Tuesday, September 8, 2015

New Home Company, Inc.: Creating Homes with a Heart

There are a handful of home building companies in the United States and New Home Company, Inc. sets itself apart from the herd by creating houses that are not only built with the finest materials but also crafted from the heart. The business is known for the passion and commitment they put into every project they take.

It was in June 2009 that the business was incorporated. As a real estate developer, New Home Company engages in all phases of the business, including the acquisition of land, the designing of the home, the construction of the establishment and up to the marketing of these properties. The focus market of the company is the state of California and has a very strong focus in the markets of San Francisco and Sacramento, two cities with rapidly growing market for homebuilding.

The operations of New Home Company are segmented into two divisions: fee building and homebuilding. The fee building segment of the business is rolled out to independent third-party property owners. The services offered by this segment include the designing, construction and selling of properties. They also have unconsolidated joint ventures that have created 54 communities with more than 3,890 lots. As of December 2014, the company by itself, has a total of 32 communities created with more than 2,000 lots. They also have several acreage that are continuously being developed into promising communities that are conducive for starting a family.

Committed to creating high quality houses, the business continues to build homes with warranty to ensure the highest level of service and products. For years, New Home Company has created homes in affluent areas. The company remains publicly traded on the New York Stock Exchange and markets its common shares using the ticker symbol NWHM. The company’s corporate office is located in Aliso Viejo, California.

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