KB HOME ANNOUNCES THE GRAND OPENING OF ITS NEWEST COMMUNITY WITHIN THE HIGHLY DESIRABLE SWEETGRASS VILLAGE MASTER PLAN IN CROSBY, TEXAS
KB Home (NYSE: KBH) announced the grand opening of its new Sweetgrass Village community in Crosby, Texas, with one- and two-story homes priced from the mid $200,000s.
Rhea-AI Summary
KB Home (NYSE: KBH) announced the grand opening of its new Sweetgrass Village community in Crosby, Texas, with one- and two-story homes priced from the mid $200,000s.
Homes offer up to five bedrooms, modern kitchens, lofts, ENERGY STAR design, and planned amenities including walking paths, pickleball courts, a playground, pool and splash pad.
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Details
News Market Reaction – KBH
On Feb 20, the day this news came out, KBH closed 0.76% above the previous close.
Data tracked by StockTitan Argus for the Feb 20 session.
Key Figures
- Sweetgrass pricing
- from the mid $200,000s
- Starting home prices at Sweetgrass Village community
- Maximum bedrooms
- up to five bedrooms
- Sweetgrass Village one- and two-story floor plans
- Maximum baths
- three-and-a-half baths
- Sweetgrass Village floor plan configuration
- ENERGY STAR penetration
- fewer than 12% of new homes
- Share of U.S. new homes meeting ENERGY STAR® standard
- Current share price
- $64.81
- Pre-news close for KBH
- Daily price move
- -1.5%
- KBH price change over the prior 24 hours
- 52-week high
- $68.71
- KBH 52-week high before this news
- 200-day moving average
- $59.37
- KBH 200-day simple moving average
Historical Context
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Opened Bella Sol in Riverside with mid $600,000s pricing and onsite amenities.
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Opened Maplewood in St. Augustine with ENERGY STAR homes and mid $300,000s pricing.
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Opened Quarry Row in Rocklin starting from low $500,000s; stock slipped afterward.
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Launched Veranda in Fremont with low $1 million pricing and ADU options.
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Opened 87th Townhomes in Marysville with $570,000s pricing and park amenities.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community. 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 excited to introduce
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
The
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
For Further Information:
Cara Kane, KB Home
321-299-6844
ckane@kbhome.com
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SOURCE KB Home
FAQ
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