KB Home Starting on the Edge for 2012

By
Services for Real Estate Pros with Property Services & Short Sale TC

Many companies in 2011 have gone through downsizing by closing locations such as Borders with 620+, Blockbusters with 400+, GameStop with 200+, and GAP with 180+. 

KB Home is a California based home builder has been on a downward fall since the housing market has gone south in late 2006.  With the loss of over $2 billion and expected more, KB has cut their costs in every way possible and has still ended the year with a 46 stock decline.

Their approach like many home builders are targeting home buyers in the upper-middle class income or higher, while reducing the home size and adding amenities that aid in bringing down the monthly costs to maintain a home.  These are the few and only things that can be done from any home builder during this market.

Comments (2)

JOSH EVANS *JoshEvansHomes 516-655-5000
Village Properties of Mineola, LLC - Mineola, NY

Great blog and great job good luck ypto you and hope you sell a lot of homes

Jan 14, 2012 04:04 PM
John Kim
Property Services & Short Sale TC - Irvine, CA

REPLY to Josh - Thank you Josh and I hope the same for you.

Jan 21, 2012 04:24 PM