Is KB Home (KBH) a More Profitable Housing Pick Than MDC?
KBHKB Home(KBH) Zacks Investment Research·2024-01-17 03:18

Despite challenges related to high interest rates, elevated mortgage rates and affordability issues faced by the Zacks Building Products - Home Builders industry, major industry players surged recently. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters. The Federal Reserve's decision to maintain interest rates at a 22-year high of 5.25-5.5% brings optimism to the housing market. This stab ...