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Stay connected to every vital aspect of your home and relish absolute tranquilityStay connected to every vital aspect of your home and relish absolute tranquility, day and night, courtesy of our cutti

NVR prioritizes a culture of integrity where every employee is empowered, valued, and motivated to set the standard of excellence in all interactions with customers, trade partners, and colleagues.

Integrity and Trust

Emphasis on team collaboration is an integral part of NVR's work culture, fostering cooperation across homebuilding divisions, mortgage operations, and corporate functions to deliver seamless customer experiences.

Team Collaboration

Commitment to disciplined capital allocation, asset-light operations, and avoiding speculative land development ensures sustainable profitability through market cycles and protects shareholder value.

Financial Discipline

Dedication to understanding and meeting diverse homebuyer needs through three distinct brands serving different market segments, from first-time buyers to luxury homeowners.

Customer Focus

Continuous pursuit of operational efficiency, quality construction, and superior returns on invested capital through proven business processes and local market expertise.

Operational Excellence

NVR, Inc. is one of the nation's leading homebuilders, operating through three flagship brands: Ryan Homes, NVHomes, and Heartland Homes. The company constructs and sells single-family homes, townhomes, and condominiums across 36 metropolitan areas in 16 states and Washington D.C., while also providing mortgage banking and title services through NVR Mortgage Finance, Inc.

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Eugene J. Bredow

President & Chief Executive Officer

Paul C. Saville

Executive Chairman of the Board

Daniel D. Malzahn

Chief Financial Officer, Treasurer & Senior Vice President

Dwight C. Schar

Founder & Board Member

NVR's flagship brand targeting first-time and first-time move-up buyers with quality, affordable single-family homes, townhomes, and condominiums. Ryan Homes, founded in Pittsburgh in 1948 and acquired by NVR in 1987, operates across the majority of NVR's 36 metropolitan markets offering value-oriented homes with modern features and energy efficiency.

Ryan Homes

Premium homebuilding brand serving move-up and luxury buyers seeking upscale features, larger floor plans, and prestigious community locations. NVHomes, NVR's original brand established in 1980, offers customization options and high-end finishes that appeal to buyers transitioning from starter homes or seeking luxury residences.

NVHomes

Luxury homebuilding brand operating primarily in the Pittsburgh, Pennsylvania market, offering high-end custom and semi-custom homes with premium features, superior craftsmanship, and exclusive community amenities targeting affluent buyers seeking distinctive luxury residences.

Heartland Homes

Full-service mortgage banking subsidiary providing conventional, FHA, VA, and USDA loan programs exclusively to NVR homebuyers. The operation originates, processes, and closes mortgage loans, then sells them to investors in the secondary market on a servicing-released basis, generating fee income while maintaining capital efficiency.

NVR Mortgage Finance

Comprehensive title insurance brokerage and title search services provided to NVR homebuyers, ensuring clear property ownership and facilitating smooth real estate transactions. This vertical integration streamlines the closing process and provides additional revenue with minimal capital requirements.

Title Services

NVR's distinctive asset-light land strategy involves acquiring finished building lots through option contracts and purchase agreements rather than engaging in land development. This approach significantly reduces capital requirements, mitigates development risk, and provides operational flexibility to adjust to market conditions.

Finished Lot Acquisition Program

NVR announced exceptional 2024 full-year performance with consolidated revenues of $10.52 billion, an 11% increase from $9.52 billion in 2023, and net income of $1.68 billion, up 6% from the prior year. The company settled 22,836 homes (up 11%) while maintaining a strong balance sheet with approximately $2.5 billion in cash and cash equivalents.

NVR Reports Record 2024 Full-Year Results with 11% Revenue Growth

NVR reported first quarter 2025 net income decreased 24% and diluted earnings per share decreased 19% compared to Q1 2024. New orders decreased 12% to 5,345 units with cancellation rates rising to 16% from 13% in the prior year quarter, reflecting affordability challenges and macroeconomic uncertainty affecting the housing market.

NVR First Quarter 2025 Results Show Market Headwinds with 24% Decline in Net Income

NVR's second quarter 2025 net income fell 17% to $333.7 million, or $108.54 per diluted share, compared to $400.9 million in Q2 2024. New orders decreased 11% to 5,379 units, and mortgage banking income before tax decreased 34% to $29.6 million, primarily due to lower secondary marketing gains, highlighting continued challenges in the housing market.

NVR Second Quarter 2025 Earnings Fall 17% Amid Housing Market Softness

Despite industry headwinds, NVR's mortgage banking segment delivered strong 2024 performance with mortgage closed loan production increasing 9% to $6.26 billion and income before tax from the segment increasing 17% to $154.9 million from $132.8 million in 2023, demonstrating the value of NVR's vertically integrated business model.

