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You May Regret Not Buying a House: Hovnanian CEO

Posted on December 17, 2012 at 12:07 PM EST

Home prices are on the rise, and potential buyers may look back and regret not taking advantage of today's low rates and affordability, Hovnanian CEO Ara Hovnanian told CNBC.

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Hovnanian Enterprises Inc. Cl A Hovnanian Enterprises Inc. Dep Shr Srs A Pfd Lennar Corp. Cl A Toll Brothers, Inc.

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