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KB HOME ANNOUNCES THE GRAND OPENING OF ITS NEWEST COMMUNITY WITHIN THE HIGHLY DESIRABLE CROSSWINDS MASTER PLAN IN MORGAN HILL, CALIFORNIA

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KB Home (NYSE: KBH) announced the grand opening of Haven at Crosswinds in Morgan Hill, California, on January 23, 2026. The community offers three-story townhomes with up to three bedrooms and 3.5 baths, some with a first-floor suite, priced from the mid $800,000s. Planned on-site amenities include a pool, park, children’s playground and clubhouse. Homes are ENERGY STAR certified designs emphasizing energy and water efficiency, modern kitchens, large great rooms and walk-in closets. The sales office and model homes are open for walk-ins, appointments and live video tours.

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News Market Reaction

-2.20%
1 alert
-2.20% News Effect

On the day this news was published, KBH declined 2.20%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Haven pricing: mid $800,000s Bedrooms: up to three bedrooms Bathrooms: up to three-and-a-half baths +1 more
4 metrics
Haven pricing mid $800,000s Haven at Crosswinds townhomes starting price range
Bedrooms up to three bedrooms Haven at Crosswinds three-story townhome layouts
Bathrooms up to three-and-a-half baths Haven at Crosswinds townhome floor plans
Energy standard penetration fewer than 12% of new homes Share of new U.S. homes meeting ENERGY STAR® certification

Market Reality Check

Price: $61.61 Vol: Volume 1,042,778 is below...
normal vol
$61.61 Last Close
Volume Volume 1,042,778 is below the 20-day average of 1,218,969 (relative volume 0.86) ahead of this positive community-opening news. normal
Technical KBH trades above its 200-day MA, with price at 60.37 versus a 200-day MA of 58.56, while sitting 14.33% below its 52-week high of 70.47 and 23.46% above its 52-week low of 48.9.

Peers on Argus

KBH fell 2.08%, while peers CVCO (-1.74%), MHO (-2.46%), SKY (-2.62%), MTH (-2.8...

KBH fell 2.08%, while peers CVCO (-1.74%), MHO (-2.46%), SKY (-2.62%), MTH (-2.82%) and TMHC (-2.22%) also declined, indicating a broader Residential Construction pullback rather than a KBH-specific move.

Historical Context

5 past events · Latest: Jan 09 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 09 Community opening Positive +6.9% Launch of Somerset community in Victorville with mid $400,000s pricing.
Jan 09 Community openings Positive +6.9% Grand opening of Meridian and Solstice at Compass Pointe in Ontario.
Dec 18 Earnings release Neutral -0.3% Reported Q4 2025 results with $1.69B revenue and EPS metrics.
Dec 12 Community openings Positive -0.8% Opened Preserve and Retreat at Crosswinds in Morgan Hill with new homes.
Dec 11 ESG recognition Positive +0.9% Named to Newsweek’s 2026 list of America’s Most Responsible Companies.
Pattern Detected

KBH’s community-opening and recognition headlines have often coincided with modestly positive price reactions, though not consistently; one prior Crosswinds Morgan Hill launch saw a small decline despite positive operational news.

Recent Company History

Over the past few months, KB Home has mixed strategic community expansions with solid financial disclosures and ESG recognition. On Dec 11, 2025, it was named to Newsweek’s 2026 America’s Most Responsible Companies list. This was followed by Crosswinds openings in Morgan Hill on Dec 12 and multiple new California communities on Jan 9, 2026, which saw price moves around +6.94%. The Dec 18, 2025 Q4/FY 2025 results detailed $1.69 billion in quarterly revenue and $6.24 billion for the year, underscoring scale as KBH continues to add new communities like Haven at Crosswinds.

Market Pulse Summary

This announcement highlights KB Home’s continued expansion within the Crosswinds master plan, offeri...
Analysis

This announcement highlights KB Home’s continued expansion within the Crosswinds master plan, offering townhomes priced from the mid $800,000s and emphasizing ENERGY STAR®-designed, health-oriented features. Recent history shows multiple California community launches and solid FY 2025 revenues of $6.24 billion, supporting a growth-focused narrative. Investors may watch absorption rates, pricing relative to prior Crosswinds offerings, and future updates on community amenities and sales velocity to assess ongoing execution.

