HOBBorg

Homebuilder Trends: Another Private Builder Fails [Housing Tracker]

KB Home's Toughest Market Competition May be Its Owner
This is really remarkable! Let me see if I have this right, KB is in using this very odd promotional spin to compete with the “highly competitive foreclosure marketplace.”

A foreclosure market that most likely is glutted with the very same KB cookie cuter models, cheap!

If the housing and financial market collapse wasn’t such a far-reaching disaster I might fall off my chair in laugher reading this article. If I understand this unique advertising angle it sounds like KB Home is desperate to effectively compete with this giant competitor (85 percent of the market); the very same predatory lending foreclosure scam it was highly instrumental in creating.

My… my…KB’s creation is now its strongest competition?