Housing Demand, Land Acquisitions and Growing Backlog - Research Report on PulteGroup, KB Home, NVR, Hovnanian and MDC Holdings

  Housing Demand, Land Acquisitions and Growing Backlog - Research Report on
             PulteGroup, KB Home, NVR, Hovnanian and MDC Holdings

PR Newswire

NEW YORK, March 20, 2013

NEW YORK, March 20, 2013 /PRNewswire/ --

Today, Wall Street Source announced new research reports highlighting
PulteGroup, Inc. (NYSE: PHM), KB Home (NYSE: KBH), NVR, Inc. (NYSE: NVR),
Hovnanian Enterprises, Inc. (NYSE: HOV) and M.D.C. Holdings, Inc. (NYSE: MDC).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

PulteGroup, Inc. Research Report

PulteGroup is one of the companies that are well-positioned to benefit from
limited inventories and resilient sales of new homes. As seen from the housing
sector's performance last February, housing will most likely keep contributing
to growth this year after its strong performance in 2012. According to Sean
Incremona, senior economist at 4Cast Inc., the progress in the housing market
seems to be sustainable, especially due to cheap financing. Furthermore,
rising home sales are pushing up prices and reducing mortgage defaults. In
order to capitalize on these trends, PulteGroup authorized an additional
amount of $250 million per year of investment in land and related
developments. The Full Research Report on PulteGroup, Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.wallstsource.com/r/full_research_report/ff46_PHM]

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KB Home Research Report

KB Homes has announced its acquisition of a new home community, River Village
in Valencia, also known as "Awesometown." This acquisition includes 54
finished lots from Newhall Land which will be developed to become a new
community called Charleston at River Village. These will be available to
interested buyers in the spring. Furthermore, KB Home announced its closing of
a new $200 million unsecured revolving credit facility. This enhances the
company's capital structure by "providing an additional source of readily
accessible liquidity." In the last couple of months, the company has expanded
its available liquidity by more than half a billion to support its accelerated
growth plans. The Full Research Report on KB Home - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.wallstsource.com/r/full_research_report/1e86_KBH]

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NVR, Inc. Research Report

NVR has announced its new offering, Hidden Creek in Brentwood, TN. Each new
home in the community has up to 5 bedrooms, up to 4 baths and a spacious
garage for up to 3 cars. This follows the grand opening of the Beethoven and
Strauss townhome models. Going forward, NVR will continue to benefit from its
Heartland Homes acquisition and its constant introduction of new products to
meet the growing housing demand. The Full Research Report on NVR, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/b94c_NVR]

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Hovnanian Enterprises, Inc. Research Report

Hovnanian Enterprises expects to return to profitability in the coming year.
The company cites the increasing number of contracts that it hopes to complete
within the year. The company said that its net contracts have climbed 24.6
percent to 1344 new homes. Its deal backlog has also climbed 33 percent. In
the near-term, Hovnanian expects a strong spring selling season, with
deliveries, revenue, and gross margin climbing faster in the latter half of
the year. With all these factors, the company may further increase its chances
to profit in the coming year. The Full Research Report on Hovnanian
Enterprises, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/b542_HOV]

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M.D.C. Holdings, Inc. Research Report

MDC Holdings' California and Tucson divisions have won the builder of the year
award, a testament of the company's superior performance in categories such as
community leadership and service, business reputation, home design,
construction quality and finish detail. In the coming year, MDC Holdings has a
significant backlog worth $578 million. Land acquisition will be one of its
drivers for growth. Last quarter, the company bought 2300 new lots, helping it
grow its community count and strengthen its homebuilding assets. The Full
Research Report on M.D.C. Holdings, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wallstsource.com/r/full_research_report/1230_MDC]

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