▶youtube BusinessReal Estate first seen 8 d ago, last 14 h ago, peak #1
KB Home CEO Warns of Major Housing Market Reset
Original: KB Home CEO warns of MAJOR reset. (prices already down 30%)
The head of homebuilder KB Home is warning of a major reset in the housing market, saying prices have already fallen 30% in some areas. The comments add to growing concerns that US home prices could keep dropping as high mortgage rates and weakening demand put pressure on builders and sellers alike.
Why now: Housing market fears are resurfacing as a major homebuilder's chief executive signals steep price declines.
Evidence
- KB Home CEO warns of MAJOR reset. (prices already down 30%) · Reventure Consulting · 328.9K
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