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Actually down 26% in last 5 days. I got stopped out at 13.5 (4% loss) The MACD in right on the line not sure what it wants to do but the RSI is a little high so think I will wait to see what this does next week.
Down 8.5%...incredible!
Gee that was fast. Got stopped out this morning.
I see the short is high but off to decent start today. Pre-M up..
Lennar did well...kbh heavily shorted.
Bought some myself. Good news today with app for mortgages and drop in interest rates. Should be up tommorow IMO.
* * $KBH Video Chart 01-13-15 * *
Link to Video - click here to watch the technical chart video
$18.15 premarket prior to earnings release today...
I know KBH has been a favorite of shorts...
Housing has struggled and I have positions in pretty much all housing sector stocks and waiting for fnf to be released...upon release, my bet is housing recovers...current uncertainty of the 30 year mortgage must be removed...
Looking to jump in this one.
I will probably take a starter position here today.
Analyst Actions: KB Home Rises 3% on Citigroup Upgrade 12/23 06:47 AM
--------------------------------------------------------------------------------
09:47 AM EST, 12/23/2013 (MT Newswires) -- Shares in KB Home (KBH:$17.7819,$0.8719,5.16%) have gained nearly 3% in the first hour of Monday's regular session after analysts at Citigroup upgraded the residential homes builder to a neutral rating from sell. The analysts, however, did not provide a target price.
KBH has a 52-week range of $14.93 - $25.14.
Price: 17.40 , Change: +0.49, Percent Change: +2.9
KBH still rockin, shudda stayed with it
RESIDENTIAL CONSTRUCTION INDUSTRY ON THE RISE?
KBH rocking since the NEW YEAR 2012
KB Home Reports Third Quarter 2012 Results
http://www.knobias.com/story.htm?eid=3.1.41d60f17acc1f4bd39a33aec3da816e7378572ea220dd7c28e5a45a259a5e2b0
Friday , September 21, 2012 05:30ET
Revenues Increase 16%; Earnings Per Share of $.04
Net Order Value Increases 16% to $493.3 Million; Backlog Value Up 33% to $744.7 Million
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, today reported results for its third quarter ended August 31, 2012. Highlights and developments include the following:
Three Months Ended August 31, 2012
-- Revenues increased 16% to $424.5 million, compared to $367.3 million for
the third quarter of 2011, reflecting growth in the number of homes
delivered and a higher average selling price.
o The Company delivered 1,720 homes, up 7% from the year-earlier
quarter, with three of the Company's four homebuilding regions posting
year-over-year increases.
o The overall average selling price of $245,100 rose by $17,700, or 8%,
from $227,400 for the year-earlier quarter, marking the ninth
consecutive quarter of year-over-year increases, and was up by
$12,100, or 5% from $233,000 in the second quarter of 2012.
o Compared to the year-earlier quarter, average selling prices increased
14% in the Company's West Coast region, 13% in its Southwest region
and 6% in its Southeast region. The average selling price in the
Company's Central region was essentially even with the prior year.
-- The housing gross profit margin improved to 17.5%, up 60 basis points
compared to 16.9% in both the third quarter of 2011 and the second
quarter of 2012.
o The housing gross profit margin for the current quarter reflected an
insurance recovery of $16.5 million for previously incurred expenses,
including costs associated with drywall material manufactured in
China. The Company expects to receive the cash from this insurance
recovery in the fourth quarter. In the 2011 third quarter, the housing
gross profit margin included $7.4 million of favorable warranty
adjustments.
o Excluding inventory impairment charges of $6.4 million in the current
quarter and inventory impairment and land option contract abandonment
charges of $1.2 million in the year-earlier quarter, the third quarter
housing gross profit margin improved by 180 basis points to 19.0% in
2012 from 17.2% in 2011.
-- While the Company delivered more homes, generating higher related
revenues and associated selling expenses, its selling, general and
administrative expenses of $62.8 million in the current quarter were up
only slightly from $60.2 million in the same quarter a year ago.
Additionally, the year-earlier quarter included the favorable impact of
legal expense recoveries of $8.3 million.
o Reflecting the higher revenues, selling, general and administrative
expenses as a percentage of housing revenues improved by 160 basis
points to 14.9% from 16.5% a year ago, and by 720 basis points from
22.1% in the 2012 second quarter.
o The Company's selling, general and administrative expense ratio
reached its lowest third-quarter level since 2007.
