KB Home (KBH) Earnings Presage ‘Dud’ Spring Selling Season, Affordability Crunch

Alex Barron and Tsvetta Kaleynska break down KB Home (KBH) earnings and the real estate sector. Tsvetta, who focuses on social media sentiment, notes that housing conversations online are “extremely negative” around affordability with a lot of buyers “walking away.” She adds, “The monthly math [does] not make sense for Americans to own anymore.” Alex says the spring selling season is turning out to be a “dud” as the Iran conflict has impacted rates and consumer psychology. He notes that profit margins are going to be under pressure.

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