Analysis of DR Horton Inc.

0 Comments | M2 Presswire, December, 2006

M2 PRESSWIRE-5 December 2006-bellwetherreport.com: Analysis of DR Horton Inc.(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:05122006 When D.R. Horton (NYSE:DHI) heard a Who, it built the little guy a house. One of the top homebuilders in the US, following Pulte and Centex and Lennar, the company sold more than 51,000 homes in fiscal 2005.

D.R. Horton mainly builds single-family homes designed for the entry-level and move-up markets. Homes range from 1,000 sq. ft. to 5,000 sq. ft., with an average selling price of about $261,000; its luxury homes can cost up to $900,000. D.R. Horton operates more than 40 divisions, building in 74 metropolitan markets in 25 states. It also provides mortgage financing and title services to homebuyers. California, Texas, Arizona,...