-- The Company's homebuilding operating income increased significantly to
$10.9 million in the current quarter, up from $1.4 million in the
year-earlier quarter.
o This marked the Company's first posting of quarterly operating income
in 2012.
o As a percentage of homebuilding revenues, homebuilding operating
income was 2.6%, up 220 basis points from .4% in the third quarter of
2011.
o Compared to the second quarter of 2012, the Company's homebuilding
operating results as a percentage of homebuilding revenues improved by
780 basis points.
-- Interest expense totaled $23.1 million, up from $12.3 million in the
year-earlier quarter.
o Interest expense in the current quarter reflected an $8.3 million loss
on the early extinguishment of debt associated with the Company's
purchase of certain of its outstanding senior notes pursuant to
previously announced cash tender offers.
-- Net income totaled $3.3 million, up $12.9 million from the net loss of
$9.6 million in the year-earlier quarter. The Company's earnings per
diluted share of $.04 represented a considerable improvement from the
loss per diluted share of $.13 in the year-earlier quarter.
o The current quarter results included an income tax benefit of $10.7
million primarily due to the resolution of a federal income tax audit.
The Company received the related income tax refund in the fourth
quarter.
Nine Months Ended August 31, 2012
-- Homes delivered increased 9% to 4,160, up from 3,817 in the year-earlier
period.
-- The overall average selling price of $234,100 was up 8% from $217,400
for the corresponding period of 2011.
-- Revenues totaled $981.9 million, up 17% from $836.0 million for the
year-earlier period.
-- The Company's net loss of $66.7 million, or $.86 per diluted share,
improved substantially from the net loss of $192.7 million, or $2.50 per
diluted share, for the nine months ended August 31, 2011.
Backlog and Net Orders
-- Potential future housing revenues in backlog at August 31, 2012 rose
substantially to $744.7 million, up 33% from $559.3 million at August
31, 2011, with three of the Company's four homebuilding regions posting
year-over-year increases.
o The potential future housing revenues in backlog reached the highest
third quarter-end level since 2008.
o The number of homes in the Company's backlog increased 18% to 3,142 at
August 31, 2012 from 2,657 at August 31, 2011.
-- The overall value of net orders generated in the third quarter of 2012
grew to $493.3 million, up 16% from $426.7 million in the year-earlier
quarter.
o Three of the Company's four homebuilding regions reported sizable
year-over-year increases in net order value, with its West Coast
region up 25% to $252.6 million, its Central region up 20% to $135.9
million, and its Southeast region up 10% to $70.2 million.
-- Net orders increased to 1,900 in the third quarter of 2012, up 3% from
the strong net orders of 1,838 in the year-earlier quarter, which had
increased 40% from the third quarter of 2010. The year-over-year net
order comparison was also tempered by the Company's lower community
count, which decreased 13% to 203 at the end of the current quarter from
233 at the end of the third quarter of 2011.
o The Company's overall net order growth reflected increases of 13% in
each of the Company's West Coast and Central regions, and an increase
of 1% in its Southeast region. These increases were partly offset by a
decrease of 41% in the Company's Southwest region, which was largely
due to the Company's ongoing strategic repositioning of its operations
in the region.
o The cancellation rate as a percentage of gross orders was 29%,
unchanged from the year-earlier quarter and slightly higher than the
26% rate in the 2012 second quarter. As a percentage of beginning
backlog, the cancellation rate improved to 26% from 32% in both the
third quarter of 2011 and the second quarter of 2012.
Balance Sheet
-- Cash and cash equivalents and restricted cash totaled $466.5 million at
August 31, 2012, including unrestricted cash and cash equivalents of
$420.4 million. At May 31, 2012, cash and cash equivalents and
restricted cash totaled $377.4 million, including unrestricted cash and
cash equivalents of $314.3 million.
o Even though the Company invested more in land and land development
than in the year-earlier quarter, it generated $14.1 million of
positive net cash flow from operating activities, compared to $38.6
million of net cash used in operating activities in the third quarter
of 2011. The Company also generated approximately $92 million in cash,
net of expenses, from the issuance of new senior notes in the 2012
third quarter.
