KB Home constructs and sells homes in the United States. The company builds various types of homes, including attached and detached single-family homes, townhomes, and condominiums, designed primarily for first-time, first move-up adult buyers. It also offers mortgage services in a joint venture with Countrywide KB Home Loans. KB Home sells homes under various purchase contracts in Arizona, California, Colorado, Florida, Georgia, Illinois, Maryland, Nevada, New Mexico, North Carolina, South Carolina, Texas, and Virginia. As of November 30, 2007, it delivered 23,743 homes. The company was founded in 1957 and is headquartered in Los Angeles, California.
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