Larry Sorsby

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K. Hovnanian Posts Small Yearly Profit

Uneven home sales plagued the New Jersey-based builder throughout 2010. Read more

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Builders Cash in on Tax Refunds

Extension of net operating loss carry-back provision to five years are returning millions of dollars to public builders, some of which are using the money to buy land at bargain prices. Read more

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Hovnanian Enterprises Loses Founder

Kevork S. Hovnanian started New Jersey builder in 1959. Read more

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Big Public Home Builders Paint Gloomy Picture of 2009 at Credit Suisse homebuilding conference

But housing executives speaking at Credit Suisse conference predict downturn will produce opportunities for land and market share gains. Read more

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