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In a recent interview with Fortune, KB Home CEO Jeffrey Mezger expressed his optimism about the homebuilding industry's prospects, attributing it to the chronic shortage of existing and resale ...
"To us, this speaks to the pent-up demand for home ownership," Mezger added. During the company's fiscal fourth quarter, which wrapped up on Nov. 30, 2023, the company saw net orders tally 1,909 ...
KB Home CEO Jeffrey Mezger is certainly no housing newbie. He has seen just about everything in his 17 years as the homebuilder's top executive, including the "housing bubble" and subsequent crash ...
Mezger joined KB Home in 1993. [1] [3] From 1999 to 2006, he served as chief operating officer and executive vice president of KB Home.[1] [2] [3] He has served as president and CEO since 2006.
Customers' orders for new homes jumped 52% to 3,097 homes, pulling in "within our guided range to help the result during a seasonally slower time of year," Mezger noted. However, orders were still ...
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KB Home was founded in Detroit in 1956 by Donald Bruce Kaufman and Eli Broad. [6] Their first venture together was the construction of two model homes in the Northeast Detroit suburbs, where a new generation of first-time home buyers were flocking. [6]
Jeffrey Mezger, CEO, chairman, and president of KB Home, joins Yahoo Finance to discuss the homebuilding company’s growth and outlook for the year ahead.