NVR - Nvr Inc

NVR, Inc. is one of the largest homebuilders in the United States, primarily engaged in the construction and sale of single-family detached homes, townhomes, and condominiums. The company operates in 36 metropolitan areas across 15 states and Washington, D.C., with its products marketed under three brand names: Ryan Homes, NVHomes, and Heartland Homes. NVR adopts a pre-sold construction model, meaning they typically build homes based on sales commitments rather than speculatively, and they limit their direct exposure by acquiring finished lot agreements instead of engaging in land development themselves.

In addition to homebuilding, NVR also provides mortgage banking services through its subsidiary, NVR Mortgage Finance, which originates mortgages primarily for its homebuyers. This integration allows NVR to offer a seamless purchasing experience for customers while generating additional revenue from mortgage-related fees. As a company, NVR maintains a focus on market position and efficiency in operations, continuously looking for opportunities to scale while managing the risks associated with a cyclical housing market.