KB Home (NYSE:KBH) is one of the largest and recognized homebuilding companies in the US, and was founded in 1957. It reported Q1 earnings on 3/19/2014. Revenues were up 11% year-on-year, net order values up 18%, backlog up 21%, and average selling prices (ASPs) were up 12%. Overall, a very respectable set of numbers given the difficult environment.
On Monday, 5/5/2014, Realogy (NYSE:RLGY) announced poor results that rattled real estate bulls across the country. To give you a quick background, Realogy is a leading player in the US residential brokerage business. It owns Coldwell Banker, Century 21, and other well-known names in the real estate market. In the report, it stated that the number of transactions...
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