Content about D.R. Horton

November 13, 2012

National home builder D.R. Horton reported revenue for its fourth fiscal quarter 2012 of $1.3 billion, a 21% increase from $1.1 billion in the same quarter of 2011. Homes closed in the quarter increased 12% to 5,575, compared with 4,987 homes a year ago.

Net income for the fourth quarter, which ended Sept. 30, was $100.1 million, compared with $35.7 million in the fourth quarter of 2011.

August 21, 2012

Fort Worth, Texas-based home builder D.R. Horton has acquired the homebuilding operations of Breland Homes, which operates in Huntsville, Mobile and Baldwin County in Alabama and along the gulf coast of Mississippi. The home-building operating assets included about 320 homes in inventory and 1,020 finished lots. D.R. Horton will also control an additional 3,700 lots through option contracts. 

September 28, 2011

A group of 19 California homeowners who bought their homes between 2004 and 2006 -- each with a 20% or more down payment -- won the right to sue D.R. Horton, Richmond American, Shea Homes, Lennar Homes and other production home builders for devaluing their properties with risky lending practices. 

September 9, 2011

The federal government has begun an in-depth investigation of possible wage infractions in the residential construction industry, according to an article in the Wall Street Journal. 

August 5, 2008

The company’s sales backlog of homes under contract as of June 30 was 8,281 homes,...

May 5, 2008

Revenue dropped 36.5 percent to $1.6 billion from $2.52 billion in the same period last year....

February 6, 2008

The company took $245.5 million in pre-tax charges for inventory impairments and write-offs related to...

October 15, 2007

The company saw its cancellation rate rise to 48 percent; official fourth-quarter results will be...

September 3, 2007

Fitch Ratings has issued a negative outlook for 14 publicly owned home builders and revised...

August 9, 2007

The lawsuit seeking class action status, filed by a customer of the home builder, alleges...

July 9, 2007

The Fort Worth, Texas-based builder reported net sales orders for the third quarter of 8,559...