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The Subprime Mess is Partly the Media’s Fault…!

May 04, 2007By

Made you look: If you didn’t do a double take at that headline, you haven’t been reading HW enough. Yet, in a stunningly inexplicable lapse of reason, that’s precisely the tack being taken by home builder Hovnanian Enterprises, Inc., which said today that orders for new homes were off by 30 percent during its second quarter (which it just completed).