KB Home, in partnership with the U.S. Environmental Protection Agency's WaterSense program, will be the first national homebuilder to construct homes to meet the WaterSense specification. According to the EPA, WaterSense labeled new homes use 20% less water than conventional new homes and save homeowners more than 10,000 gallons of water per year. A new WaterSense labeled home built by KB Home will also allow homeowners to significantly reduce their water and energy consumption, resulting in lower monthly utility bills. KB Home currently includes WaterSense lavatory faucets as a standard feature in all its new homes. With its new commitment to the WaterSense program, the homebuilder will incorporate additional water-efficient products and features inside and outside its homes at select communities that meet the full WaterSense guidelines-all at no additional cost to the homebuyer. To meet the criteria of a WaterSense labeled home, builders must upgrade to more environmentally friendly features. This includes installing WaterSense labeled showerheads, faucets and toilets and utilizing landscaping designs and technology that minimize water usage. Additionally, the program calls for the use of energy-efficient hot water distribution systems.
-
CrossCountry Mortgage, stating its competing bid versus UWM is the "highest premium paid for a mortgage REIT," hinted it could make other moves.
8m ago -
A new deal makes Wells Fargo the preferred lender of homes built by 3D-technology firm Icon, with the bank offering a 50 basis point discount to borrowers.
6h ago -
Housing advocates and compliance firms are suing to block a rule from the Consumer Financial Protection Bureau that they say guts the Equal Credit Opportunity Act.
May 27 -
June could be the true test for delinquencies and how many distressed borrowers impacted by a shift in Federal Housing Administration rules will reperform.
May 27 -
The Federal Reserve Board governor is the latest Fed official to embrace the prospect of tighter monetary policy in response to rapidly rising prices that have taken hold in recent years.
May 27 -
All-cash home purchases hit a six-year March low of 28.9%, as a buyer-friendly market reduced the need to use cash to stand out, with sellers outnumbering buyers by a record-near margin, Redfin found.
May 27









