KB HOME ANNOUNCES A RARE OPPORTUNITY TO OWN A NEW HOME IN HIGHLY DESIRABLE FREMONT, CALIFORNIA

Rhea-AI Summary

KB Home (NYSE: KBH) opened Veranda, a new townhome community in Fremont, California, with pricing beginning from the low $1 million. Veranda offers three-story plans up to four bedrooms plus ADU options, walking distance to schools and parks and commuter access to I-880, I-680 and BART.

The homes emphasize modern design, ENERGY STAR certification (fewer than 12% of new homes nationwide meet this standard), energy and water efficiency, and in-person or live video tours at the sales office.

Positive

• Pricing begins from low $1 million
• ENERGY STAR certified homes; fewer than 12% of new homes meet this standard

Negative

• None.

News Market Reaction

+0.59%

1 alert

+0.59% News Effect

On the day this news was published, KBH gained 0.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Veranda starting price: from low $1 million Bedrooms (max): up to 4 bedrooms Baths (max): 3.5 baths +2 more

5 metrics

Veranda starting price from low $1 million Fremont Veranda townhomes pricing

Bedrooms (max) up to 4 bedrooms Veranda three-story floor plans

Baths (max) 3.5 baths Veranda three-story floor plans

ENERGY STAR coverage fewer than 12% of new homes nationwide Benchmark for ENERGY STAR® certification nationally

Stories three-story townhomes Veranda community design

Market Reality Check

Price: $65.80 Vol: Volume 1,416,265 vs 20-da...

normal vol

$65.80 Last Close

Volume Volume 1,416,265 vs 20-day average 1,253,302 (relative volume 1.13x). normal

Technical Price $61.25 is trading above 200-day MA at $58.86, pre-existing upward trend.

Peers on Argus

While KBH gained 3.1%, several peers also rose (e.g., CVCO +3.71%, SKY +3.9%, MT...

While KBH gained 3.1%, several peers also rose (e.g., CVCO +3.71%, SKY +3.9%, MTH +2.24%), but no peers appeared in the momentum scanner and no same-day peer headlines were flagged.

Historical Context

5 past events · Latest: Jan 30 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 30	Reputation recognition	Positive	-0.4%	Named to Fortune’s 2026 World’s Most Admired Companies list.
Jan 30	Community opening	Positive	-0.4%	Grand opening of Landings and Reserves at Aven in southwest Las Vegas.
Jan 30	Community opening	Positive	-0.4%	Launch of Point Martin townhome community in Daly City, California.
Jan 28	Leadership change	Positive	-0.3%	Announcement of Robert McGibney as incoming CEO and Executive Chairman role for Mezger.
Jan 23	Community opening	Positive	-0.9%	Opening of Mirador Ridge Skies, third community in Mirador Point master plan.

Pattern Detected

Recent generally positive corporate and community-opening news has been followed by small negative price reactions, suggesting a pattern of modest downside after upbeat announcements.

Recent Company History

Over the past few weeks, KB Home has reported multiple positive developments, including community openings in Tucson, Daly City and southwest Las Vegas, leadership recognition on Jan 30, and a CEO transition announced on Jan 28. Despite constructive themes—expansion of ENERGY STAR®-focused communities and strong corporate reputation—24-hour price reactions to these items ranged from about -0.29% to -0.9%, indicating a tendency toward mild downside after favorable news. Today’s Fremont community launch fits this expansion narrative.

Market Pulse Summary

This announcement highlights KB Home’s strategy of expanding within desirable, transit-accessible ma...

Analysis

This announcement highlights KB Home’s strategy of expanding within desirable, transit-accessible markets through communities like Veranda in Fremont, with three-story townhomes, up to four bedrooms, and ENERGY STAR®-focused designs that fewer than 12% of new homes nationwide meet. In recent months, the company has steadily opened communities in multiple regions while maintaining a pre-existing uptrend above its $58.86 200-day moving average. Observers may watch future openings and regional demand indicators for additional context.

