KB Home Launches The Open Series™ Line of Homes in Tucson

KB Home (NYSE: KBH), one of America’s largest homebuilders, recently introduced The Open Series™ at four of its new home communities in and around Tucson. The Open Series™ is KB Home’s new generation of affordable, flexible and energy-efficient homes that offer buyers unprecedented choice and value. These Built to Order™ home designs are affordably priced to compete with resale and foreclosure homes. Pricing for The Open Series homes in the Tucson area begins at $89,999. Model homes from The Open Series are now open for tours at KB Home’s Presidio del Cielo, Sonoran Ranch, Santa Rita Ranch II, and Rancho Valencia communities.

KB Home has conducted extensive research with homebuyers across the country to develop The Open Series. These studies have revealed that today’s buyers are looking for flexible floor plans that give them the power to add or subtract bedrooms, multi-use spaces and storage areas. The Open Series enables homebuyers to add up to 40% more living space to the base model of a home on the same homesite, with smart, lifestyle-oriented floor plans that flood the home with natural light and create a seamless flow between living spaces.

The Open Series homes are built to exacting ENERGY STAR® guidelines, making them among the most energy-efficient new homes available today. ENERGY STAR qualified homes are up to 45% more energy-efficient than homes built as recently as 10 years ago, allowing buyers to reduce their carbon footprint and monthly utility bills for years to come.

“We are excited to bring The Open Series home designs to Tucson,” said Mark Rodocker, executive vice president of KB Home’s Arizona division. “The response from our homebuyers has been tremendous. The combination of affordability, flexibility and energy efficiency is exactly what today’s homebuyers are looking for in a new home. And they are thrilled to discover that they can afford to build a brand new home just the way they want it.”

One of the communities now offering homes from The Open Series is Rancho Valencia in Tucson. Four designer decorated model homes showcase the opportunities and flexibility these all-new home designs provide to new home buyers. One single story home design features 2 bedrooms and 2 baths in 1,497 square feet. This home has an additional room that can function as a den or be turned into a third bedroom. This same floor plan can “flex” up to 1,649 square feet to allow for an extra bedroom, home office or den.

All of The Open Series homes are Built to Order™, providing buyers a level of choice in designing their new homes that was previously available only with high-end custom homes. KB Home’s Built to Order experience enables buyers to choose from a variety of brand-name design options at the KB Home Studio, so their home reflects their personal taste and lifestyle, as well as their budget.

Consistent with KB Home’s standing as the only major homebuilder to achieve national certification through the NAHB Research Center’s National Housing Quality program, The Open Series homes are built using high quality materials and components and are backed by KB Home’s 10-Year Limited Warranty. KB Home homebuyers appreciate the peace of mind that comes from choosing a company that has been building quality homes for more than 50 years.

Visit www.kbhome.com or call 888-KB-HOMES to learn more about The Open Series in Tucson.

About KB Home

KB Home, one of the nation's leading homebuilders, has delivered hundreds of thousands of quality homes for families since its founding in 1957. The Company is distinguished by its Built to Order™ homebuilding approach that puts a custom home experience within reach of its customers at an affordable price. KB Home's award-winning homes and communities meet the needs of first-time homebuyers with flexible designs that also appeal to move-up buyers and active adults. Los Angeles-based KB Home was named the #1 homebuilder on FORTUNE® magazine's 2009 “World’s Most Admired Companies” list. This marks the second year in a row and the third time in the past four years that KB Home has achieved the top ranking. The Company trades under the ticker symbol "KBH," and was the first homebuilder listed on the New York Stock Exchange. For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com.