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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.
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 ...
"As interest rates have now declined since the end of our fiscal year, demand has improved significantly," Jeffrey Mezger, KB Home president and CEO, told analysts on a conference call this week.
[1] [3] He also serves on the executive board of the Lusk Center for Real Estate at the University of Southern California and on the policy advisory board of the Fisher Center for Real Estate & Urban Economics at the University of California, Berkeley. [3] [4] [6] In 2010, Builder Magazine honored Mezger with its "CEO of the Year" award. [7]
KB Home headquarters in the Westwood district of Los Angeles. KB Home is a homebuilding company based in the United States, founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the NYSE as a home builder. Its headquarters are in Los Angeles, California.
Residential single-family homes by KB Home Residential are shown under construction in the community of Valley Center, Calif., on June 3, 2021. (REUTERS/Mike Blake) (Mike Blake / reuters)
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Although HomeAdvisor currently has a BBB rating of A−, the rating had been as low as a "B", in 2017. There are over 600 negative reviews of the service on the BBB website. [ 25 ] However, the HomeAdvisor brand has as high as a 4.4 out of 5 on sites like ConsumerAffairs and Trust Pilot but as low as a 2.8 out of 5 on SiteJabber .