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This $3B builder moves from California to Arizona—signaling something about the housing market’s next decade

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Why This Matters

KB Home's shift from California to Arizona, with a significant increase in its Maricopa County operations, highlights changing dynamics in the housing market and suggests a potential migration of builders to more affordable and growth-friendly regions. This trend could influence housing supply, affordability, and regional economic development in the coming decade.

Key Takeaways

Back in 2012, KB Home did almost 4 times as much homebuilding in Los Angeles County as in Maricopa County. Now, it does nearly 8 times more business in Maricopa County. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.