Key Terms

energy star® certified
1 terms
energy star® certified technical
"They are also designed to be ENERGY STAR® certified — a standard that fewer than 12%"
A government-backed label indicating a product, building, or system meets independent standards for superior energy efficiency. Think of it like a fuel-efficiency rating for appliances or buildings: it signals lower ongoing energy costs, reduced environmental impact, and often stronger consumer demand. For investors, Energy Star certified assets can mean lower operating expenses, higher resale or rental appeal, and reduced regulatory or reputational risk—factors that can improve returns.

AI-generated analysis. Not financial advice.

Haven at Crosswinds offers personalized, new townhomes with planned community amenities and walking distance to local schools and parks, priced from the mid $800,000s.

MORGAN HILL, Calif., Jan. 23, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Haven, a community within the highly desirable Crosswinds master plan in Morgan Hill, California. Nestled between the Santa Cruz Mountains and Silicon Valley, Morgan Hill blends small-town charm and scenic views with a welcoming downtown district where residents can enjoy an array of elegant boutiques, acclaimed wineries and top-rated restaurants. The new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The three-story townhomes offer up to three bedrooms and three-and-a-half baths, with some floor plans featuring a first-floor suite. Homeowners will appreciate the proximity to local schools and parks as well as the planned community amenities, which include a pool, park, children's playground and clubhouse with a lounge and barbecue area.

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 townhomes within the sought-after Crosswinds master plan in the charming city of Morgan Hill, which blends small-town charm and scenic views with a welcoming downtown district. Haven at Crosswinds features a variety of planned on-site amenities, including a pool, park, children's playground and clubhouse with a lounge and barbecue area," said Oren Hershkovich, Regional General Manager of KB Home Northern California. "The new neighborhood is walking distance to parks and local schools and minutes to downtown Morgan Hill. 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.

Haven at Crosswinds is in an ideal location that offers homebuyers an exceptional lifestyle. The community is situated at the corner of Mission View Drive and Half Road just off U.S. Highway 101, providing access to Morgan Hill Caltrain® station, San Jose Mineta International Airport and Silicon Valley's major employers, including Google, Apple, Adobe, NVIDIA, Intel®, Meta and Cisco Systems®, as well as the greater Bay Area through Interstates 280, 680 and 880. Crosswinds is just minutes to shopping, dining and entertainment in downtown Morgan Hill and a short drive to the Santa Clara Wine Trail and San Jose, which features a vibrant downtown scene. Outdoor enthusiasts will appreciate the proximity to year-round recreation at Henry W. Coe State Park, Coyote Lake – Harvey Bear Ranch County Park, Anderson Lake County Park and Morgan Hill Aquatics Center.

The Haven at Crosswinds 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 the mid $800,000s.

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kb-home-announces-the-grand-opening-of-its-newest-community-within-the-highly-desirable-crosswinds-master-plan-in-morgan-hill-california-302668714.html

SOURCE KB Home

FAQ

What is KB Home (KBH) announcing for January 23, 2026 in Morgan Hill?

KB Home opened Haven at Crosswinds, a new townhome community in Morgan Hill priced from the mid $800,000s.

What home sizes and floor plans are available at Haven at Crosswinds (KBH)?

Three-story townhomes with up to three bedrooms and three-and-a-half baths, with some plans offering a first-floor suite.

What on-site amenities does Haven at Crosswinds (KBH) offer homebuyers?

Planned amenities include a pool, park, children’s playground and a clubhouse with lounge and barbecue area.

Are Haven at Crosswinds homes energy efficient and certified?

Homes are designed for energy and water efficiency and are stated to be ENERGY STAR certified.

How can prospective buyers tour KB Home (KBH) model homes at Haven at Crosswinds?

The sales office and model homes are open for walk-in visits, private in-person tours by appointment, or live video tours with a sales counselor.

How convenient is Haven at Crosswinds (KBH) for commuting to Silicon Valley employers?

The community is near U.S. Highway 101 and provides access to Morgan Hill Caltrain and major Bay Area employers, listed as within driving distance.
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