Hurricane Irene Could Be Another Headache for Homebuilders

Insurance Homebuilders' buffers could damage arising from the significant financial hurricane Irene. However, the damage could slow home completions, delaying much-needed income, Wells Fargo in writing.

NVR has 62% of the communities potentially at risk of markets, more than any other major player in public. Toll Brothers follows with 42%, while Hovnanian was 32%. Meritage is the least exposed, the firm said.

Part NVR are up 1.1%; Toll is up 2.9%; Hovnanian was up 2.7%.

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