Industry News

Home builder still searching for market bottom

D.R. Horton sales plummet 40%
Published on Jul 10, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The bottom hasn’t hit yet for one of the nation’s largest home builders, D.R. Horton, which said Tuesday that third-quarter sales orders fell 40 percent due to high inventory levels and weak market conditions weighing on new homes. D.R. Horton ...