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Old 09-18-2007, 07:14 AM
 
1,145 posts, read 4,213,408 times
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Article says KHov did well with the weekend sale:

Hovnanian sales snag home buyers - USATODAY.com
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Old 09-18-2007, 07:24 AM
 
Location: Pinal County, Arizona
25,100 posts, read 39,266,002 times
Reputation: 4937
Quote:
Originally Posted by Zmehappy View Post
And were offering our next born.
I like representing buyers for a new build - buyer gets exactly what they want - get a new home and the agent gets a decent commission as well

A couple of years ago, builders were doing the 6/8/10% co brokes as well. I had two different buyers (high end) wanting the same builder who was paying 10% -

One home was 2.2 million. The other 1.6 million. Both closed this past January -
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Old 09-18-2007, 07:27 AM
 
Location: Worldwide
412 posts, read 1,028,781 times
Reputation: 322
Quote:
Originally Posted by Go Blue 99 View Post
Article says KHov did well with the weekend sale:

Hovnanian sales snag home buyers - USATODAY.com
2100 sales is great! Wonder what the furture sales will bring with the huge reduction of pricing. Would have to guess that HOV will try to bring the sales prices back up, which could result in buyers staying on the side line for the next "Big Sale".
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Old 09-18-2007, 07:30 AM
 
Location: Worldwide
412 posts, read 1,028,781 times
Reputation: 322
Quote:
Originally Posted by Greatday View Post
I like representing buyers for a new build - buyer gets exactly what they want - get a new home and the agent gets a decent commission as well

A couple of years ago, builders were doing the 6/8/10% co brokes as well. I had two different buyers (high end) wanting the same builder who was paying 10% -

One home was 2.2 million. The other 1.6 million. Both closed this past January -
Excellent. New sales can be a nice kicker for the agents.
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Old 09-18-2007, 08:01 AM
 
Location: NJ
2,210 posts, read 7,027,192 times
Reputation: 2193
Hovnanian isn't that optimistic. Ara Hovnanian just put his Jersey beach house on the market, the one he bought 10 months ago.

Fire sale?
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Old 09-18-2007, 12:32 PM
 
Location: Connecticut
34,942 posts, read 56,958,583 times
Reputation: 11229
Quote:
Originally Posted by Roselvr View Post
So far the only mention of that much of a savings is in NY Associated Press
West New York is a town on the Hudson River in New Jersey, not New York.
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Old 09-18-2007, 12:56 PM
 
Location: NJ
23,867 posts, read 33,568,716 times
Reputation: 30769
How do you consider most of them sales if deposits weren't left? I guess we'll see how many actually go back.
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Old 09-28-2007, 06:35 AM
 
Location: NJ
23,867 posts, read 33,568,716 times
Reputation: 30769
Just pulled emails and see JS HOV has an added incentive:

Do you want to buy a new home, but have to sell your current house first? J.S. Hovnanian & Sons now announces their ground-breaking House-to-Sell Contingency Program that eliminates the worries of transitioning from your current house to a new home.

Now you can reserve the home you want on the homesite you love with just a $1,000 deposit, and get:
• 90-day first right of refusal on homesite
• 3 business days to match any non-contingent deposits on that homesite
• FREE scheduled Design Gallery appointment to personalize your new home
• FREE scheduled Staging Consultation to help you sell your current house
• FREE scheduled MLS Consultation
• FREE Professional Appraisal to help price your current house

So you can focus on selling your current house with the security that your new home will be built when you're ready.

This is the best "Contingency program" available today, so there's no reason to wait. Contact me to learn more about this program and to choose the home and homesite you love, before someone else does.
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Old 09-28-2007, 06:42 AM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,730,190 times
Reputation: 3722
Yeah, we're also hearing how the "sale of the century" they did last weekend didn't actually go as well as the national media reported (as JimJ has stated before about the media...)

Will be very interesting to see if the Hov's, KB's, Lennar's survive this mess...
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Old 09-28-2007, 06:44 AM
 
Location: NJ
23,867 posts, read 33,568,716 times
Reputation: 30769
Quote:
Originally Posted by CouponJack View Post
Yeah, we're also hearing how the "sale of the century" they did last weekend didn't actually go as well as the national media reported (as JimJ has stated before about the media...)

Will be very interesting to see if the Hov's, KB's, Lennar's survive this mess...

I posted during the week that I'd heard the "buyers" that had signed contracts during the sale were actually people that bought a few weeks prior, they'd changed dates on the contracts to reflect that weekend sale. Very deceiving.
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