Current Research on Hovnanian Enterprises, Inc.

0 Comments | M2 Presswire, June, 2007

M2 PRESSWIRE-12 June 2007-Large Cap News: Current Research on Hovnanian Enterprises, Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:12062007 Gimme shelter. Hovnanian Enterprises designs, builds, and markets single-family detached homes, condominiums, and townhomes for first-time, move-up, and luxury buyers as well as for empty-nesters and active adults.

Hovnanian builds about 20,000 homes a year, with base prices ranging from $42,000 to $2.1 million and averaging about $329,000. It operates mainly along the eastern seaboard, California, and Texas and develops homes under names including Oster, Four Seasons, K. Hovnanian, Metro Homes, CraftBuilt, First Homes, and Town & Country Homes. Its K. Hovnanian Mortgage unit offers mortgage financing and title services....