KB Home reported Q2 earnings that beat Wall Street consensus estimates. Earnings came in at $9.6 million, or 10 cents a share, versus analyst estimates of 8 cents per share. Revenues were reported at $623 million versus analyst estimates of $623 million. Backlog was up 39% form the year-ago period at 4,733 and average selling price rose 6% to $338,500. The stock was up over 10% in early trading.
Taylor Morrison reported strong 3Q 2014 earnings. Notably, the company has been pursuing the top-end of the market in Southern California and has been among the most aggressive buyers of
Builder.com releases the Top 100 Homebuilders of the year ranked by total closings and gross revenue.
If you haven’t heard of Landsea yet, sounds like you probably will. One of China’s largest homebuilders proclaims that it will invest more than $1B into the US housing market.