-- Inventories at August 31, 2012 were $1.77 billion, up from $1.73 billion
at November 30, 2011.
o Land and land development spending totaled $337.0 million in the first
nine months of 2012. While the Company invested in land and land
development in each of its homebuilding regions, the majority of its
land-related spending during the period was in California and Texas.
o The Company owned or controlled 44,582 lots as of August 31, 2012, an
increase of 11% from 40,170 lots owned or controlled at November 30,
2011, and an increase of 21% from 36,771 lots owned or controlled at
August 31, 2011.
-- The Company's debt balance of $1.73 billion at August 31, 2012 increased
from $1.58 billion at November 30, 2011.
o During the current quarter, the Company issued $350.0 million in
aggregate principal amount of 7.5% senior notes due 2022. Net proceeds
from the issuance were used to purchase an aggregate principal amount
of $244.9 million of the Company's 5 3/4% senior notes due 2014 and 5
7/8% and 6 1/4% senior notes due 2015 that were validly tendered and
accepted for purchase pursuant to the Company's previously announced
cash tender offers for those series, each of which expired on August
7, 2012. The Company plans to use the remaining net proceeds from the
issuance for general corporate purposes.
o The Company's next scheduled debt maturity is not until 2014, when the
remaining $76.0 million of its 5 3/4% senior notes become due.
Management Comments
"We are pleased to report a profit for the third quarter," said Jeffrey Mezger, president and chief executive officer. "During the quarter, we continued to generate improvement in several key financial and operating metrics. The favorable year-over-year performance in our deliveries; revenues; operating income; net orders; and backlog were particularly encouraging as we operated with fewer communities. These trends illustrate that the strategic repositioning of our operations to restore profitability is starting to yield tangible results, as we also saw significant increases in our overall average selling price and gross profit margin, and substantial improvement in our selling, general and administrative expense ratio. At the same time, it is clear that the recovery in housing is gaining momentum across the country as inventory levels are declining and home prices are on the rise. In particular, we are seeing dramatic improvement in California, where we are the state's largest homebuilder, as the continued strengthening in the coastal markets is now spreading inland to Sacramento, the Central Valley and the Inland Empire."
"One of the impacts of our strategic repositioning has been a declining community count, which has moderated our net order growth," continued Mezger. "Now that we have a clear path to achieve profitability, we are accelerating our investments to expand our business in all four of our operating regions. Although our community count will bottom in the fourth quarter, we expect to reverse this trend in 2013. This improvement, when coupled with one of the highest sales rates per community in the industry, should significantly advance our business. With an improved financial position and enhanced liquidity as a result of the financing transactions completed in the quarter, we believe we are well-positioned to capitalize on opportunities for growth as the housing market recovery progresses."
Unfamiliar Feeling For Housing: Optimism,
As 11 Markets Report Double-Digit Gains In May Sales
By Mark Perry on June 9, 2012 | More Posts By Mark Perry
http://www.dailymarkets.com/economy/2012/06/09/unfamiliar-feeling-for-housing-optimism-as-11-markets-report-double-digit-gains-in-may-sales/
1. From today’s Seattle Times:
“The small businesses that drive the housing market are reporting signs that the industry may be experiencing a real comeback.
At the beginning of the spring selling season, real-estate agents and homebuilders were optimistic about the growing number of prospective buyers showing up at open houses and calling to inquire about listings. Now, it appears that interest has translated into sales.
“We had a terrific March, better April, and May is going to be the best closing month since 2006,” says Mark Prather, whose real-estate agency, ERA Buy America Real Estate Services is in La Palma, Calif. Closings are up 50 percent this year from the same period of 2011.
It’s a similar story across the country. Business is being driven by pent-up demand — many people had put off buying since before the recession. Prices are lower after plunging during the housing crisis. Rising rents are making buying more attractive.
On top of all of that, financing is cheap. Mortgage rates are at record lows — 3.75 percent for a 30-year fixed mortgage as of last week. In some areas, people are even saying it’s becoming a sellers’ market.
The Seattle area has shared in the rebound. More than 2,000 houses sold in King County in May; the last time that happened was August 2007. And the median sale price was up nearly 5 percent from May 2011, the biggest year-over-year increase since the market crashed.”
2. The number of metro areas (and states) reporting double-digit increases in May home sales is now up to 11 (most with gains at 20% or higher), with Birmingham reporting a 21% increase in May sales, and statewide sales in Iowa increasing by 14%, along with a 7.2% increase in median home prices.
in and out this one.. looking for re-entry.. KBH
Are you in this one dmik?
