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Hovnanian Enterprises, Inc. (HOV) News: Fiscal Outcome, Deadline for Homebuyers, Homebuilding’s High & More

Editor’s Note: Related tickers: Hovnanian Enterprises, Inc. (NYSE:HOV), JPMorgan Chase & Co. (NYSE:JPM)

Hovnanian Enterprises, Inc. (NYSE:HOV)Hovnanian Enterprises Announces Second Quarter Fiscal Year 2013 Earnings Release and Conference Call (Virtual-Strategy)
Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2013 the morning of Wednesday, June 5, 2013. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, June 5, 2013. …Hovnanian Enterprises, Inc. (NYSE:HOV), founded in 1959 by Kevork S. Hovnanian Enterprises, Inc. (NYSE:HOV), is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington D.C. and West Virginia.

Hovnanian Enterprises: Small Cap Analysis (Benzinga)
Hovnanian Enterprises, Inc. (NYSE:HOV) builds single dwelling homes, townhomes, condominiums, and retirement homes. Prices for single dwellings range from $68,652 to $1,067,000 with an average price of $301,000. Hovnanian Enterprises, Inc. (NYSE:HOV) also has a financial arm that is responsible for mortgage loans and title services for its customers. When first looking at a stock of this nature, consider the general direction of the industry. Since housing starts crashed during 2008 and 2009, the market has been slowly recovering. Housing starts for April were 853,000, up 13.1 percent from 2012. Total home sales for April rose 0.6 percent to 4.97 million. In a research report published Wednesday by JPMorgan Chase & Co. (NYSE:JPM), its analysts predicted upside in the homebuilding industry for the next 18 months.

Limited time to save on K. Hovnanian’s quick-move-in homes (NorthJersey)
‘Quick delivery” or “quick-move-in” homes are an attractive option for homebuyers today. These homes, also known as spec homes, offer an opportunity for buyers who are ready to move into a new home sooner, rather than later. Right now, K. Hovnanian Enterprises, Inc. (NYSE:HOV) Homes is making it even more appealing for buyers throughout New Jersey and eastern Pennsylvania to purchase a new home for rapid move-in. The homebuilder has launched a special Pre-Summer Inventory Sale at a select number of communities in New Jersey and Pennsylvania. During this limited-time sales event, which ends June 16, buyers will find a selection of quick-move-in homes available at attractive prices, with the opportunity to save up to $50,000 on a brand-new home…

Homebuilding accelerates in NJ (PhillyBurbs)
Home building in New Jersey is accelerating this year, as the state continues its slow recovery from the worst housing bust since World War II. According to the latest census figures, construction permits for 6,215 units were issued in the state through April, up from 4,864 in the same period in 2012. Of those, more than half were in multifamily buildings. …David Fisher, a vice president of Hovnanian Enterprises, Inc. (NYSE:HOV) of Red Bank, the state’s largest home builder, said that buying activity has also risen this year because of the improving economy. Low mortgage rates, he said, have led many potential buyers to decide “this is the time.”

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