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KB Home - KBH STOCK NEWS

Welcome to our dedicated page for KB Home news (Ticker: KBH), a resource for investors and traders seeking the latest updates and insights on KB Home stock.

KB Home (NYSE: KBH) is a leading homebuilding company in the United States, renowned for its commitment to sustainability and customer-centric approach. Founded in 1957, KB Home was the first homebuilder to be listed on the New York Stock Exchange. Over the decades, the company has constructed nearly 600,000 homes, catering to families across the nation.

KB Home’s core business involves building single-family homes and developing communities in diverse geographical segments, including the West Coast, Southwest, Central, and Southeast regions of the U.S. The company primarily serves first-time and move-up homebuyers, offering a personalized homebuilding experience. Buyers can choose their lot location, floor plan, décor choices, design features, and other special touches, making each home unique and tailored to individual preferences.

As an industry leader in sustainability, KB Home constructs innovative and highly energy- and water-efficient homes. This commitment not only helps in reducing environmental impact but also provides cost savings to homeowners. The company’s dedication to green building practices has positioned it at the forefront of sustainable construction in the residential sector.

In addition to its homebuilding operations, KB Home engages in financial services through a joint venture providing mortgage banking services. The company's comprehensive approach ensures that homebuyers have a seamless and supportive experience from the start of their home search to obtaining financing and finally moving into their new home.

Recently, KB Home has focused on expanding its land acquisition and development activities to support future building projects. This strategic investment aims to secure a robust pipeline of new homes, meeting the ongoing demand in the housing market.

Stay updated with the latest developments and achievements from KB Home by visiting their official website or connecting on social media platforms like Facebook and Twitter.

Rhea-AI Summary

KB Home (NYSE: KBH) plans to donate over 15,000 blankets to homeless shelters across the U.S. through a partnership with Sackcloth & Ashes. This initiative will support shelters by addressing the critical need for blankets. Each new homeowner will receive a Sackcloth & Ashes blanket as a housewarming gift, with a corresponding donation going to a local shelter. The program exemplifies KB Home's commitment to community support and social impact, reinforcing its mission of providing safe housing and helping those in need. The initiative launched with a blanket drop at a Northern California shelter.

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KB Home announced the grand opening of Wildhawk, a new community of single-family homes in Vacaville, California, with prices starting from the $620,000. The community offers easy access to major job centers between San Francisco and Sacramento, alongside amenities like parks and trails. Homes range from approximately 1,500 to 2,900 square feet with customizable options for buyers. Additionally, all homes are ENERGY STAR certified, ensuring energy efficiency and savings on utility bills.

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KB Home announces the grand opening of Ascent, a new condominium community in Gilroy, California, starting from the low $600,000s. Located in the popular Glen Loma Ranch master plan, Ascent offers townhome-style residences with up to three bedrooms and three baths, ranging from 1,100 to 2,000 square feet. The community prioritizes energy efficiency, ensuring all homes are ENERGY STAR certified. This development emphasizes outdoor recreation, proximity to shopping, and amenities, marking a significant addition to the housing market in Silicon Valley.

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KB Home, a leading U.S. homebuilder, is expanding into Idaho, acquiring rights to over 1,100 homesites across three new communities in the Boise area. The company has appointed Thomas Coleman as Idaho Division President, bringing over a decade of local experience. KB Home plans to launch its first community, Graycliff, in Spring 2022, with initial home deliveries expected in late 2022. This strategic move highlights the company's focus on growth and personalization in its homebuilding approach.

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FAQ

What is the current stock price of KB Home (KBH)?

The current stock price of KB Home (KBH) is $82.68 as of November 26, 2024.

What is the market cap of KB Home (KBH)?

The market cap of KB Home (KBH) is approximately 6.1B.

What does KB Home specialize in?

KB Home specializes in building single-family homes and developing communities across the United States, focusing on sustainability and personalized homebuilding.

When was KB Home founded?

KB Home was founded in 1957.

Is KB Home publicly traded?

Yes, KB Home is publicly traded on the New York Stock Exchange under the ticker symbol KBH.

What regions does KB Home operate in?

KB Home operates in the West Coast, Southwest, Central, and Southeast regions of the United States.

Who are KB Home’s primary customers?

KB Home primarily serves first-time and move-up homebuyers.

What makes KB Home’s homes unique?

KB Home offers a personalized homebuilding experience, allowing buyers to choose their lot, floor plan, décor, and design features.

How does KB Home contribute to sustainability?

KB Home is an industry leader in building energy- and water-efficient homes, reducing environmental impact and providing cost savings for homeowners.

Does KB Home provide mortgage services?

Yes, KB Home offers mortgage banking services through a joint venture.

How many homes has KB Home built?

KB Home has built nearly 600,000 homes since its inception.

Where can I learn more about KB Home?

You can learn more about KB Home by visiting their official website at www.kbhome.com or connecting on their social media platforms.

KB Home

NYSE:KBH

KBH Rankings

KBH Stock Data

6.06B
64.11M
12.41%
102.74%
7.85%
Residential Construction
Operative Builders
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United States of America
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