SOURCE: StockCall

StockCall

November 11, 2010 08:16 ET

Analyst Research on KB Home and DR Horton Inc. -- Residential Construction Sector Hurt by Falling Orders

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 11, 2010) - www.stockcall.com/ offers investors comprehensive research on the residential construction industry and has completed analytical research on KB Home (NYSE: KBH) and DR Horton Inc. (NYSE: DHI). Register with us today at www.stockcall.com/ to have free access to these researches.

The Residential Construction Sector is waking up to the harsh reality that the sharp increase in construction spending over the summer was artificial. Spurred by a governmental tax credit, buyers rushed through orders during the summer in order to take advantage of the available money. Since the credit expired, the sector has experienced a decline in orders.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the residential construction industry can have easy and free access to our analyst research and opinions on KB Home and DR Horton Inc.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Construction spending is down 4.7% since September. At the same time, construction costs have increased due to higher commodity prices. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the residential construction industry.

Record low mortgage rates that usually motivate buyers have done little to prop up the struggling sector. The large amount of homes currently on the market due to foreclosure has hurt housing prices and combined with high unemployment levels to hurt the confidence and interest of would-be home buyers. Credit has also been tight for some potential customers. It is not expected that the sector will recover until strength returns to the broader economy. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

KB Home was amongst the first to post its Q3 2010 for the industry with a loss of $0.02 per share on revenue of $501 million. Investors looking for free research on KB Home are welcome to sign up at www.stockcall.com/KBH111110.pdf for our new report. 

Still pending on the earnings calendar is the financial results from DR Horton Inc. which is due to come out tomorrow Friday November 12th. Investors looking for complimentary research on DR Horton Inc. are welcome to sign up at www.stockcall.com/DHI111110.pdf for our new report. 

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