CEO of Los Angeles-based home builder says rebuilding will take a long time - MarketWatch

1. KB Home CEO notes home rebuilding post-wildfires will take time. 2. 60% of Q4 net orders involved mortgage concessions, consistent with prior quarters. 3. Q4 profits up 27% to $190.6 million, revenue rose 19% to $2 billion. 4. Net orders and values increased by 41% in Q4. 5. Guidance for 2025 revenue up to $7.5 billion, average selling prices rising.