Though interest rates have started increasing lately, they are
still below historical levels and housing is still affordable. In
addition, as the winter chill subsides, builders are preparing
for the upcoming spring selling season. They are increasing
their inventory of homes, anticipating a relatively strong spring
buying season. In order to cater to the high demand for homes in
the spring selling season,
Ryland Group Inc.
) is investing heavily in building new homes.
Recently, Ryland unveiled a new model home called Prima, in the
community of Eastlake at Gleannloch Farms, Houston. Prices of
these homes range from $290's to $380's.
The two story model home accommodates 5 bedrooms, 3 and a half
baths, a 2 story family room and a covered patio. The homeowners
will get the option to include a wine cellar, a home theater with
a bar, and an additional bedroom and a bathroom.
Homebuyers can choose from 9 floor plans, which can accommodate 3
to 5 bedrooms, media rooms with bar, and an open kitchen with a
large island. The community includes biking and hiking trails, an
activity center with swimming pool, tennis courts, golf club and
outdoor living areas. The community has excellent schools under
the Klein Independent School District.
Earlier this month, Ryland Group introduced a new luxury
community of townhomes called Crown in Gaithersburg, MD. The
company also started construction of a new community of townhomes
and luxury single family homes at Brick Yard Station in Laurel,
The luxury single family homes at Brick Yard Station offer Seneca
floor plan along with a 2-car garage, a morning room and gourmet
kitchen. The homes can also be designed according to the
Millbrook floor plan depending upon the buyer's preference, which
includes an owner's suite with dual walk-in closets, vanities, an
enclosed water closet and a soaking tub and shower.
Ryland Group carries a Zacks Rank #4 (Sell).
Other Stocks to Consider
Some better-ranked homebuilding companies include
William Lyon Homes
Taylor Morrison Home Corp.
). While William Lyon sports a Zacks Rank #1 (Strong Buy), NVR,
Inc. and Taylor Morrison Home hold a Zacks Rank #2 (Buy).
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
TAYLOR MORRISON (TMHC): Free Stock Analysis
WILLIAM LYON HM (WLH): Get Free Report
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