<SUBMISSION>
<ACCESSION-NUMBER>0001299933-10-004011
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20101109
<ITEMS>2.02
<ITEMS>7.01
<ITEMS>9.01
<FILING-DATE>20101109
<DATE-OF-FILING-DATE-CHANGE>20101109
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>AVATAR HOLDINGS INC
<CIK>0000039677
<ASSIGNED-SIC>1531
<IRS-NUMBER>231739078
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-07395
<FILM-NUMBER>101176185
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>201 ALHAMBRA CIRCLE
<CITY>CORAL GABLES
<STATE>FL
<ZIP>33134
<PHONE>3054427000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>201 ALHAMBRA CIRCLE
<CITY>CORAL GABLES
<STATE>FL
<ZIP>33134
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GAC CORP /DE/
<DATE-CHANGED>19801023
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GENERAL ACCEPTANCE CORP
<DATE-CHANGED>19710208
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_39662.htm
<DESCRIPTION>LIVE FILING
<TEXT>
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<TITLE> Avatar Holdings Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	November 9, 2010
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	Avatar Holdings Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	001-07395
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	23-1739078
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	201 Alhambra Circle, Coral Gables, Florida
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	33134
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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	1-305-442-7000
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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	Item 2.02 Results of Operations and Financial Condition.
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On November 9, 2010, Avatar Holdings Inc. issued a press release announcing its results for the quarter ended September 30, 2010.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.<br><br>
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	Item 7.01 Regulation FD Disclosure.
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The information furnished pursuant to Item 2.02, "Results of Operations and Financial Condition", is incorporated herein by reference.
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	Item 9.01 Financial Statements and Exhibits.
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(d)  Exhibits<br><br>Press Release dated November 9, 2010.
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<BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT">The information in this report, including the exhibit hereto, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, or otherwise subject to the liabilities of that Section.  The information in this report, including the exhibit hereto, shall not be incorporated by reference into any filing of the registrant with the SEC, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the registrant specifically states that the information or exhibit in this particular report is incorporated by reference).</P><!-- PageBreak START -->
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	Avatar Holdings Inc.
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	&nbsp;&nbsp;
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	November 9, 2010
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	By:
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<I>
	Juanita I. Kerrigan
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	Name: Juanita I. Kerrigan
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	Title: Vice President and Secretary
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	Exhibit&nbsp;Index
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	Exhibit No.
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	99.1
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Press Release dated November 9, 2010
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 19pt"><B>AVATAR</B>
</FONT><BR>
<FONT style="font-size: 10pt"><U>FOR IMMEDIATE RELEASE</U>
<BR>
<B>Contact : </B>Avatar Holdings Inc.
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 5%">201 Alhambra Circle


<P align="left" style="font-size: 10pt; text-indent: 5%">Coral Gables, FL 33134


<P align="left" style="font-size: 10pt; text-indent: 5%">Juanita I. Kerrigan


<P align="left" style="font-size: 10pt; text-indent: 5%">(305)&nbsp;442-7000


<P align="left" style="font-size: 10pt; text-indent: 5%"><FONT style="font-size: 12pt"><B>AVATAR REPORTS THIRD QUARTER RESULTS OF OPERATIONS</B>
</FONT>

<P align="left" style="font-size: 12pt; text-indent: 4%">Coral Gables, FL &#150; November&nbsp;9, 2010 &#150; Avatar Holdings Inc. (NASDAQ-AVTR) today reported a net
loss of $9,519,000 ($0.84 per share, diluted) for the three months ended September&nbsp;30, 2010,
compared to a net loss of $8,811,000 ($1.01 per share, diluted) for the three months ended
September&nbsp;30, 2009.


<P align="left" style="font-size: 12pt; text-indent: 4%">Avatar reported a net loss of $25,398,000 ($2.26 per share, diluted) for the nine months ended
September&nbsp;30, 2009, compared to a net loss of $27,182,000 ($3.13 per share, diluted) for the same
period in 2009.


<P align="left" style="font-size: 12pt; text-indent: 4%">During the three months ended September&nbsp;30, 2010, Avatar closed on 26 homes, a 66% decrease
from the 76 homes closed during the three months ended September&nbsp;30, 2009. Dollar volume decreased
by 61% to $5,098,000 compared to $13,202,000 for the three months ended September&nbsp;30, 2009.


<P align="left" style="font-size: 12pt; text-indent: 4%">During the nine months ended September&nbsp;30, 2010, Avatar closed on 121 homes, a 33% decrease
from 180 homes closed during the comparable period of 2009. Dollar volume decreased by 34% to
$23,303,000, compared to $35,527,000 for the nine months ended September&nbsp;30 2009.


<P align="left" style="font-size: 12pt; text-indent: 4%">The number of housing contracts signed, net of cancellations, during the three months ended
September&nbsp;30, 2010 declined by 48% to 22, compared to 42 for the three months ended September&nbsp;30,
2009. The dollar volume of contracts signed decreased by 47% compared to the three months ended
September&nbsp;30, 2009, to $3,720,000 compared to $6,977,000.


