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KB Home Profit Falls 41% as Builder Says Housing Conditions Have Weakened

KB Home Profit Falls 41% as Builder Says Housing Conditions Have Weakened

by John G. Stevens | Sep 22, 2026 | Current News & Events, Industry Updates, U.S. Housing Market

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 Expands into Atlanta Market

KB Home Expands into Atlanta Market

by Phil Hall | May 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Unveils New Seattle-Area Community

KB Home Unveils New Seattle-Area Community

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

by Phil Hall | Oct 17, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

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 Contracts Four Homebuilders for Arizona Planned Community

Howard Hughes Holdings Contracts Four Homebuilders for Arizona Planned Community

by Phil Hall | Apr 3, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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