DR Horton Inc DHI

Consumer Cyclical Residential Construction

D.R. Horton, Inc. is a homebuilding company. The Company constructs and sells homes through its operating divisions in 125 markets across 36 states. The Company’s segments include Homebuilding, Rental, Forestar, Financial Services, and Other. The Homebuilding divisions are primarily engaged in the acquisition and development of land and the construction and sale of residential homes. The Company’s rental segment consists of single-family and multifamily rental operations. The single-family rental operations construct and lease single-family homes within a community and then generally market each community for a bulk sale of rental homes. The Forestar segment is a residential lot development company with operations in 59 markets across 24 states. The Financial services segment provides mortgage financing and title agency services to homebuyers in many of the Company’s homebuilding markets. It also conducts insurance-related operations.

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DR Horton Inc

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Post by bc4uon Aug 28, 2012 2:44pm

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Post# 20270423

U.S. home prices post first 12-month gain since 20

U.S. home prices post first 12-month gain since 2010; Detroit sets pace in one-month sales

11:56 AM, August 28, 2012
By MARTIN CRUTSINGER
Associated Press

WASHINGTON — U.S. home prices rose in June from the same month last year, the first year-over-year increase since the summer of 2010. The increase is the latest evidence of a nascent recovery in the housing market.

The

https://www.freep.com/article/20120828/NEWS07/120828031/U-S-home-prices-post-first-12-month-gain-since-2010-Detroit-sets-pace-one-month-sales

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