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KB Home Announces the Grand Opening of Its Newest Community in Kissimmee, Florida

1. KB Home opens Hilliard Ridge community in Kissimmee, priced from low $400,000s. 2. Homes feature modern designs and energy-efficient options, enhancing buyer appeal. 3. Community near major employers and outdoor recreation sites boosts location attractiveness. 4. KB Home emphasizes personalized customer experience, enhancing homebuyer satisfaction. 5. Future amenities include sports facilities, promoting family-friendly environment.

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Why Bullish?

The opening of a new community indicates strong demand in the housing sector. KB Home's focus on personal relationships and energy efficiency may drive sales.

How important is it?

The news reflects active business expansion and strong market position, likely enhancing investor confidence. KB Home's commitment to customer satisfaction may lead to increased sales.

Why Short Term?

The community opening can lead to immediate sales, positively affecting short-term revenue. Historical trends show similar new developments increasing stock prices in the short run.

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-Hilliard Ridge offers personalized, new homes in a desirable location near outdoor recreation and major employers, priced from the low $400,000s. ORLANDO, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Hilliard Ridge, a new-home community in Kissimmee. These 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 front porches. The community’s one- and two-story floor plans feature up to six bedrooms and four baths. Future community amenities include a basketball court and sports fields. 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. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community. 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 Central Florida homebuyers new one- and two-story homes in a convenient location near major employers like Lake Nona Medical City and Orlando International Airport,” said Fred Wyborski, President of KB Home’s Orlando division. “Families will also appreciate Hilliard Ridge’s proximity to a variety of outdoor recreation, including Lakefront Park and highly rated golf courses. 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. Hilliard Ridge is in a convenient location that offers homebuyers an exceptional lifestyle. The new community is situated off Simpson Road, which provides easy access to US-192, US-441 and Florida’s Turnpike for a quick commute to Lake Nona and Orlando International Airport. Residents will also enjoy Hilliard Ridge’s proximity to a variety of outdoor recreation, including Lakefront Park, which features a beach and splash pad, Nona Adventure Park and highly rated golf courses like Kissimmee Bay Country Club and Remington Golf Club. The community is also convenient to a variety of shopping and dining options in Lake Nona and along US-441. The Hilliard Ridge 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 low $400,000s. 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 nearly 700,000 quality homes in our more than 65-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. More News From KB Home

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