<P align="left" style="font-size: 12pt; text-indent: 4%">The number of housing contracts signed, net of cancellations, for the nine months ended
September&nbsp;30, 2010 decreased by 27% to 120, compared to 164 for the nine months ended September&nbsp;30,
2009. The dollar volume of contracts signed declined by 13% compared to the nine months ended
September&nbsp;30, 2009, to $24,505,000 compared to $28,173,000.


<P align="left" style="font-size: 12pt; text-indent: 4%">Avatar recently announced the election, effective November&nbsp;15, 2010, of Jon Donnell as
President and Chief Executive Officer, as well as a member of its Board of Directors. Gerald D.
Kelfer, who is retiring as President and Chief Executive Officer, will remain as a member of and
Vice Chairman of the Board.


<P align="left" style="font-size: 12pt; text-indent: 4%">On October&nbsp;25, 2010, Avatar reported the acquisition of a portfolio of real estate assets by
its wholly-owned subsidiary, Avatar Properties Inc., from entities affiliated with JEN Partners,
LLC. These assets included Joseph Carl Homes, a Phoenix-based private homebuilder; CantaMia, an
active adult community under development by Joseph Carl Homes; and Sharpe Properties, 445 acres
located in Orange County, Florida. In addition, Joseph Carl Mulac, III, joined the Company as
Executive Vice President and as President of Avatar Properties Inc.; and Reuben Leibowitz and Allen
Anderson, two Managing Directors of JEN Partners, joined Avatar&#146;s Board.


<P align="center" style="font-size: 12pt">* * * * * * *



<P align="left" style="font-size: 12pt"><FONT style="font-size: 11pt"><B>About Avatar Holdings</B>
</FONT>

<P align="left" style="font-size: 11pt; text-indent: 4%"><FONT style="font-size: 9pt">Avatar Holdings Inc. is engaged in real estate operations in Florida and Arizona. Avatar&#146;s
principal operations are conducted at Poinciana, Solivita and Bellalago in central Florida near
Orlando; at Seasons at Tradition in Port St. Lucie, Florida; at Rio Rico, south of Tucson, Arizona;
and at the recently-acquired active adult community of CantaMia in Goodyear, Arizona. Avatar&#146;s
common shares trade on NASDAQ under the symbol AVTR.
</FONT>

<P align="left" style="font-size: 9pt; text-indent: 4%">Certain statements discussed herein or made by the Company constitute &#147;forward-looking
statements&#148; within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and other important
factors that could cause the actual results, performance or achievements of results to differ
materially from any future results, performance or achievements expressed or implied by such
forward-looking statements. Such risks, uncertainties and other important factors include, among
others: the stability of certain financial markets; disruption of the credit markets and reduced
availability and more stringent financing requirements for commercial and residential mortgages of
all types; the number of investor and speculator resale homes for sale and homes in foreclosure in
our communities and in the geographic areas in which we develop and sell homes; the increased level
of unemployment; the decline in net worth and/or of income of potential buyers; the decline in
consumer confidence; the failure to successfully implement our business strategy; shifts in
demographic trends affecting demand for active adult and primary housing; the level of immigration
and migration into the areas in which we conduct real estate activities; our access to financing;
construction defect and home warranty claims; changes in, or the failure or inability to comply
with, government regulations; and other factors as are described in Avatar&#146;s filings with the
Securities and Exchange Commission, including under the caption &#147;Risk Factors&#148; included in its
Annual Report on Form 10-K for the year ended December&nbsp;31, 2009. At least 80% of active adult
homes are intended for occupancy by at least one person 55&nbsp;years or older.


<P align="center" style="font-size: 9pt"># # #



<P align="center" style="font-size: 9pt"><FONT style="font-size: 12pt"><U><B>SELECTED FINANCIAL DATA FOR THE NINE MONTHS AND THREE MONTHS ENDED </B></U><BR>
<U><B>SEPTEMBER 30, 2010 AND 2009</B></U></FONT><BR>
<FONT style="font-size: 11pt">(<I>Unaudited &#150; Dollars in thousands except per share data</I>)</FONT>



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    <TD width="4%">&nbsp;</TD>
</TR>
<TR style="font-size: 11.5pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Nine Months</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Three Months</B></TD>
</TR>
<TR style="font-size: 11.5pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2010</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2009</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2010</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2009</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">36,498</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">52,954</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">9,573</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">18,252</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Loss before income taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(26,190</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(28,629</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(10,039</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(9,428</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Income Tax Benefit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">375</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,447</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">375</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">617</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net loss</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(25,398</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(27,182</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(9,519</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(8,811</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Basic and Diluted EPS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(2.26</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(3.13</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(0.84</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(1.01</TD>
    <TD nowrap>)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="44%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="12%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Selected Balance Sheet Data</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><FONT style="font-size: 11.5pt">September 30, 2010</FONT></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left"><FONT style="font-size: 11.5pt">December 31, 2009<BR></FONT></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">&nbsp;</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 11.5pt">Cash and cash equivalents</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">148,149</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">217,132</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 11.5pt">Total assets</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">517,936</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">594,719</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 11.5pt">Total stockholders&#146; equity</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">419,465</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">444,101</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
</TR>
<TR valign="bottom" style="font-size: 11.5pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 11.5pt">Book Value per share</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">36.92</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 11.5pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 11.5pt">39.11</FONT></TD>
    <TD><FONT style="font-size: 11.5pt"></FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



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