NVR Mortgage Banking Segment Shows Resilience with 17% Income Growth in 2024

NVR announced that Paul C. Saville would transition from President and CEO to Executive Chairman of the Board effective May 4, 2022, with Eugene J. Bredow being appointed President and CEO. Bredow, who joined NVR in 2004 and served as President of NVR Mortgage since April 2019, brings extensive company knowledge to the leadership role.

NVR Announces Board of Director and Executive Officer Changes

For those of you self hosting (or looking to self host) a security camera NVR, the latest release of Frigate is blowing my mind (well, it's a release candidate...0.17 RC1).  Used to use Arlo (paid for the pro) and it's just got nothing anywhere near what this is capable of.  It's absurd.

A warning for those of you using Scrypted NVR or similar software

PSA: Beaware of the NVR.

Talk me out of the NVR and Camera System

NVR Upgrade from HB3

What do I loose without an NVR?

First time buyer... what would you suggest for a self-hosted NVR solution?

NVR system recommendations?

Recommendation For NVR Software

Any NVR solution that plays nice with HA?

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NVR INC

Dwight C. Schar founded NVHomes, Inc. in the Washington, D.C. metropolitan area, specializing in single-family home construction. The company was modeled after Ryan Homes, where Schar had previously worked for over a decade in various leadership roles.

NVHomes Founded by Dwight Schar

Just three years after founding, NVHomes demonstrated strong market traction and operational excellence by achieving $1 million in annual earnings, validating the business model and positioning the company for rapid expansion.

Company Reaches $1 Million in Earnings

Through consistent execution and market expansion, NVHomes grew net income to nearly $14 million, doubling earnings annually during the early 1980s and establishing itself as a significant player in the Washington D.C. homebuilding market.

Earnings Grow to Nearly $14 Million

In a transformative leveraged buyout, Dwight Schar's NVHomes acquired Ryan Homes, his former employer founded in Pittsburgh in 1948, for $312 million. The company was renamed NVR LP, instantly becoming a multi-state homebuilder with significantly expanded geographic reach and brand recognition.

Acquisition of Ryan Homes for $312 Million

On April 6, 1992, as a result of the early 1990s recession and challenges from the highly leveraged Ryan Homes acquisition, NVR and some of its homebuilding subsidiaries filed for Chapter 11 bankruptcy protection. This difficult period would ultimately lead to fundamental business model changes.

Chapter 11 Bankruptcy Filing

In September 1993, NVR successfully emerged from bankruptcy protection and completed an initial public offering on the American Stock Exchange, becoming a public company with a restructured balance sheet and refined strategic focus on asset-light operations.

Emergence from Bankruptcy & IPO

NVR acquired Fox Ridge Homes, adding that competitor's brand to its portfolio and establishing a presence in Nashville, Tennessee. The acquisition expanded NVR's geographic footprint and diversified its market exposure across the Southeastern United States.

Fox Ridge Homes Acquisition

The company reorganized as NVR Inc., establishing a holding company structure for NVR Homes and NVR Financial Services. This reorganization streamlined operations and clarified the separation between homebuilding and mortgage banking segments.

Corporate Reorganization as NVR Inc.

Dwight Schar's legendary run as CEO came to an end as he transitioned to the board and passed leadership to the company's CFO Paul Saville. This succession marked the beginning of a new era while maintaining continuity in NVR's disciplined strategic approach.

Paul Saville Becomes CEO

NVR achieved a significant operational milestone by settling over 20,000 homes annually, demonstrating the company's scale, operational capacity, and strong market position across its 36 metropolitan areas in 16 states and Washington D.C.

Surpassed 20,000 Annual Home Settlements

On May 4, 2022, Eugene J. Bredow was appointed President and CEO, succeeding Paul Saville who became Executive Chairman. Bredow, who joined NVR in 2004 and served as President of NVR Mortgage since 2019, brought deep company knowledge and mortgage banking expertise to the CEO role.

Eugene Bredow Appointed CEO

NVR reported outstanding 2024 full-year results with consolidated revenues of $10.52 billion (up 11% from 2023) and net income of $1.68 billion (up 6%). The company settled 22,836 homes, an 11% increase, while maintaining approximately $2.5 billion in cash and cash equivalents.

Record Full-Year Financial Performance

NVR reported first quarter 2025 results showing net income decreased 24% and new orders decreased 12% to 5,345 units compared to Q1 2024, with cancellation rates rising to 16% from 13%. The results reflected affordability challenges and macroeconomic uncertainty affecting the housing market.

Q1 2025 Market Challenges Emerge

American home construction company based in Virginia

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