8 replies to this topic

[flyhye]

By Jeffrey Gold, AP Business Writer
Hovnanian Reports $469.3 Million 4Q Loss Amid Housing Slump, Accounting Charge

""Considering the challenging market conditions that homebuilders are continuing to face, we are pleased to have exceeded our expectations for cash generation in the fourth quarter and to have paid down our debt levels more than we projected," President and Chief Executive Ara K. Hovnanian said in a statement."



You can read further ....http://biz.yahoo.com/ap/071219/earns_hovnanian.html



HOV (NYSE)
Yearly performance
http://finance.yahoo...OV&t=...&q=l&c=



p.s. I think I saw Hovnanian speak on either Fox or CNN about the current conditions of the housing market.

[MosJan]

flyhye can i ask you for a favor ??? please change your avatar Thank you in advance

MOvses

[MosJan]

HOvananyas are ooffring housing in riverside caunty, the place i so was next to ( 1 mile away ) Lake Elsinore
a year a go it was up in $425~$475k for a 4bd 3bt - now it's dawn to $345 to $375

[flyhye]

flyhye can i ask you for a favor ??? please change your avatar Thank you in advance

MOvses

LOOL!!!

sure...

you gota admit though, you like it,
isn't he cute...

i got another one, editing right now as we speak

Edited by flyhye, 19 December 2007 - 02:05 AM.

[MosJan]

LOOL!!!

sure...

you gota admit though, you like it,
isn't he cute...

i got another one, editing right now as we speak

i'm still the nice Admin soo find a nice looking Apricot or pomegranate ....
otherwise some members do find the cute kid offensive / some members please stop reporting the cute kid

[flyhye]

HOvananyas are ooffring housing in riverside caunty, the place i so was next to ( 1 mile away ) Lake Elsinore
a year a go it was up in $425~$475k for a 4bd 3bt - now it's dawn to $345 to $375

wow, tough
A lot of uncertainty right now.

I live in Henderson, NV. That's by Las Vegas for those who don't know.
The prices took off between 04 and 06.

Check out the Las Vegas market
Notice the chart that compares Nevada with the overall US home values,
Vegas 1 year change is -10.1%
big dip in Vegas market


Here is Glendale,
big jump after 04

[flyhye]

i'm still the nice Admin soo find a nice looking Apricot or pomegranate ....
otherwise some members do find the cute kid offensive / some members please stop reporting the cute kid

thanks Mos
how is it looking now?

"Apricot or pomegranate"
I know, i like those too, but do you know what I see in Hye Forums a lot, after nice admins, I see a lot of Apricots or pomegranates as avatars

let me hold on to my cute smoking kid, for a while,

[MosJan]

sorry / no

i will find one for you

[MosJan]

wow, tough
A lot of uncertainty right now.

I live in Henderson, NV. That's by Las Vegas for those who don't know.
The prices took off between 04 and 06.

Check out the Las Vegas market
Notice the chart that compares Nevada with the overall US home values,
Vegas 1 year change is -10.1%
big dip in Vegas market


Here is Glendale,
big jump after 04

Glendale is like Pasadena

http://www.zillow.co...a-affordability

prices have droped %25 or %30