Thought I'd found a nice little gem here for housing recovery, but insiders don't seem so optimistic yet. I believe they pay a dividend as well?
Nice little move this week, but then didn't everything? Worth taking a harder look at I suppose.
thanks for your DD
<<< $KBH Links! >>> ~ MAC's Quick DD Links without the charts.
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/KBH
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/KBH/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/KBH/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/KBH/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/KBH/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/KBH/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/KBH/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/KBH/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/KBH/research
Google Finance Summary ~ http://www.google.com/finance?q=KBH
Google Finance News ~ http://www.google.com/finance/company_news?q=KBH
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=KBH
Google Finance Financials ~ http://www.google.com/finance?q=KBH&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=KBH
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=KBH&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=KBH+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=KBH+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=KBH+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=KBH
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=KBH+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=KBH+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/KBH
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/KBH
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=KBH+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=KBH+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=KBH+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=KBH+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=KBH+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=KBH+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=KBH+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=KBH+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=KBH+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=KBH+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=KBH+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=KBH&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=KBH
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=KBH
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=KBH
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=KBH
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=KBH
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=KBH&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=KBH&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/KBH?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/KBH
Barchart Options Quotes ~ http://barchart.com/options/stocks/KBH
Barchart Technical Chart ~ http://barchart.com/charts/stocks/KBH&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/KBH&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/KBH
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=KBH
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/KBH
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/KBH
Barchart News Headlines ~ http://barchart.com/news/stocks/KBH
Barchart Profile ~ http://barchart.com/profile//KBH
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=KBH&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=KBH&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=KBH&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=KBH&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/KBH/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/KBH/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/KBH/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/KBH/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/KBH
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/KBH/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/KBH/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/KBH/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/KBH/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/KBH/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/KBH/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=KBH&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=KBH
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=KBH
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=KBH&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=KBH
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=KBH
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=KBH&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=KBH.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=KBH®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/KBH
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/KBH/dividend-history
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NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/KBH/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=KBH&selected=KBH
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=KBH&selected=KBH
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/KBH/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/KBH/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/KBH/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/KBH/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/KBH/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/KBH/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/KBH/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/KBH/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/KBH/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/KBH/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/KBH/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/KBH/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/KBH/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/KBH/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=KBH&selected=KBH
NASDAQ Financials ~ http://www.nasdaq.com/symbol/KBH/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/KBH/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/KBH/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/KBH/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/KBH/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/KBH/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/KBH/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/KBH/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/KBH.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/KBH/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/KBH/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/KBH/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/KBH/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/KBH/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/KBH/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=KBH
YCharts ~ http://ycharts.com/companies/KBH
YCharts Performance ~ http://ycharts.com/companies/KBH/performance
YCharts Dashboard ~ http://ycharts.com/companies/KBH/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=KBH&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=KBH&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=KBH&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=KBH
Zacks Quote ~ http://www.zacks.com/stock/quote/KBH
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=KBH
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=KBH
Knobias ~ http://knobias.10kwizard.com/files.php?sym=KBH
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=KBH
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/KBH/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=KBH&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=KBH®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=KBH®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=KBH®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=KBH®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=KBH®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=KBH
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=KBH
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=KBH&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=KBH&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=KBH
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=KBH&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=KBH
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=KBH
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=KBH
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=KBH
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=KBH
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=KBH
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=KBH
Investorpoint ~ http://www.investorpoint.com/ enter "KBH" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "KBH" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=KBH
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=KBH
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=KBH
Check those searches for recent KBH mentions. If KBH is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
KB Home’s 2012 First Quarter Earnings Conference Call to Be Webcast Live on kbhome.com
http://ih.advfn.com/p.php?pid=nmona&article=51604253&symbol=KBH
~ Wednesday! $KBH ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $KBH ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=KBH&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=KBH&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=KBH
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=KBH#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=KBH+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=KBH
Finviz: http://finviz.com/quote.ashx?t=KBH
~ BusyStock: http://busystock.com/i.php?s=KBH&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=KBH >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Florida KB Homes now come with solar
http://thesolarnews.com/2012/01/kb-home-introduces-solar-power-as-standard-in-florida/
11:45:00 Fitch: U.S. Housing Recovery May Start To Pick Up by 3Q'11
Fitch: U.S. Housing Recovery May Start To Pick Up by 3Q'11
NEW YORK, Apr 15, 2011 (BUSINESS WIRE) -- Link to Fitch Ratings' Report: U.S.
