Press Release brought to you by K. Hovnanian Homes

Upper Providence Community Now in Final Phase

06/18/2015

Upper Providence Township, PA, June 2015: K. Hovnanian’s®Providence Corner, a popular new townhome community in Upper Providence Township, has entered its final phase. All homes are now under construction in the community. As the summer buying season escalates, and with only approximately 20 homes remaining at Providence Corner, the builder anticipates that these final homes will sell quickly.

Providence Corner has attracted interest from a variety of homebuyers, including many first-time buyers and many who are choosing to “right-size” or move down. The community offers distinctive, low-maintenance townhomes in one of Montgomery County’s most prime locations, at an exceptional value. Buyers can choose from two expansive floorplans that feature up to 2,026 square feet of living space, with 3 bedrooms, 2½ baths, a loft, and 2-car garages. Each home also comes standard with a basement, which homeowners can upgrade to a daylight or walkout basement. Pricing begins from the upper-$200s (subject to change).

Suresh Paramasivam and his family are recent first-time buyers at Providence Corner, who decided that it was time to stop renting and buy their own home. On their first visit to the community, they were very impressed. “We walked onto this property and immediately liked it,” Paramasivam said. “The location was ideal. We had looked at two other homes in the area, but as soon as we saw this community and the way it was built and the models, we were impressed. We did not even have a second thought about going back to look at an old, used home after coming here. We liked that these homes are brand new, and that they also they fit our budget. The value was very good.”

The community has also made a strong impression throughout the homebuilding industry in the area. Providence Corner has received a number of Synergy Awards, which are given annually by the Home Builders Associations of Bucks and Montgomery and Chester and Delaware Counties to honor homebuilders for excellence in design. Among other awards, Providence Corner was honored as Townhome Community of the Year and received the Home of the Year award for its Dartmouth model (Best Townhome Under 2,500 Square Feet).

In addition to offering attractive townhomes at a tremendous value, Providence Corner is set in one of Montgomery County’s most convenient locations. The community is only 15 minutes from the Pennsylvania Turnpike and I-76, and close to Route 202. Homeowners enjoy an easy commute to Philadelphia, King of Prussia and Great Valley. The area also provides a wide range of outdoor activities, all close by. Valley Forge National Park is only minutes away and the Schuylkill River Trail runs near the community, offering a wonderful setting for a brisk walk in the evening or a game of catch with the kids. There’s also a brand-new YMCA located just about a block away.

Visit Providence Corner soon and take a tour of the community’s beautifully decorated model homes. You’ll discover why more and more buyers throughout the Delaware Valley are choosing to make the move to this rapidly selling community. The sales center and model home are open daily from 10 a.m. to 6 p.m. For directions or more information, call (610) 792-3094; or visit www.khov.com/ProvidenceCorner.

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, Minnesota, New Jersey, North Carolina, 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 adult homes.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2014 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 or fax lists, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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06/18/2015 - 18:45

Source

K. Hovnanian Homes

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