Hovnanian claims 2100 sales during 3-day sales event

[Ex-SD]

Two big facts that are missing from the sales numbers are:
1. How many homes were sold in each state that they do business?
2. What was the total dollar amount of sales per state?

I would really like to know how many homes and $$$ were generated from CA sales.

Since they build homes in many states and areas that are not bubble markets that did not have the massive, run-up in prices like CA.
This means that the homes that they sell in non-bubble markets have to be priced commensurate (or better) with other homes that are for sale in their respective markets or they won’t sell. In South Carolina, a median priced home relates directly to median income. If it didn’t, anyone attempting to sell a home would be wasting their time. This basic fundamental needs to return to the CA housing market.

[Anonymous]

It always amazed me how people point out the negative with sites like khovsucks but never point out the positive places like http://www.khov4newhomes.com

Homebuilding is a tricky business, with such a complex system like a home there are bound to be issues from time to time. However if everybody’s house was falling apart or rotting like some of these sites make it sound, wouldn’t there be riots in the streets?

I appreciate your cheering on the price cuts, as a recent college graduate making an above average salary it is a challenging path to home ownership. If you have no home to sell that gained huge percentages over the years, you are left jumping in at such a huge disadvantage. Had you bought a house 5 or 10 years ago you’d have paid what 1/2? Have salaries doubled in that timeframe? Not quite. I think this whole mortgage mess that is going on is an issue with society itself. As long as we are paying the few several hundred thousand dollar salaries and the fewer several million dollar salaries and then what? The rest of us are left to struggle on the 30-40k average? There’s a severe deficit in fairness that is building and I really hope there is change on the horizon.

[Anonymous]

It always amazed me how people point out the negative with sites like khovsucks but never point out the positive places like http://www.khov4newhomes.com

Homebuilding is a tricky business, with such a complex system like a home there are bound to be issues from time to time. However if everybody’s house was falling apart or rotting like some of these sites make it sound, wouldn’t there be riots in the streets?

I appreciate your cheering on the price cuts, as a recent college graduate making an above average salary it is a challenging path to home ownership. If you have no home to sell that gained huge percentages over the years, you are left jumping in at such a huge disadvantage. Had you bought a house 5 or 10 years ago you’d have paid what 1/2? Have salaries doubled in that timeframe? Not quite. I think this whole mortgage mess that is going on is an issue with society itself. As long as we are paying the few several hundred thousand dollar salaries and the fewer several million dollar salaries and then what? The rest of us are left to struggle on the 30-40k average? There’s a severe deficit in fairness that is building and I really hope there is change on the horizon.

[Anonymous]

It always amazed me how people point out the negative with sites like khovsucks but never point out the positive places like http://www.khov4newhomes.com

Homebuilding is a tricky business, with such a complex system like a home there are bound to be issues from time to time. However if everybody’s house was falling apart or rotting like some of these sites make it sound, wouldn’t there be riots in the streets?

I appreciate your cheering on the price cuts, as a recent college graduate making an above average salary it is a challenging path to home ownership. If you have no home to sell that gained huge percentages over the years, you are left jumping in at such a huge disadvantage. Had you bought a house 5 or 10 years ago you’d have paid what 1/2? Have salaries doubled in that timeframe? Not quite. I think this whole mortgage mess that is going on is an issue with society itself. As long as we are paying the few several hundred thousand dollar salaries and the fewer several million dollar salaries and then what? The rest of us are left to struggle on the 30-40k average? There’s a severe deficit in fairness that is building and I really hope there is change on the horizon.

[Anonymous]

It always amazed me how people point out the negative with sites like khovsucks but never point out the positive places like http://www.khov4newhomes.com

Homebuilding is a tricky business, with such a complex system like a home there are bound to be issues from time to time. However if everybody’s house was falling apart or rotting like some of these sites make it sound, wouldn’t there be riots in the streets?

I appreciate your cheering on the price cuts, as a recent college graduate making an above average salary it is a challenging path to home ownership. If you have no home to sell that gained huge percentages over the years, you are left jumping in at such a huge disadvantage. Had you bought a house 5 or 10 years ago you’d have paid what 1/2? Have salaries doubled in that timeframe? Not quite. I think this whole mortgage mess that is going on is an issue with society itself. As long as we are paying the few several hundred thousand dollar salaries and the fewer several million dollar salaries and then what? The rest of us are left to struggle on the 30-40k average? There’s a severe deficit in fairness that is building and I really hope there is change on the horizon.

[Anonymous]

It always amazed me how people point out the negative with sites like khovsucks but never point out the positive places like http://www.khov4newhomes.com

Homebuilding is a tricky business, with such a complex system like a home there are bound to be issues from time to time. However if everybody’s house was falling apart or rotting like some of these sites make it sound, wouldn’t there be riots in the streets?

I appreciate your cheering on the price cuts, as a recent college graduate making an above average salary it is a challenging path to home ownership. If you have no home to sell that gained huge percentages over the years, you are left jumping in at such a huge disadvantage. Had you bought a house 5 or 10 years ago you’d have paid what 1/2? Have salaries doubled in that timeframe? Not quite. I think this whole mortgage mess that is going on is an issue with society itself. As long as we are paying the few several hundred thousand dollar salaries and the fewer several million dollar salaries and then what? The rest of us are left to struggle on the 30-40k average? There’s a severe deficit in fairness that is building and I really hope there is change on the horizon.

[sdrealtor]

but, but, but, but…….

[sdrealtor]

but, but, but, but…….

[sdrealtor]

but, but, but, but…….

[sdrealtor]

but, but, but, but…….

[sdrealtor]

but, but, but, but…….

[HappyHouseHunting]

“Donald R. Horton, Chairman of the Board, said, ‘Market conditions remained challenging in our December quarter as inventory levels of both new and existing homes remained high while pricing remained very competitive. Lending standards continue to be more restrictive than during the previous year, and buyers continued to approach the home buying decision cautiously. We expect the housing environment to remain challenging.’”

“The Company’s cancellation rate (cancelled sales orders divided by gross sales orders) for the first quarter of fiscal 2008 was 44%.”

It keeps getting better and better.

[HappyHouseHunting]

“Donald R. Horton, Chairman of the Board, said, ‘Market conditions remained challenging in our December quarter as inventory levels of both new and existing homes remained high while pricing remained very competitive. Lending standards continue to be more restrictive than during the previous year, and buyers continued to approach the home buying decision cautiously. We expect the housing environment to remain challenging.’”

“The Company’s cancellation rate (cancelled sales orders divided by gross sales orders) for the first quarter of fiscal 2008 was 44%.”

It keeps getting better and better.

[HappyHouseHunting]

“Donald R. Horton, Chairman of the Board, said, ‘Market conditions remained challenging in our December quarter as inventory levels of both new and existing homes remained high while pricing remained very competitive. Lending standards continue to be more restrictive than during the previous year, and buyers continued to approach the home buying decision cautiously. We expect the housing environment to remain challenging.’”

“The Company’s cancellation rate (cancelled sales orders divided by gross sales orders) for the first quarter of fiscal 2008 was 44%.”

It keeps getting better and better.

[HappyHouseHunting]

“Donald R. Horton, Chairman of the Board, said, ‘Market conditions remained challenging in our December quarter as inventory levels of both new and existing homes remained high while pricing remained very competitive. Lending standards continue to be more restrictive than during the previous year, and buyers continued to approach the home buying decision cautiously. We expect the housing environment to remain challenging.’”

“The Company’s cancellation rate (cancelled sales orders divided by gross sales orders) for the first quarter of fiscal 2008 was 44%.”

It keeps getting better and better.

[Author]

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