Homebuilding/Construction: The Chalk Line -- Quarterly Update: Spring 2011
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=612825
(http://www.fitchratings.com/creditdesk/reports/report%5fframe.cfm?rpt%5fid=612825)
Recent U.S. housing statistics have been weak and disappointing thus far as
expected, but the sector may be in for a spot of good news in the coming months,
according to Fitch Ratings in the latest edition of the 'Chalk Line'.
Most public builders will be unprofitable in the first quarter (excluding
non-cash real estate charges) with revenues trailing a year ago. That being said,
there has been a notable uptick in traffic from much of the first quarter. New
home orders have seen some slight seasonal pickup across most regional markets.
What may also work in the sector's favor is the easing of builder order
comparisons, which are challenging during the first four to five months of the
calendar year before beginning to subside. 'If the economy continues its advance
and a moderate number of jobs are added, housing metrics should, for the most
part, rise at a single-digit pace this year,' said Fitch Managing Director and
lead homebuilding analyst Bob Curran.
Nonetheless, the future state of U.S. housing remains highly dependent on the
health of the broader economy. So conversely, 'if the broader economy begins to
retreat from what gains it has made thus far, U.S. housing is in essence right
back where it started about a year ago,' said Curran.
Fitch will provide a brief recap of fourth quarter-2010 (4Q'10) as well as
discuss the outlook for the balance of 2011 during a teleconference to be held on
Monday, April 18, 2011 at 10:00 a.m. ET (separate press release to follow).
The Fitch report, 'U.S. Homebuilding: The Chalk Line - Quarterly Update: Spring
2011' was published April 15, 2011 and includes the following key updates and new
features:
--Homebuilders' quarterly growth trends and margin statistics for the fourth
quarter of 2010, excluding the impact of non-recurring, non-cash real estate
charges, are provided as is information about the calendar fourth quarter and
fiscal year-to-date option write-offs and land value write-downs;
--Liquidity analyses are updated and historical liquidity profiles are presented
for perspective;
-- Recovery ratings are detailed for five single B or lower rated homebuilding
credits;
--Corporate governance profiles are supplied for each of the 13 companies
monitored. ;
--The positive implications of future reversals of deferred tax asset valuation
allowances are discussed;
--The Dodd-Frank issues relating to 'qualified' residential mortgages are
reviewed;
--The Obama administration's housing reform proposals are presented, as are the
proposals and counterproposals regarding servicers and foreclosures;
--Various foreclosure statistics and related data are updated and a summary of
historical foreclosure filings is presented;
--There are also new comments on home pricing, Fannie Mae/Freddie Mac, the FHA,
tightening credit standards, price reductions for home listings and Chinese
drywall;
--Fitch's economic and construction forecasts for 2011 have been updated.
Additional information is available at 'http://www.fitchratings.com'
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS.
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S
PUBLIC WEBSITE 'http://WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND
METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT,
CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER
RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT'
SECTION OF THIS SITE.
SOURCE: Fitch Ratings
Fitch Ratings
Robert P. Curran
Managing Director
+1-212-908-0515
Fitch Inc., 1 State Street Plaza, New York, NY 10004
or
Robert Rulla
Director
+1-312-606-2311
or
Media Relations
Brian Bertsch
+1-212-908-0549
brian.bertsch@fitchratings.com
Copyright Business Wire 2011
pretty poor results ... we'll have to see where this goes... with the employment situation improving and lending starting to loosen up....sure see better days soon. hopefully. imho.
KBH...see it break old 09 high of 21.70. Playing longer calls Oct 13 and $14's. Z
14:59:03 Today KBH SEC Ends Investigation Of Builder KB Home Ends; No Action Taken
16:10:02 KBH PRESS RELEASE: KB Home Declares Second Quarter 2010 Dividend
LOS ANGELES--(BUSINESS WIRE)--April 01, 2010--
The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash
dividend of $.0625 per share on the Company's common stock, payable on May 20,
2010 to stockholders of record on May 6, 2010.
