Relevant:
- Homebuilders Liquidate Assets as Threat to Survival Spurs Sales
- U.K. Homebuilders Say Planning Rules to Hinder Sales Recovery
- Hovnanian Calls Out for Government Support
- Builders Probably Began Work on Fewer U.S. Houses in Sign Recovery Delayed
- Hovnanian Enterprises Has Quarterly Loss Bigger Than Estimated by Analysts
2007-10-05 — bloomberg.com
".R. Horton, with annual revenue of about $11 billion, and Hovnanian Enterprises Inc. now face the worst choice in the worst residential real estate slump since the 1930s. They're selling homes at any price they can get. "
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