In response to changing market conditions in Florida and Texas, leading homebuilder KB Home (NYSE: KBH) has decided to slash home prices in Austin, San Antonio, Orlando, and Jacksonville.

Those four markets—Austin, San Antonio, Orlando, and Jacksonville—are among the few metro area housing markets where active inventory for sale has returned back to pre-pandemic levels. In ...

KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Creekside at Estancia, a new-home community in Austin. These new homes are ...

KB Home's guidance for fiscal 2025 includes revenue of between $6.3 billion and $6.5 billion, with average selling prices remaining in the $480,000-to-$490,000 range.

Earnings Results Home prices fell, but the peak spring selling season was still weak. What’s next? KB Home saw quarterly orders for new homes drop 13% and miss expectations by a wide margin.

KB Home KBH 0.18% cut its outlook for the year again after posting lower profit and sales for its fiscal second quarter as housing-market conditions remain sluggish. The home builder said Monday ...

Eldon Rude, a longtime housing market analyst based in Austin, told Newsweek: "Texas was one of several Sun Belt states that experienced significant in-migration between 2020 and 2022, which ...

In the company’s second quarter, KB Home earned $1.50, which did beat estimates by $0.03, but there is no way to classify these results other than weak. Revenue was down over 10% to $1.53 ...

In the three months ended August 31, KB Home's revenue increased 10.4% to $1.75 billion, as its home deliveries rose 7.6% year-over-year to 3,631 and its average selling price jumped 3.1% to $480,900.

DALLAS-- (BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Cottonwood Creek, a new-home community in Seagoville.