What’s that tired phrase when it comes to real estate? Location, location, location. Luckily for homebuilder NVR(NYSE: NVR), the hot housing markets are headed back East into NVR’s wheelhouse. Those trends are a large reason for the company’s better-than-expected second-quarter results.
Here’s a brief look at NVR’s most recent earnings report, and where NVR stands in the world of homebuilding today.