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Reston, Virginia-based homebuilder
NVR Inc. ( NVR - Snapshot Report) has offered new townhomes in The Greens at Montgomery County. The home prices start from $160,000.
The Greens is well connected to King of Prussia development and the Philadelphia Premium shopping outlet and is also located in close proximity to Routes 100, 663, 29, 73, 422 and the PA Turnpike.
Each home accommodates up to four spacious bedrooms, with three and a half bathrooms and a beautiful lawn. It also has a garage facility, which can accommodate a maximum of two cars.
The homes also come with the facilities such as green meadows, daily needs shopping and golf courses.
The rising demand for new homes has led to a favorable situation in the housing market, where homebuilding companies are building new homes with innovative styles and conveniences.
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. Therefore, adequate product introduction is necessary in order to maintain the required level of inventory to meet the growing demand for homes.
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). You can also consider investing in Meritage Homes Corp. ( MTH - Snapshot Report) , MDC Holdings ( MDC - Snapshot Report) that carry a Zacks Rank #1 (Strong Buy) and Ryland Group Inc. that carry a Zacks Rank #2 (Buy). They offer exposure to attractive housing segments.