Eighties same thing happened. One builder would lower then the next builder would go even lower it gets ugly real fast. I knew guys that were builders that made millions and lost it all fast! I mean real fast.
They never lower fast enough to catch up with the market. Watch the auctions. Thats where the real prices are.
Hovnanian Enterprises Inc., struggling like other home builders, is offering six-figure discounts on some of its properties this weekend as it tries to draw interest in a slumping market. The sales blitz involves dropping...
Thursday, September 13, 2007
HOVNANIAN TO START 3-DAY FIRE SALE!!!
Posted by Kanika Gupta at 6:07 PM
Labels: heavy discount estate, hovanian, hovnanian, hovnanian homes, k hovnanian, khov, real estate discount, www.khov.com
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