Hovnanian Enterprises Swings to Loss as Hesitant Homebuyers Squeeze Margins

Core Insights - The home builder reported a net loss of $667,000 as it increased incentives to sustain a strong sales pace [1] Company Performance - The company is experiencing financial challenges, indicated by the net loss of $667,000 [1] - Increased incentives were implemented to maintain sales momentum, suggesting a competitive market environment [1]