Hovnanian Enterprises, Inc.
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Welcome to the New American Poorhouse
By AnnaLisa Kraft - April 30, 2013 | Tickers: BZH, HOV, KBH, TOL
You engaged in all the extracurriculars, volunteered, curried favor with teachers for good recommendations, studied instead of partying. Once you got into college you kept up the pace. Rinse and repeat. The glorious day of getting that college diploma arrives. Yay!
Six months later comes the letter with your student loan payment particulars. If you're the average college graduate that bill totals over $26,000. If you can find more »
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The Best Way to Ride the Booming Housing Industry
By Piyush Arora - April 28, 2013 | Tickers: BZH, HOV, KBH
Thanks to the Fed’s liquidity injections and dipping unemployment rate in a low interest rate environment, real estate in the U.S. is booming again and new home constructions have reached their five year highs. Naturally, investing in loan financing institutions would’ve been a wise choice, but the 11.2% decline in Wells Fargo’s loan originations is an indicator of a weakening loan refinancing industry. Thus, investing more »
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Housing Stocks Are in a Trot
By Gerelyn Terzo - March 11, 2013 | Tickers: HD, HOV, LOW
Returning stability to the housing market doesn't mean diddly if Warren Buffett decides to undermine that recovery. Mr. Buffett's comments on a recent CNBC interview, however, weren't too scathing - although they were still sobering. He reminded starry-eyed investors that the housing market is not "galloping back" but it is "improving." Housing stocks may not be in a comeback of thoroughbred proportions but at least they are trotting more »
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Resurgent Housing Sector Favors Masco
By Rhodora Dagatan - February 22, 2013 | Tickers: HD, HOV, MAS
Recent rosy figures from the US housing sector bode well for Masco Corporation (NYSE: MAS), which is engaged in the manufacturing, distribution, and installation of home improvement and building products. Its product line, which among other items includes windows, architectural coatings, faucets, and cabinets, is distributed through multiple wholesale and retail channels. Masco also sells directly to home developers.
One of Masco’s major retail conduits is Home Depot (NYSE: HDmore »)
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Can't Afford Purchasing A House, But Want To Invest In A US Housing Recovery? Invest Here.
By Robert Anders - February 5, 2013 | Tickers: BRK-B, BRK-A, HOV
We have all seen housing prices plummet since 2008 after the housing bubble collapsed upon itself. Leading to the 2008 bubble, lenders were willing to lend to anyone, allowing people with any credit history and any income level the ability to qualify for a mortgage and buy a house. This availability of money drove demand higher which took prices with it. This article will not discuss why banks were willing more »
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Homebuilders or Home Improvers?
By Ash Anderson - December 17, 2012 | Tickers: HD, HOV, KBH, LOW
Home builders have been on quite the run over the last year. KB Home (NYSE: KBH) has managed to bring investors over 130% gains, and Hovnanian Enterprises (NYSE: HOV) has returned an incredible 250%+ this year! The gains are not limited to these relatively small companies, though; even Home Depot (NYSE: HD) has pulled in close to 50%, while Lowe’s (NYSE: LOW) has given investors 35% gains thanks to more »
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How to Build a House of Stocks
By Spencer Knight - December 12, 2012 | Tickers: HOV, LEN, PHM, TOL |
Less than a decade ago far too many individuals purchased homes – or more realistically rented homes from the bank – as if they were objects and this in part caused the housing bubble that triggered the worst recession we have ever seen. Subsequently, home prices declined anywhere from 30%-60%.
Fortunately investors that take advantage of home building stocks before the train leaves the station will be rewarded over the next more »
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Week of December 10: Earnings and Event Preview
By John Macris - December 10, 2012 | Tickers: DELL, HOV, JOY, PSX
With only fifteen trading days left in the calendar year, there is still plenty of news that can have an impact on investors. Although the bulk of the recent earnings season is behind us, a few notable companies have yet to report. Here are the earnings calls, corporate events, and economic data I’ll be following for the week of December 10, 2012.
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How to Hedge Housing’s Next Move
By Matthew DiLallo - December 7, 2012 | Tickers: HOV, PCL, PCH, RYN, WY
Consider for a moment what Ara Hovnanian, the CEO of major US homebuilder Hovnanian (NYSE: HOV) said recently about housing,
We are undoubtedly well on the recovery route. It's not a question of are we beginning it. I'd say it began at the beginning of this year and that's not just for Hovnanian, that's for the entire industry…that means we're all going to start more »
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Are These 5 Real Estate Based Stocks Smart Buys?
By Bill Edson - December 6, 2012 | Tickers: HD, HOV, LOW, TRLA, Z
The macroeconomic picture looks good for stocks involved in U.S. residential real estate transactions. These stocks include homebuilders, online real estate search stocks, and home-improvement retailers. Are any of these stocks trading at reasonable valuations that could qualify them as buy candidates?
