KB Home
(NYSE: KBH)
22.01
-0.01
-0.05%
-0.01
-0.05%
MORE ON KBH
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | KB Home |
| Industry: | Residential Construction |
| Employees: | 1,200 |
DESCRIPTION
| KB Home is incorporated in Delaware. The Company constructs and sells homes through its operating divisions across the United States under the name KB Home. Its homebuilding operations, which are divided into four geographically defined segments, offers a variety of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. The Company offers homes in development communities, at urban in-fill locations and as part of mixed-use projects. Its financial services reporting segment provides title and insurance services to its homebuyers. This segment also provided mortgage banking services to its homebuyers indirectly through KBA Mortgage, LLC. The Company provides a limited warranty on all of its homes. The specific terms and conditions vary depending on the market where it does business. The Company generally provides a structural warranty of 10 years, a warranty on electrical, heating, cooling, plumbing and other building systems each varying from two to five years based on geographic market and state law, and a warranty of one year for other components of a home. The principal raw materials used in the construction of its homes are concrete and forest products. In addition, it uses a variety of other construction materials in the homebuilding process, including drywall and plumbing and electrical items. The Company continues to focus its promotional marketing efforts on first-time, move-up and active adult homebuyers. Its promotional marketing efforts are directed at differentiating the KB Home brand from resale homes and from homes sold through foreclosures, short sales and by other homebuilders. The Company sells its homes under standard purchase contracts, which generally require a homebuyer to pay a deposit at the time of signing. The amount of the deposit required varies among markets and communities. Homebuyers also may be required to pay additional deposits when they select options or upgrades for their homes. The homebuilding industry and housing market are highly competitive, and the Company competes with numerous homebuilders ranging from regional and national firms to small local builders primarily on the basis of price, location, financing, design, reputation, quality and amenities. The Company is subject to a variety of local, state and federal statutes, ordinances, rules and regulations concerning the environment. |
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money.
Learn more
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The major averages ended higher across the board as the S&P 500 advanced 0.8%. Equities climbed steadily since the opening bell as investors prepared for tomorrow's policy decision from the Federal Reserve. Although chatter in recent w
...
More
MORE MARKET NEWS
Sponsored by: