The New Home Company Inc. NWHM

Consumer Cyclical Residential Construction

The New Home Co Inc is a home builder that focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area. The company also offers general contracting services to build homes for independent third-party property owners.

NYSE:NWHM - Post by User

The New Home Company Inc.

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Post by bogfiton Jan 06, 2021 9:52am

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Post# 32231927

There are some downside risks in 2021

"The economy will be recovering as vaccines lead us down the path of normalcy, but the labor market could remain weak. A tepid labor market recovery would be accompanied by tepid income growth. Job losses are moving up the income scale and transitioning to permanent losses from temporary. Lending standards are likely to tighten further as the end of forbearance and foreclosure moratoriums are a wild card, potentially weighing on home prices in some areas. The rent crisis is another wild card and could bleed in the owner-occupied market via adding supply or affecting the financial markets."

Tendayi Kapfidze, LendingTree chief economist

Experts Predict What The Housing Market Will Be Like In 2021 (forbes.com)

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