Hovnanian Enterprises Inc. (NYSE:HOV) Q4 2019 Earnings Conference Call - Final Transcript

Dec 05, 2019 • 11:00 am ET

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Hovnanian Enterprises Inc. (NYSE:HOV) Q4 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Ara K. Hovnanian

undertaken. These investments are very critical to our future successes. We're encouraged that the housing market remains strong, which is very evident in the recent sales success I just reported. We feel that we're well positioned to take advantage of demographic trends, especially given our focus on the entry level homes through our Aspire offerings and empty-nester homes through our Four Seasons Active Lifestyle communities. Additionally, the U.S. economy remains strong and mortgage rates are very attractive at these low levels. We believe that given this backdrop, we are well positioned to execute on our growth strategies.

That concludes our formal remarks and we're happy to open it up for questions.