Hovnanian Enterprises designs, builds, and markets single-family detached homes, condominiums, and townhomes for first-time, move-up, and luxury buyers as well as for empty-nesters and active adults. The builder sells homes in 220 communities across 16 US states under the K. Hovnanian, Brighton, Matzel and Mumford, Oster, Parkwood Builders, and Town & Country brands. The company's K. Hovnanian American Mortgage unit offers mortgage financing and title services. In FY2015, Hovnanian Enterprises delivered 5,776 homes for an average sale price of $382,300 each, with prices ranging from $116 thousand to $1.67 million per home. Almost 40% of its home sales came from Texas and Arizona.