KB Home is the latest billion-dollar company leaving California
Briefly

KB Home is the latest billion-dollar company leaving California
"KB Home's forthcoming move will mark its return to the Phoenix area, where the company was headquartered for a few years in the 1960s before shifting its operations to Los Angeles."
"Over the years, the company has built tens of thousands of homes across the state and remains deeply committed to serving California homebuyers, with more than 100 communities currently open statewide."
"We opened seven new communities in the last six months and plan to open six more by the end of 2026."
"KB Home will be joining Realtor.com, Public Storage, John Paul Mitchell Systems and a host of other companies that have left California."
KB Home, a major homebuilder, announced its headquarters will move from Los Angeles to Tempe, Arizona, in spring 2027. The company cited a more business-friendly operating environment in Arizona and the potential to lower costs. Founded in 1957, KB Home previously operated in the Phoenix area during the 1960s. Despite the move, KB Home will maintain a significant presence in California, with ongoing projects and new community openings planned across the state.
Read at SFGATE
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