A leading U.S. homebuilding company, KB Home (KBH), recently announced new homes on sale in a community called Windfield in Converse, TX.
Windfield community will accommodate 115 single families in the community. The new homes will be based on KB Home’s renowned Sterling collection, where the buyers are given the option to choose from thirteen one- and two- storied floor plans. The homes on offer flaunt up to six bedrooms along with three-and-a-half baths and two-car garages.
The houses will also comprise open kitchens, flexible loft spaces, and spacious master bedrooms. Also, the residents will enjoy easy access to Fort Sam Houston, Randolph Air Force Base and Brooke Army Medical Center, reputed schools and employment areas.
Owing to its operational business model KBnxt, KB Home begins construction only after a purchase agreement is executed. Therefore, buyers have the liberty to plan their homes according to their preferences. They also have the option to choose from various floor plans, lot locations, decors, technology and other components.
The residences will offer Energy Star certified appliances which will help save on utility bills. Further, the homes will incorporate energy saving technology, which includes thermostat, high performance windows and insulation, and radiant barrier roofing.
KB Home already enjoys a strong presence in San Antonio, Texas and sells homes across 25 communities in the area.
The introduction of the new community is in line with the company’s strategy of increasing community count by 15% in fiscal 2014.
KB Home presently carries a Zacks Rank #3 (Hold).
Other Stock to Consider
Better-ranked stocks in the building and related sector include Hovnanian Enterprises Inc. (HOV), Fastenal Co. (FAST) and The Home Depot, Inc. (HD), each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment