After seeing housing prices pick up and inventory levels fall, KB Home is going to resume building and selling homes in the DC area after curtailing operations in 2007, according to The Washington Post.

This is yet another sign that the area's housing market has turned a corner towards recovery. Plus, this will help to boost the local job market as they will be employing sales and construction workers. Great news all around.

"KB Home said Wednesday that it intends to resume building and selling houses in the Washington region this year after curtailing operations in late 2007, yet another sign to real estate analysts of recovery in the area's housing market.

The Los Angeles-based company has built numerous communities throughout Northern Virginia and suburban Maryland, including Huntington Mews in Alexandria, Martin's Chase in Ashburn, Cherry Tree near Upper Marlboro and Middletown South in Waldorf. But the severe housing slump across the country prompted the company during the early days of the recession to suspend construction in Chicago, Albuquerque and the mid-Atlantic region.

Now, after seeing housing prices pick up and inventory levels fall, company officials said they plan to jump back into the market here. They said they will call back sales and construction workers and offer more affordably priced single-family units to meet the demands of an increasingly cost-conscious consumer."

Read the full story.