One of the leading home building companies in the United
) unveiled a new community of homes called Stapleton Conservatory
Green. Homebuyers caught a glimpse of the model homes in this
beautiful community at the grand opening celebration held on Apr
6, 2013. The new community is the fifth community in the
Stapleton master plan, which was initiated in 2002.
Stapleton homes accommodate up to 3 bedrooms, 2½ baths, optional
basement and a 2-car garage. Owing to its operational business
model KBnxt, KB Home always begins construction only after a
purchase agreement is executed. Therefore, consumers buying KB
homes get the liberty to plan their homes according to their
Homeowners at the Stapleton Conservatory Green will be able to
choose from six two-story floor plans, several interior features
and cabinetry, flooring, and light fixtures. In addition, these
homes have ENERGY STAR certified appliances and WaterSense
labeled fixtures, which will significantly cut down energy and
water utility bills.
The rising demand for new homes has led to a favorable
situation in the housing market, where inventory levels are
dropping and prices are moving up. Most homebuilding companies
are constructing increased number of new homes in order to
maintain the required level of inventory to meet growing
KB Home intends to open more than 120 communities in 2013,
with more communities scheduled to come up in the latter half of
the year. Community count is expected to increase by at least 15%
to 20% by the end of next year. The company expects profitability
for fiscal 2013.
D R HORTON INC (DHI): Free Stock Analysis
KB HOME (KBH): Free Stock Analysis Report
MDC HLDGS (MDC): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
To read this article on Zacks.com click here.
KB Home carries a Zacks Rank #2 (Buy).
Other stocks in the homebuilding sector that are performing well
and deserve a mention include
MDC Holdings Inc.
Ryland Group Inc.
), both carrying a Zacks Rank #1 (Strong Buy) and
D. R. Horton Inc.
) carrying a Zacks Rank #2 (Buy).