Trulia Goes Mobile
Trulia (NYSE: TRLA), a popular website featuring useful real estate information, has indicated that there had been a substantial increase in its third quarter more »
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Deja Vu for Housing
By Gerelyn Terzo - December 6, 2012 | Tickers: BAC, HOV, TOL
To cite a phrase coined by Yogi Berra, it could be "deja vu all over again" for the housing industry. According to a recent article in American Banker, a housing bubble may be in the cards -- this time in the multi-family, rental market.
Said bubble may be driven by several familiar factors: a surge in construction, albeit this time in multi-family homes amid declining inventories; the return of real estate more »
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Where Are the Buys in the Housing Sector?
By Bill Edson - December 3, 2012 | Tickers: HD, HOV, KBH, LOW, TRLA
There are many ways to play the U.S. housing recovery. Investors could buy the stocks of home-improvement retailers, homebuilders, or online real estate search providers. Which represent the best investments for a recovering housing market? Do any of these stocks qualify as buy candidates?
Homebuilder Confidence
The real estate market in the U.S. seems to be improving, based on robust U.S. homebuilder confidence, sales volume, and rising more »
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Housing Market Continues to Improve
By Shas Dey - November 29, 2012 | Tickers: DHI, HOV, KBH, LEN, PHM
The latest data from the housing market has once again highlighted the fact that a strong recovery is underway. The Standard & Poor’s/Case-Shiller index of home prices in 20 major U.S. cities climbed 0.3% in September. This is the sixth straight month of increases in home prices.
According to the Standard & Poor’s/Case-Shiller data, home prices rose in 13 cities in September compared to the prior more »
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Housing: 3 Stocks to Buy, 1 to Avoid
By Piyush Arora - November 27, 2012 | Tickers: BZH, DHI, HOV, RYL
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Are These 7 Housing Stocks Fairly Priced?
By Maxwell Fisher - November 26, 2012 | Tickers: HOV, LOW, MGM, PENN, TRLA, WMS, Z
Home prices in the United States have seen a broad increase in the last few months. There are many ways to play a housing recovery. Investors could consider homebuilders, home-improvement retailers, or online real estate search stocks Zillow (NASDAQ: Z) or Trulia (NYSE: TRLA) as turn-around plays. Which, if any, represent the best investments for a recovering housing market?
Homebuilder Confidence
The real estate market in the United States seems more »
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A Low-Dollar Play on a 2013 U.S. Housing Recovery
By John Macris - November 15, 2012 | Tickers: BZH, HOV
Beazer Homes USA (NYSE: BZH) is one of a dozen publicly-traded homebuilders I follow, encompassing a group with other popular names such as Hovnanian, Lennar, KB Homes, Pulte, and Ryland Group. While individual housing stocks have enjoyed a tremendous run over the last 12 months and the composite SPDR S&P 500 Homebuilders ETF has earned an impressive 45.61% return since January 1, there is plenty of reason for encouragement and support for an improving housing market going into the year 2013. With respect to the recent market sell-off related to concerns over the fiscal cliff, now may be the right time to consider initiating a position in housing if you believe we have found a short-term bottom.
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Three Heavily Shorted Stocks for Explosive Returns
By Andrés Cardenal - November 14, 2012 | Tickers: HOV, LEN, OPEN, PHM, BKE
No investment decision should be made solely based on an analysis of short interest. However, if a big crowd has taken a bearish position on a company, that may be a sign of opportunity for contrarian investors. Besides, if the bears are wrong, short covering can create spectacular gains as all the short sellers rush to buy the stock at the same time in order to cover their positions. Here more »
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Real Estate Magic
By Gerelyn Terzo - October 19, 2012 | Tickers: HOV, MSO, Z
In September, housing starts and building permits soared to their highest levels in four years. U.S. Housing Starts, which are a representation of homebuilder activity, rose 15% to 872,000 last month versus a more modest 4.1% increase in August. The jump was driven by increases in the residential building market. The number of U.S. Building Permits grew by 11.6% in September, in comparison with a more »
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Clicks vs. Bricks: How To Profit From A Housing Turnaround
By Bill Edson - October 11, 2012 | Tickers: HOV, KBH, LEN, TRLA
Home prices have stabilized in the United States. In some regions, they have seen a broad increase. Should investors consider once-beleaguered homebuilders as turn-around plays? Alternatively, should investors try to play a housing recovery with online real estate search stocks Zillow (Z) or Trulia (NYSE: TRLA)?
Signs of a Homebuilder Recovery
In a telephone interview, Hovnanian (NYSE: HOV) CFO, Larry Sorby, was optimistic. He said, “It’s clear to us more »
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Are These Homebuilders Turnaround Plays?
By Bill Edson - October 4, 2012 | Tickers: HOV, KBH, LEN, PHM
Home prices have begun to stabilize in the United States. In some regions they have seen a broad increase. Should investors consider once-beleaguered homebuilders as turnaround plays?
Homebuilders Rebuild Their Balance Sheets
Hovnanian Enterprises (NYSE: HOV), a homebuilder which once faced the strong possibility of default in October 2011, is now decreasing its debt as home prices are increasing. The market value of the company’s bonds rose from $910 more »
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