About KB Home
KB Home, one of the nation's premier homebuilders, has delivered over half a
million quality homes for families since its founding in 1957. The Los
Angeles-based company is distinguished by its Built to Order(TM) homebuilding
approach that puts a custom home experience within reach of its customers at an
affordable price. KB Home's award-winning home designs and communities meet the
needs of first-time, move-up and active adult homebuyers. KB Home was named to
FORTUNE(R) magazine's 2010 list of the World's Most Admired Companies for the
sixth consecutive year, and ranked #1 for "Innovation" among homebuilders. The
Company trades under the ticker symbol "KBH" and was the first homebuilder
listed on the New York Stock Exchange. For more information about any of KB
Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com.
Certain matters discussed in this press release, including any statements
that are predictive in nature or concern future market and economic conditions,
business and prospects, our future financial and operational performance, or
our future actions and their expected results are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on current expectations and projections
about future events and are not guarantees of future performance. We do not
have a specific policy or intent of updating or revising forward-looking
statements. Actual events and results may differ materially from those
expressed or forecasted in forward-looking statements due to a number of
factors. The most important risk factors that could cause our actual
performance and future events and actions to differ materially from such
forward-looking statements include, but are not limited to: general economic,
employment and business conditions; adverse market conditions that could result
in additional impairments or abandonment charges and operating losses,
including an oversupply of unsold homes, declining home prices and increased
foreclosure and short sale activity, among other things; conditions in the
capital and credit markets (including consumer mortgage lending standards, the
availability of consumer mortgage financing and mortgage foreclosure rates);
material prices and availability; labor costs and availability; changes in
interest rates; inflation; our debt level; weak or declining consumer
confidence, either generally or specifically with respect to purchasing homes;
competition for home sales from other sellers of new and existing homes,
including sellers of homes obtained through foreclosures or short sales;
weather conditions, significant natural disasters and other environmental
factors; government actions, policies, programs and regulations directed at or
affecting the housing market (including, but not limited to, tax credits, tax
incentives and/or subsidies for home purchases, and programs intended to modify
existing mortgage loans and to prevent mortgage foreclosures), the homebuilding
industry, or construction activities; the availability and cost of land in
desirable areas; legal or regulatory proceedings or claims; the ability and/or
willingness of participants in our unconsolidated joint ventures to fulfill
their obligations; our ability to access capital, including our capacity under
our unsecured revolving credit facility; our ability to use the net deferred
tax assets we have generated; our ability to successfully implement our current
and planned product, geographic and market positioning (including, but not
limited to, our efforts to expand our inventory base with desirable land
positions or interests at reasonable cost), revenue growth and cost reduction
strategies; consumer interest in our new product designs, including The Open
Series(TM); and other events outside of our control. Please see our periodic
reports and other filings with the Securities and Exchange Commission for a
further discussion of these and other risks and uncertainties applicable to our
business.
CONTACT: KB Home
Kelly Masuda, Investor
Contact
310-893-7434
kmasuda@kbhome.com
or
Heather Reeves, Media
Contact
310-231-4142
hreeves-x@kbhome.com
SOURCE: KB Home
Copyright Business Wire 2010
Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/nae/al?rnd=ouVjT0bVrnWdpB6ogFMQvg%3D%3D. You can use
this link on the day this article is published and the following day.
(END) Dow Jones Newswires
04-01-10 1610ET
16:10 040110
KB Home (KBH) reported a $54.7 million quarterly loss as it said its backlog rose for the first time in four years.
08:24:45 Today KBH KB Home 1Q Loss Narrows, Expects Profitability This Year >KBH
DOW JONES NEWSWIRES
KB Home's (KBH) fiscal first-quarter loss narrowed amid lower write-downs and
Chairman and Chief Executive Jeffrey Mezger said the company expects to return
to profitability "in the latter part of this year."
"Encouraging data in recent months suggest that a number of housing markets
may be stabilizing or starting to rebound, though we do not yet see, in many
respects, a sustained nationwide recovery," Mezger said. "While the pace is
likely to be uneven in the months ahead, we currently expect housing market
conditions to follow a generally positive trajectory throughout this year and
into 2011."
But KB's shares fell 4% premarket to $16.75 as the latest results were worse
than analysts expected. As of Monday's close, shares had risen 34% in the past
year, trailing the broader market.
Like many other home builders, KB has struggled, posting repeated losses amid
a sharp drop in demand during the recession. The housing market has shown
recent signs of stabilization as a host of consumers have taken advantage of an
$8,000 first-time homebuyer tax credit.
