Press Release brought to you by K. Hovnanian Homes

K. Hovnanian® Offering Summer Savings Event on Quick Move-In Homes

07/08/2016

July 2016: This summer, K. Hovnanian® Homes Northeast Division is offering a special sales event with the some of the biggest savings of the year on quick move-in homes at every one of the builder’s communities in New Jersey and eastern Pennsylvania. The “Red-Hot Summer SPEC-tacular” sales event provides buyers with additional savings on top of already-reduced prices on an outstanding selection of early-delivery homes at each community. The total amount of savings will vary by community, home, and homesite. See a Sales Associate for full details and final pricing on quick move-in homes.

“Demand for quick move-in homes is really at a high this year,” said Barry McCarron, President of K. Hovnanian’s® Northeast Division. “These homes offer a very attractive option for buyers today. We have an excellent selection of quick move-in homes in a variety of styles, so there’s something for everyone – from townhomes to single-family homes and gorgeous homes in our 55+ lifestyle communities. Our summer sales event provides an excellent opportunity for buyers who are able to move quickly, to take advantage of some tremendous savings on quick move-in homes at every one of our communities.”

K. Hovnanian® has one of the region’s best selections of quick move-in, or “spec” homes. These homes provide a unique opportunity to close rapidly, often within 30 days of purchase. Consequently, they are an increasingly popular choice – especially for first-time buyers, for those who don’t have to worry about selling an existing home, and for buyers who have recently sold their old home.

Participating communities in K. Hovnanian’s® “Red-Hot Summer SPEC-tacular” savings event include: Bayport on Lake’s Bay in Egg Harbor Township; Cambridge Crossing in South Brunswick; Doylestown Greene in Doylestown, PA; K. Hovnanian’s® Four Seasons at Great Notch Spa & Club in Woodland Park/Clifton; K. Hovnanian’s® Four Seasons at Harbor Bay in Little Egg Harbor; K. Hovnanian’s® Four Seasons at Monmouth Woods in Howell Township; K. Hovnanian’s® Four Seasons at Monroe in Monroe Township; Magnolia Ridge Estates in East Windsor; Montgomery Ridge in Montgomery, NJ; The Oaks at Cranbury in South Brunswick; and Reserve at Montvale in Montvale.

K. Hovnanian’s® Four Seasons communities are intended to provide housing primarily for residents 55 years of age or older. Additional restrictions, including limitations on the ages of additional permanent and temporary residents of a home, may apply. All K. Hovnanian’s® Four Seasons communities shall be operated as age-restricted communities in compliance with all applicable local, state and federal laws. Limited exceptions for residents 50 years of age or older may apply. See a Community Sales Consultant for details.

For information on specific quick-move-in homes and special savings available during this summer savings event, visit one of the participating communities or call the sales office to speak with an associate for details. For more information or directions to any K. Hovnanian® Homes community, visit khov.com; or call 1-888-KHOV-HOME.

ABOUT HOVNANIAN ENTERPRISES®, INC.

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2015 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail list, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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Source

K. Hovnanian Homes

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