REAL ESTATE: KB Homes sees Inland improvement

BY DEBRA GRUSZECKI

KB Home today reported a third-quarter profit of $ 3.3 million, or 4 cents a share, for the quarter ending Aug. 31, news representing a turnabout from a net loss of $ 9.6 million, or 13 cents a share, from the year before.

The Los Angeles-based homebuilder delivered 1,720 homes during the period, with an average s…

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