Story Stock: KB Homes (KBH) #2 [7]

14:52 ET, 22 Sep 2005

73.07 +2.35: Bubble, no bubble? Increasing concern about a slowdown in the soaring housing market has weighed on the homebuilding group for the past several months - even as homebuilders continue to report solid growth. Anxiety over rising mortgage rates and surging energy costs have led to somewhat somber expectations for what has been one of Wall Street's best performing sectors during the past few years. Furthermore, waning consumer confidence -exacerbated by the impact and aftermath of Hurricane Katrina - have helped share prices retreat from their July highs. Read More...