KB Home reported third-quarter net income of $65.3 million, down 41% from a year earlier, as net orders fell 12% and housing gross margin compressed. Executives said housing conditions have weakened since June as higher mortgage rates pressure affordability and buyer...
KB Home (NYSE: KBH) has announced its expansion into the Atlanta market with the acquisition of 110 homesites that will be the site of Whitley Meadows, a new single-home community slated to open in early 2027 in Bethlehem, Georgia. Bill Schmidt, who joined the company...
KB Home (NYSE: KBH), announced the grand opening of Greenleaf Grove, its new cul-de-sac community in the Seattle metro area city of Bothell, Washington. The community’s homes feature two-story floor plans offering up to six bedrooms and three-and-a-half bathrooms....
The Siegel Group, a real estate investment and management firm, announced an off-market sale of a portion of its land holdings in Las Vegas to the homebuilder KB Home (NYSE: KBH) for $19 million. The sale includes approximately 20 acres of a larger 27-acre assemblage...
Howard Hughes Holdings Inc. (NYSE: HHH) announced the first four homebuilders for the launch of Teravalis, the company’s new 37,000-acre community in Arizona’s Phoenix West Valley. Brightland Homes, Courtland Communities, KB Home and Lennar will build the initial...