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Homebuilder with domestic operations in the following regions: West Coast, Southwest, Central and Southeast. Also provides mortgage banking services to the majority of its domestic homebuyers through its wholly-owned subsidiary, KB Home Mortgage Company.
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hybridinvestor (91.47) Submitted: 12/11/06 8:43 AM : Start Price: $48.16 KBH Score: 39.11
Folks are still way too optimistic about the home builders. Prices are not accounting for risks to the downside from here and as much as the cheerleading HB CEOs throw out that they are seeing a bottom, most data continues to show weakness and in some cases still accelerating weakness.
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