KB Home News

Shares of home builder Toll Brothers Inc are now trading at a new 52 week high. TOL shares are up nearly 50% over the past six months.

It builds various types of homes including attached and detached single-family homes, townhomes, and condominiums.

Solar panels, added insulation and other energy efficient features are some of the tools builders are employing to attract buyers to Inland Empire communities where many distressed properties continue to surround new homes.

Eddie Lampert, founder of ESL Investments which has $19.5 billion in assets under management, made big cuts to holdings of CIT Group , Seagate Tech , Big Lots Inc.

Wayfair , an online home furnishings retailer, partnered with The Ellen DeGeneres Show and KB Home to give away a new, fully furnished home to a viewer.

This week is all about housing, with Existing-home sales, new-home sales and quarterly results on tap from Toll Brothers.The 3 stocks we recommend looking at are Zillow , D.R. Horton and KB Home .

"You want the front door to be solid, not glass," she says, eyeing the position and color of the door, examining the stairs, checking out the bathroom and inspecting the picture frames.

Homebuilders were on the move higher Tuesday, with the SPDR S&P Homebuilders gaining 0.6%. The misplaced catalyst for the group arrived from the National Association of Homebuilders , which published its Housing Market Index .

Stocks closed lower as the Dow Jones industrial average continues a two-week slide that has shaved off nearly 5% of its value.

New-home sales dropped by 1.6 percent in February according to The Commerce Department.

The firm currently has a $9.00 price target on the stock. Zacks ' analyst wrote, "KB Home reported adjusted net loss per share of $0.51 in the first quarter of fiscal 2012, wider than a loss of $0.47 in the year-ago quarter and the Zacks Consensus Estimate of a loss of $0.23. A decline in net orders and compressed gross margins widened the loss in ... (more)

Milpitas City Councilmembers Armando Gomez and Althea Polanski, who helped rescue the city's previously canceled Fourth of July fireworks show via corporate contributions, say donors have also stepped forward in support of the threatened Milpitas Rainbow Theatre.

Even if the U.S. Housing sector is in dire straits, its time to pay attention to DR Horton , KB Home , and Zillow Inc .

Eli Broad, the billionaire founder of homebuilder KB Home, talks about the outlook for the housing market and economy.