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The average selling price of a home this quarter was $481,300, a 4.5% drop compared to last year. Going forward, KB Home warned that their popular incentive strategies could be pulled back this year.
KB Home headquarters in the Westwood district of Los Angeles. KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
KB Home is catering to buyers through customization and a rate lock. ... Meanwhile, the average selling price of a home this quarter was $466,300, down from the previous quarter of $479,500.
There's no doubt about it: Homebuilders have exceeded expectations this year.Take, for example, KB Home, which recorded net home sales of 3,936 in the three-month period ending on May 31. This ...
Money's tighter for everyone this year, with gas prices and inflation shrinking our monthly budgets. But that doesn't mean all home renovations or improvement projects have to be put on hold. See ...
Shares of Lennar (LEN) are hitting highs last seen in 2007 after the homebuilder posted better-than-expected quarterly results this week. Since bottoming out in October, shares of Lennar, D.R ...
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