KB Home CEO: Homebuilders are slowing spec builds in weaker housing markets

“It’s good to see that there’s not a lot more [spec] inventory being injected into some of the softer markets, and I think that’s going to help places like Florida stabilize,” KB Home CEO Jeffrey Mezger tells ResiClub. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.