Positive
Seeking Alpha
1 year ago
Nobility Homes Is In A Position To Take Advantage Of Florida's Need For Affordable Housing
Nobility Homes, Inc. has successfully navigated supply chain bottlenecks and price increases on building materials, leading to increased revenues, profit margins, and net income. Despite Florida's slowing population growth, there is still a high demand for affordable housing in the state. Nobility Homes builds manufactured housing and sells those homes primarily through its Prestige homes centers branded facilities, which are owned by the company.
