Jim Cramer Reveals Why KB Home (KBH)’s Stock Is Up

Group 1 - KB Home's shares have decreased by 2.1% year-to-date due to ongoing weakness in the housing market [2] - Jim Cramer has linked KB Home's performance to mortgage rates, suggesting that lower rates could benefit the company [2] - Cramer indicated he would refrain from trading KB Home until there is more clarity regarding rate cuts [2] Group 2 - CEO Jeff Mezger of KB Home noted that December is typically a month where selling is discouraged to protect margins [3] - The stock price has increased as investors perceive the company's stock buyback strategy as prudent, especially given the current housing market conditions [3] - Cramer believes that mortgage rates need to decrease for KB Home to improve its sales performance [3]