Ryland Group, Inc.
) recently unveiled its Carrington model floor plan in Cedar
Park, an enclave neighborhood in Georgia. The Carrington model is
one of the eight floor plans offered by Ryland in Cedar Park.
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The Carrington model offers homebuyers 5 bedrooms with private
baths, a basement, a gourmet kitchen with a walk in pantry,
breakfast bar and breakfast nook and a 3 car garage. The master
suite offers a sitting area, a large walk-in closet, two vanities
and a garden tub. The homes are priced from $500's onward.
Accelerating job growth and increasing consumer confidence are
boosting demand for new homes. This 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.
In fact, the company has unveiled several communities over the
past two months. In Dec 2013, the company unveiled new homes in
Tampa, Fla, and begun construction of new homes in the community
of Falls at Imperial Oaks, Houston. With frequent introduction of
products, Ryland will be able to capitalize on the improving
Ryland Group carries a Zacks Rank #5 (Strong Sell).
Other Stocks to Consider
Better ranked stocks, which are worth considering include
William Lyon Homes
CaesarStone Sdot-Yam Ltd.
). While CaesarStone Sdot-Yam and William Lyon Homes carry a
Zacks Rank #1 (Strong Buy), Gafisa S.A. carries a Zacks Rank #2