SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (93999)11/6/2007 3:45:09 PM
From: CalculatedRiskRespond to of 306849
 
From Reuters: Hovnanian says net contracts and sales fall
biz.yahoo.com

Orders and sales for new homes fell and cancellations rose at upscale U.S. home builder Hovnanian Enterprises Inc during the company's fiscal fourth quarter.

The ... October sales pace in most of its markets "significantly deteriorated" when compared with recent months ... Hovnanian ... was the first major builder to include October results in its preliminary accounts.