For the quarter ended Feb. 28, KB Home reported a loss of $54.7 million, or
71 cents a share, narrower than a year-earlier loss of $58.1 million, or 75
cents. The results included of inventory- and land-related write-downs of $13.4
million and $32.3 million, respectively. Revenue dropped 14% to $264 million.
Analysts polled by Thomson Reuters had most recently forecast a loss of 42
cents on $276 million in revenue.
Housing gross margin rose to 13.7% from 4.9%.
Net orders rose 4.7% to 1,913 while the backlog is 6.4% lower at $523
million. The number of homes delivered fell 8.2% in the latest quarter to
1,326, and average selling price dropped 6.2%. The cancellation rate improved
to 22% from a year-earlier 28%.
Ticonderoga Securities last month labeled KB's stock a buy, saying that
while many builders "sat in suspended animation" as the housing market chilled,
KB "has continually been two steps ahead of the industry in both anticipating
and reacting to the solution." The builder got rid of land early in the
downturn and spotted entry-level opportunity ahead of its peers, Ticonderoga
said.
-By Nathan Becker, Dow Jones Newswires; 212-416-2855;
nathan.becker@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/nae/al?rnd=rKThPkh6GjGLYs%2Fgo6ieSg%3D%3D. You can
use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
03-23-10 0824ET
Copyright (c) 2010 Dow Jones & Company, Inc.
08:24 032310
KB Home Announces Change in Board of Directors
KB Home (NYSE: KBH), one of the nation’s premier homebuilders, today announced that Ron Burkle will not be standing for re-election to the company’s Board of Directors at the next Annual Meeting of Stockholders, to be held on April 1, 2010, in order to devote more time to his other business interests. Mr. Burkle, the founder and managing partner of The Yucaipa Companies, served on the Board for more than 15 years.
“It has been a pleasure to serve on KB Home’s Board,” said Mr. Burkle. “This is a well-run company with an excellent business model, and I look forward to following its success in the future.”
“I want to personally thank Ron for his dedicated service and the exceptional contribution he has provided to KB Home over the years,” said Jeffrey Mezger, president and chief executive officer of KB Home. “His extensive business expertise, professionalism and sage advice have been invaluable to the company.”
About KB Home
KB Home, one of the nation's premier homebuilders, has delivered over half a million quality homes for families since its founding in 1957. The Company is distinguished by its Built to Order™ homebuilding approach that puts a custom home experience within reach of its customers at an affordable price. KB Home's award-winning homes and communities meet the needs of first-time homebuyers with flexible designs that also appeal to move-up buyers and active adults. Los Angeles-based KB Home was named the #1 homebuilder on FORTUNE® magazine's 2009 “World’s Most Admired Companies” list. This marks the second year in a row and the third time in the past four years that KB Home has achieved the top ranking. The Company trades under the ticker symbol "KBH" and was the first homebuilder listed on the New York Stock Exchange. For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com.
15:44:00 Today Bank Foreclosures Sale Reports Fewer Foreclosures in January
Bank Foreclosures Sale Reports Fewer Foreclosures in January
MIAMI, March 1, 2010 /PRNewswire via COMTEX/ -- New statistics from Bank
Foreclosures Sale, a leading online provider of foreclosure listings and
information, reveal that foreclosure rates in states across the nation were down
significantly during January. Nationally, the number of foreclosures for sale
fell by 10% from December to January, with a total of 315,710 foreclosure homes
reported. While these figures do indicate that the new year seems to be getting
off on the right foot for buyers and investors, experts point to the fact that
this month's total may be down, but is still 15% higher than it was in January of
2009.
However, there are plenty of positive signs out there, especially when you narrow
in on the statistics for regional markets. For example, the top 6 states for
foreclosure rates, Nevada, Arizona, California, Florida, Texas and Illinois,
accounted for 60% of the national foreclosure property total. However, these
states are not seeing anywhere near the foreclosure growth rates that they have
previously. Texas and California saw their foreclosures drop by roughly 11%,
while Florida experienced a 14.9% decrease in foreclosure homes.
Similarly, Phoenix, AZ was the only metropolitan area in the Top 10 for
foreclosures to see an increase in January, and it was only a 4% gain. Other
cities, such as Orlando, FL; San Bernardino, CA; and Cape Coral, FL all saw
significant decreases.
