One of the leading homebuilding companies in the U.S., KB Home (KBH - Free Report) recently announced that it will install the Wiser home management system in its newly-built homes. The system will help homeowners to monitor their energy usage thereby optimizing energy expenditure in their homes.
Homeowners can track their daily energy consumption through a web-based portal, which can be accessed from any PC or mobile. The portal will display the information both in terms of dollars and kilowatts. The system can also be upgraded to include other automation features such as remote door, lighting, thermostat and security systems.
Homebuyers always look for properties, which will optimize their home maintenance costs. These often include larger floor space to accommodate future needs, energy efficient electric appliances and other facilities. The introduction of this smart Wiser home management system will help them to reduce their energy bills in the future.
Owing to its operational business model KBnxt, KB Home begins construction only after a purchase agreement is executed. Therefore, consumers buying KB homes get the liberty to plan their homes according to their preference. In addition, KB home already offers features such as ENERGY STAR certified appliances, WaterSense labeled fixtures, which help to optimize water bills, low-VOC paint, programmable thermostats and low-E windows. The addition of the Wiser home management system will further make KBH homes attractive to homebuyers.
KB Home carries a Zacks Rank #3 (Hold).
Other stocks in the homebuilding sector that are performing well and deserve a mention include D. R. Horton Inc. (DHI - Free Report) and Ryland Group Inc. , both carrying a Zacks Rank #1 (Strong Buy), and MDC Holdings Inc. (MDC - Free Report) carrying a Zacks Rank #2 (Buy)