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New KB Home Design Studio in Florida - Analyst Blog

KB Home ( KBH ) recently unveiled KB Home Design Studio in Jacksonville, FL. The new KB Home Design Studio will help the home shoppers to customize their homes according to their preferences.

Customers can take their pick from various designs and latest home automation technologies. Buyers can also choose from a host of flooring and lightening options, cabinetry and energy-efficient appliances. KB Home customers will be assisted by trained professionals to help them choose from various options.

Homebuyers will be given the required information along with demonstration of various ENERGY STAR certified appliances like motion-sensing kitchen faucets and recessed LED lighting, which help reduce utility bills considerably. KB Home currently sells new homes at 10 locations in the Jacksonville area. The latest KB Home Design Studio in the area will encourage homebuyers to design their homes as per their preferences.

Earlier this month, another new KB Home Design Studio was launched in the Washington, D.C. metropolitan area. The company currently offers new homes at six locations in the Washington D.C. area.

Owing to its operational business model KBnxt, KB Home always begins construction only after a purchase agreement is executed. Therefore, consumers buying KB homes have the liberty to plan their homes according to their preference.

This leading homebuilding company mainly focuses on high-end locations, which drive community count and order growth. In fact, KB Home has witnessed a rebound in order growth in first-quarter fiscal 2014, after reporting soft order growth for the past few quarters due to a lack of land and lots.

Another homebuilding company, D.R. Horton Inc. ( DHI ) reported solid order growth in the recently released second quarter fiscal 2014 results.

KB Home carries a Zacks Rank #3 (Hold).

Other Stocks to Consider

Investors interested in the homebuilding sector can consider stocks like Gafisa S.A. ( GFA ) and TRI Pointe Homes, Inc. ( TPH ). Gafisa and TRI Pointe Homes hold a Zacks Rank #2 (Buy).

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KB HOME (KBH): Free Stock Analysis Report

TRI POINTE HOME (TPH): Free Stock Analysis Report

D R HORTON INC (DHI): Free Stock Analysis Report

GAFISA SA-ADR (GFA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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