Key Terms

accessory dwelling unit, energy star

2 terms

accessory dwelling unit technical

"including a plan that features a separate Accessory Dwelling Unit (ADU)"

An accessory dwelling unit (ADU) is a smaller, self-contained living space on the same lot as a main house — for example a converted garage, basement apartment, or a tiny house in the backyard. For investors and property owners, ADUs can add steady rental income and increase overall property value, but their financial payoff depends on local zoning rules, permitting and construction costs, so they’re like adding a rentable room that must follow neighborhood rules.

energy star technical

"designed to be ENERGY STAR® certified — a standard that fewer than 12%"

A government-backed label that indicates a product, appliance or building meets set energy-efficiency standards. For investors, an ENERGY STAR rating signals lower ongoing utility and maintenance costs, stronger appeal to cost- and eco-conscious buyers or tenants, and possible access to incentives or reduced regulatory risk—think of it like a fuel-efficiency sticker that helps compare long-term operating costs and market desirability.

AI-generated analysis. Not financial advice.

Veranda offers personalized, new, townhomes walking distance to local schools and parks, priced from low $1M.

FREMONT, Calif., Feb. 5, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Veranda, which provides a rare opportunity to own a new townhome in a sought-after Fremont location. Nestled in the heart of the Bay Area, Fremont is a desirable city with family friendly activities, modern retail and a diverse culinary scene. The new townhomes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. Veranda offers three-story floor plans with up to four bedrooms and three-and-a-half baths, including a plan that features a separate Accessory Dwelling Unit (ADU) ideal for multigenerational families. Homeowners will appreciate the community's convenient location, which is walking distance to local schools and parks.

What sets KB Home apart is the company's focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.

"We are pleased to offer Bay Area homebuyers spacious, new, three-story, townhomes in a prime Fremont location. Veranda is minutes to popular shopping, dining and entertainment and walking distance to schools and parks, including Dusterberry Park," said Oren Hershkovich, Regional General Manager of KB Home Northern California. "The new neighborhood is situated in the heart of the Bay Area and convenient to downtown San Francisco, Palo Alto and San Jose. At KB Home, we're here to help you achieve your dream with a personalized new home built uniquely for you and your life."

Innovative design plays an essential role in every home KB builds. The company's floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR^® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification.

Veranda is in a commuter-friendly location that offers homebuyers an exceptional lifestyle. The new community is situated at the corner of Fremont Boulevard and Peralta Boulevard, providing easy access to Interstate 880, Interstate 680, Bay Area Rapid Transit (BART), Caltrain^®, ACE Rail^®, Bay Area airports and medical centers as well as major employers in San Francisco and Silicon Valley. Veranda is minutes to shopping, dining and entertainment at Fremont Downtown Event Center & Plaza, Fremont Hub, Pacific Commons Shopping Center and Whole Foods Market. Outdoor enthusiasts will appreciate the proximity to Central Park, Mission Peak Regional Preserve, Coyote Hills Regional Park and Alameda Creek Regional Trail.

The Veranda sales office and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from low $1 million.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR^® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

For Further Information:

Craig LeMessurier, KB Home 925-580-1583 clemessurier@kbhome.com

 

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SOURCE KB Home

FAQ

Where is KBH's Veranda community located in Fremont and how convenient is commuting?

Veranda is at Fremont Boulevard and Peralta Boulevard, minutes from downtown and major transit. According to the company, it offers easy access to I-880, I-680, BART, Caltrain and regional airports, supporting commuters to San Francisco and Silicon Valley.

What are the starting prices for KB Home (KBH) Veranda townhomes in Fremont?

Pricing for Veranda townhomes starts from the low $1 million. According to the company, that base price reflects three-story plans with up to four bedrooms and options such as accessory dwelling units and design studio selections.

Do KBH Veranda homes include energy-efficient features or certifications?

Yes. Veranda homes are designed for energy and water efficiency and are ENERGY STAR certified. According to the company, fewer than 12% of new homes nationwide meet that standard, which can deliver comfort and utility cost savings for buyers.

How can buyers tour KB Home's Veranda community (KBH) and what options are available?

Buyers can visit model homes in person or schedule private tours and live video tours. According to the company, the sales office is open for walk-ins and appointments, and sales counselors can arrange virtual live video tours on request.