“We produced solid results in our 2024 second quarter, with our key metrics above the high end of our guidance ranges,” said Jeffrey Mezger, Chairman and Chief Executive Officer. “Buyers remained resilient in their desire for homeownership despite the volatility in mortgage interest rates. Our ...
“We produced solid results in our 2024 second quarter, with our key metrics above the high end of our guidance ranges,” saidJeffrey Mezger, Chairman and Chief Executive Officer. “Buyers remained resilient in their desire for homeownership despite the volatility in mortgage interest rates. Our p...
KB Homeis one of the largest and most trusted homebuilders inthe United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What se...
and delays related to state and municipal construction, permitting, inspection and utility processes, which have been disrupted by key equipment shortages; consumer and producer price inflation; changes in interest rates, including those set by the Federal Reserve, which the Federal Reserve has increase...
Broker & Financial Institution Loans Broker & Financial Institution Loans - - - - - Unspecified/Other Loans Unspecified/Other Loans 23.42T 20.26T 18.76T - 16.32T Unearned Income Unearned Income - - - - - Loan Loss Allowances (Reserves) Loan Loss Allowances (Reserves) (1.71T) (4.7T)...
lock the rates, which when rates are sliding, they don’t like to do and as soon as the rates are going up, they will lock. And the lock program we have covers the time to build the home. So if they think rates are going up and they want to come in and lock we accommodate ...
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changes in interest rates; our debt level, including our ratio of debt to capital, and our ability to adjust our debt level and maturity schedule; our compliance with the terms of our revolving credit facility; volatility in the market price of our common stock; weak or declining consumer con...
As a result of high interest rates and a national recession--and the concomitant soft new home sales in 1974--the company experienced its first full year net loss. Despite the loss, Kaufman and Broad maintained its new market growth and customer service efforts strategy to assure long-term ...
the execution of any securities repurchases pursuant to our board of directors’ authorization; material and trade costs and availability, particularly lumber; consumer and producer price inflation; changes in interest rates; our debt level, including our ratio of debt to capital, and our ability to...