Homebuilder’s newest San Jose community of prestigious hilltop homes, Platinum at Communications Hill, sold out; models released for sale

KB Home (NYSE: KBH) today announced that Platinum at Communications Hill, a highly-desirable hilltop community located in the heart of Silicon Valley, is sold out of the 27 single-family homes being built in one of the area’s most popular housing developments. Four model homes at the community have now been released for sale. The elegant three-story homes range in size from 2,256 to 2,761 square feet, accommodate up to four bedrooms and three-and-a-half baths, and are priced starting in the mid-$1 millions.

Platinum is just the latest KB Home development in the Communications Hill master plan. Situated just a few miles south of San Jose, the community offers convenient city living close to shopping, dining, nightlife and cultural attractions, as well as to the area’s major Silicon Valley employers, Interstates 880 and 680 and U.S. Highway 101.

Homes at two other KB Home communities at Communications Hill are currently available. Single-family detached homes at Promenade at Communications Hill range in size from 2,148 to 2,178 square feet, with up to five bedrooms and four baths, and start in the low-$900,000s. In addition, four unique floor plans at Metro at Communications Hill range in size from 1,668 to 2,002 square feet, with up to four bedrooms and three-and-a-half baths, and are priced from the mid-$700,000s.

Like all KB homes, those at Platinum at Communications Hill are ENERGY STAR® certified and include WaterSense® labeled faucets and fixtures. The water-saving and energy-producing features of the KB homes built at Platinum can help homeowners save money on their monthly utility bills as compared to other typical new and resale homes.

Homebuyers are invited to visit the Metro at Communications Hill sales office for guided tours through the Platinum model homes this weekend from 10 a.m. to 6 p.m. Platinum at Communications Hill is located at the cross streets of Communications Hills Blvd. and Llano de Los Robles Avenue in San Jose. For more information about KB Home, visit www.kbhome.com or call 888-KB-HOMES.

About KB Home

KB Home (NYSE: KBH) is one of the largest and most recognized homebuilders in the United States and an industry leader in sustainability, building innovative and highly energy- and water-efficient new homes. Founded in 1957 and the first homebuilder listed on the New York Stock Exchange, the Company has built nearly 600,000 homes for families from coast to coast. Distinguished by its personalized homebuilding approach, KB Home lets each buyer choose their lot location, floor plan, décor choices, design features and other special touches that matter most to them. To learn more about KB Home, call 888-KB-HOMES, visit www.kbhome.com or connect on Facebook.com/KBHome or Twitter.com/KBHome.

KB HomeCraig LeMessurier, 925-983-4509clemessurier@kbhome.com

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