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Hovnanian Enterprises, Inc.
Hovnanian Enterprises, Inc. designs, constructs,
markets and sells single-family detached homes, attached town homes and
condominiums, mid-rise and high-rise condominiums, urban infill
and active adult homes in planned residential developments in the United States.
Hovnanian consists of two operating units:
homebuilding and financial services. The financial services unit provides
mortgage loans and title services to the customers of its homebuilding
operations. As of October 2006, Hovnanian offered
homes for sale in 427 communities in 48 markets in 19 states throughout United States.
The company markets and builds homes for first-time buyers, first-time and
second-time, move-up buyers, luxury buyers, active adult buyers and empty
nesters. In April 2006, Hovnanian acquired
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