KB Home results
I have been brooding on and on the state of U.S. housing market. We saw stellar performances during year 2005, but estimations for year 2006 have been slightly less enthusiastic. We haven’t gotten to far into year 2006 and already some alarming sings are sprouting up. KB Home informs us that their orders are down and cancellations are up. This is tough situation for any company. It is not as bad as is sound though, because KB Home has massive backlog of orders that will carry it thorough most part of the year, but it remains to be seen what happens on the second half of the year.
