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As of July, KB Home is only about 4% to 5% below its 2022 price peak, Mezger says, and he believes they could reach that peak again in 2024 if the housing market continues on its current trajectory.
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 ...
KB Home closed 3,400 homes in the fourth quarter driven by better cycle times, or how long it takes to build a house, and a strong backlog of buyers committed to closing on their home when completed.
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.
In August 2020, KB Home introduced the KB Home Office, a partially customizable home office package targeting remote workers. [20] In October 2020, KB Home was recognized by the United States Environmental Protection Agency and awarded its WaterSense Sustained Excellence Award. This was the fourth consecutive year in which KB Home received the ...
KB Home is catering to buyers through customization and a rate lock. KB Home skips mortgage rate buydowns that other builders are promoting [Video] Skip to main content
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.
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