KB Home Leaving Indianapolis

In a previous blog, I had mentioned that there were new home layoffs in the Indianapolis new home industry and that the word on the street was that KB Home would soon be leaving the Indianapolis market.  Well, three months later that prediction has come true.  KB Home announced that they will indeed be pulling out of the Indianapolis new home market by the end of the year. 

I would also like to reiterate that I do not believe that will have a long term negative impact on Indianapolis new homes or the Indianapolis real estate market as a whole.  It is no secret that there are WAY too many builders in the Indianapolis market to begin with.  I believe that having one less builder to compete with will actually have a positive impact on the market.  It may not make a drastic difference, but less competition is always good for prices. 

That being said, this is a great time to buy a KB Home…they are going to be desperate to get out of Indianapolis and are likely to negotiate on prices much more than before.  The only concern would be after the house is built what happens with warranty issues.  I personally would not be too concerned with this as KB Home is an 11 billion dollar company and cannot afford to have their reputation tarnished by alienating all Indianapolis warranty issues.

If you are interested in buying a KB Home or a new home from any other Indianapolis new home builder, please contact Rebate Real Estate and learn how you can qualify for a 50% commission rebate.     

• Rate this Post!

  Select Your Rating:

  • 5 Stars (Excellent!)
  • 4 Stars
  • 3 Stars
  • 2 Stars
  • 1 Stars (Poor)

• Share this Post

  Share With A Friend:

  Your Name Your Email

  Friend's Name Friend's Email

  Optional Message

  Send

• Print
• Social Bookmarking

  Add to Bookmarks: