KB Home (KBH)

Add a New Bears Reason Company: KB Home (KBH) Current price: Headline: (100 character max) Analysis: Cancel 66% agree 15 votes   Mortgage crisis will prevent homebuilder recovery. Top Contributor: Tim Plaehn | Created when NYSE:KBH was $24.27 | Edit | History The subprime mortgage crisis will have a long term effect on new home building. Prior to the mortgage meltdown, a significant portion of new home buyers were of subprime credit. It will be quite a while before these types of buyers can qualify for a mortgage, putting a big dent in homebuilder's future sales prospects. (100 character max) Cancel 25% agree 4 votes   KB Home Reports deep loss Top Contributor: Jack Bass | Created when NYSE:KBH was $18.13 | Edit | History There is no "bottom " yet in housing. AVOID investing on the hopes of a turn in the housing and mortgage crisis. KB Home, the No. 5 U.S. home builder, posted a deeper quarterly loss Friday , June 27th on tumbling revenue as the United States faced its deepest housing slump in months. KB reported a net loss of $255.9-million (U.S.), or $3.30 per share, in its second quarter, compared with a loss of $148.7-million, or $1.93 per share, last year (100 character max) Cancel

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