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The Company's primary business is the construction and sale of single-family detached homes, townhomes and condominium buildings.
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huang318 (52.35) Submitted: 11/15/07 11:35 AM : Start Price: $506.99 NVR Score: 39.07
This company is different from other homebuilders that are involved in land development. NVR only pays a small amount of deposit and can cancel the purchase of lots at any time. Good cash flowGood PEGood management. Drawback is that the market is not very friendly. The price drops of housing will hurt NVR in short-term (1-2 years). However, i expect NVR will gain market share in this turmoil. Good long-term investment (>5 years).
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floridabuilder (99.90) Submitted: 11/20/07 11:30 AM
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NVR pays large deposits because they are pushing all the risks to the developer and they are taking down lots at sale.... just wanted to point out that your assumption on NVR pays small deposits is wrong... their strategy is the best of the builders though
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