiency guidelines set by the U.S. Environmental
Protection Agency and the U.S. Department of Energy. The homes
thus allow its residents to save up to 30% of their utility
bills. The homes also come with a 10 year structural warranty
The rising demand for new homes has led to a favorable
situation in the housing market. Homebuilding companies are
witnessing increasing traffic levels due to heightened consumer
demand. Most homebuilding companies are witnessing significant
growth in both volumes and average selling prices (ASP). New home
orders, backlogs (number of homes under sales contracts at the
end of the year) and homes delivered have climbed higher year
over year. Home prices have started moving up lately with market
demand gaining momentum.
We like the company's initiative towards constant introduction
of new products. With frequent introduction of products, NVR will
be able to capitalize on the improving markets.
Currently, NVR Inc. carries a Zacks Rank #1 (Strong Buy). We
also recommend stocks like
Meritage Homes Corp.
) carry a Zacks Rank #1 (Strong Buy) for investors.
Ryland Group Inc.
) carries a Zacks Rank #2 (Buy). They offer exposure to
attractive housing segments.
MDC HLDGS (MDC): Free Stock Analysis Report
MERITAGE HOMES (MTH): Free Stock Analysis
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
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