KB Home Unveils Community in MD

Zacks

Leading U.S. homebuilding company KB Home (KBH) recently unveiled a new community of single family homes called Stonewall. Located in Waldorf, MD, the new community is KBH’s latest addition to its portfolio in the Washington D.C. area. These homes are priced from the mid-$300,000s upwards.

The residents of Stonewall can choose from two-story floor plans. The homes can accommodate up to five bedrooms and three and a half baths, large gourmet kitchens with an island, basements and laundry rooms.

The residents will enjoy easy access to downtown Washington D.C., the Andrews Air Force Base and Patuxent River Naval Air Station. They can engage in activities like biking, hiking and horse riding at the Cedarville State Forest.

All the homes will offer energy efficient features and Wiser home management systems, which will help residents save on their utility bills. The homes will also incorporate water saving features, which help to conserve natural resources.

This 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) also 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 also consider stocks like William Lyon Homes (WLH) and Toll Brothers Inc. (TOL). While William Lyon sports a Zacks Rank #1 (Strong Buy), Toll Brothers carries a Zacks Rank #2 (Buy).

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