KB Home Purchases Land and D.R. Horton, Inc., America's Builder, Second Quarter Earnings Conference Call.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-10 April 2006-US Financial Network: KB Home Purchases Land and D.R. Horton, Inc., America's Builder, Second Quarter Earnings Conference Call(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:10042006 City of Industry, CA - Construction industry news provided by Financial News USA (OTC: FNWU) National homebuilder KB Home has purchased 17 acres from the Menaul School near downtown Albuquerque.

The property, which is adjacent to the private school, will be developed into condominiums. KB Home (NYSE: KBH) will be building several three- and six-plex condominiums meant, in part, to provide quality homes to "first-time and move-up" homebuyers, says the company's news release. Pulte Homes, Inc. (NYSE:PHM) remains the top-ranked U.S. homebuilder on the...

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