Posted in home

The New Home Company Reports Selected 2020 Third Quarter Preliminary Results

The New Home Company Inc. (NYSE: NWHM) today announced selected preliminary results for the 2020 third quarter. These estimated results are preliminary and unaudited.

Preliminary 2020 Third Quarter Financial Highlights (Estimated Results)

  • Net new orders of 251 as compared to 124 in the 2019 third quarter, a 102% increase

  • Monthly sales absorption of 3.5 per community as compared to 2.0 per community in the 2019 third quarter, a 75% increase

  • September net new orders of 99, a 106% increase compared to September 2019

  • Homes in backlog of 329 homes, representing $207.1 million in backlog value, as compared to 207 homes at the end of the 2019 third quarter, a 59% increase

  • Ending actively selling community count of 25, a 14% increase compared to the end of the 2019 third quarter

  • Homes sales revenue of $117.4 million as compared to $118.8 million for the 2019 third quarter

    • Deliveries of 157 as

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Posted in renovation

Preliminary plans for Augusta County Courthouse renovation and addition released

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The new proposed Augusta County Courthouse renovation, which will take nine of the surrounding buildings and incorporate it into the new complex. This plan needs to be approved by the City of Staunton’s Historic Preservation Commission. (Photo: Submitted)

STAUNTON – New plans for the Augusta County Courthouse have been released. 

Augusta County has submitted an application for a certificate of appropriateness to the City of Staunton’s Historic Preservation Commission. The application includes descriptions, drawings, photographs, plans and documentation that are required by the commission, the release said.

A total budget for the project has not been released, but The News Leader has asked county officials for an estimate and did not hear back immediately. 

The main takeaway from the plans include rehabilitating the 1901 courthouse and the Echols Building, which are two buildings that were completed by Staunton architect T.J. Collins, the release said. The new plans show that

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