"These are some of the biggest foreclosure inventories in the nation, so this
should be a signal to buyers," remarked Simon Campbell, a Business Analyst for
Bank Foreclosures Sale. "Less foreclosures means climbing home values, and with
sale prices for foreclosed homes already looking up in many areas, this could be
the beginning of a great year for buyers."
Other areas with notable decreases in foreclosure homes during January were New
Jersey, down 39.3%; North Carolina, which fell 11.3%; Ohio, down 5.5%; and
Alabama, where foreclosures dropped by 28.4%.
Some states did see hikes in foreclosures during January, but interestingly these
are not areas usually associated with high foreclosures. Experts believe that
Nebraska, up 68.4%; Oregon, increasing by 13.5%; and Delaware, rising 78.9%,
could be experiencing the effects of unemployment and the economic recession
rather than the flooded market and inflated mortgages driving high foreclosures
in the Sun Belt states.
To stay informed about the latest foreclosure news and information or to search
foreclosure listings in your area, visit BankForeclosuresSale.com.
*(LOGO 72dpi: Send2Press.com/mediaboom/10-0301-bankfcsale_72dpi.jpg)
This release was issued on behalf of the above organization by Send2Press(R), a
unit of Neotrope(R). http://www.Send2Press.com
SOURCE Bank Foreclosures Sale
Copyright (C) 2010 PR Newswire. All rights reserved
New Home Sales Report Released on 1/27/2010 10:00:00 AM For Dec, 2009
Prior Consensus Consensus Range Actual
New Home Sales - Level - SAAR 355 K 370 K 350 K to 385 K 342 K
Market Consensus Before Announcement
New home sales plunged 11 percent in November to a 355,000 annual rate. And to make matters worse, supply rose to 7.9 months from 7.2 months in October. Prices appear to be leveling as the median price was up 3.8 percent in the latest month to $217,400 for a marginal year-on-year decline of only 1.9 percent. However, the price numbers are affected by shifts in the composition of homes sold-such as the share in the high end versus the share in the low end. The off and on tax credits for homebuyers has created volatility in recent sales numbers and we could see movement in either direction in December. First, the November decline may have been due to front loading of sales ahead of the first deadline for getting the tax credit and there may be a rebound in December. But the December NAHB Housing Market Index fell back slightly, indicating that sales may remain weak.
Definition
New home sales measure the number of newly constructed homes with a committed sale during the month. The level of new home sales indicates housing market trends and, in turn, economic momentum and consumer purchases of furniture and appliances. Why Investors Care
IF MTH can do it then maybe KBH can too...it's all regional...but maybe....17:21:44 Today MTH Meritage Q4 net income $1.35 a share vs $2.58 loss
14:17:31 Today KBH KB Home upgraded at Raymond James; shares rise
BOSTON (MarketWatch) -- KB Home shares were up about 2% in afternoon trading
Tuesday after Raymond James boosted its rating on the home builder to outperform
from market perform. "The primary catalyst behind our action stems from last
week's important FHA announcement, but we also feel a more constructive outlook
is warranted based on valuation and several positive trends that emerged from
recent [fiscal fourth-quarter] results," the analysts said in a note. Policy
changes announced last week by the Federal Housing Administration "will initially
have a minimal impact on the up-front costs and monthly payments associated with
FHA loans," they said. "Thus for the time being, this vital financing lifeline
will remain widely available during the 2010 spring selling season. While
beneficial to all builders, we believe KB Home in particular stands to benefit
the most with its industry-leading mix of first-time buyers and FHA loan
underwriting."
10:15:43 Today KBH KB Home Raised To Outperform From Mkt Perform By Raymond James
Not yet...waiting on Mondays data numbers and there are a couple of other numbers I want to see this week also...it'll move homebuilders up or down depending.... and then maybe not even till Bernacki is either approved or not. We'll see. Z
They like modulars are still around....but not like back in the 50, 60 and 70's...but they may come back more regionally. They have problems in certain areas with home and building codes and those parks aren't allowed in a number of areas. But in the mid west, south west, and south their still allowed and around. My dad has one in New Mexico where he goes to in the winter months. Z
52-Wk Range
7.85 - 20.70
Yikes look at the chart
did you pick up some on the sell off Z?
They've always been around...especially in the midwest, some in the northwest and some in the mid Atlantic states...PA especially. But they might be making a bigger come back if they've got the right kind of modulars. Z
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