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DR Horton Inc. acquires Truland Homes homebuilding operations

Construction Today

DR Horton also acquired 156 lots and control of approximately 400 lots through option contracts from Truland affiliates and 201 lots and control of. America’s Builder announced the acquisition of Truland Homes, the largest private homebuilder along the Gulf Coast.

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DR Horton Inc. brings on Truland Homes homebuilding operations in latest acquisition

Construction Today

DR Horton also acquired 156 lots and control of approximately 400 lots through option contracts from Truland affiliates. America’s Builder announced the acquisition of Truland Homes, the largest private homebuilder along the Gulf Coast. It also involved 201 lots and control.

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DR Horton Found Negligent in Condo Case, Fined $9.6M

Construction Equipment

Horton, the nation's largest homebuilder, has been ordered by a Duval County, Florida court to pay $9.6 million to repair defects in a 240-unit Jacksonville condominium development.

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The Biggest Challenges and Silver Linings for the Largest U.S. Home Builder

Pro Builder

DR Horton is the largest home builder in the U.S., In order to adapt to ongoing supply chain disruptions and rising rates for building materials, DR Horton expanded its cycle times and slowed production to avoid a buyer backlog, and it recently revised its estimate of closed homes this year from 90-92k to 88-90K.

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Texas Builder Promises Buyers it Will Stay True to Contractual Prices

Pro Builder

Those builders included DR Horton, First Texas Homes and Lennar. It’s not clear how many other builders are offering their clients a guaranteed price. The Star-Telegram contacted a handful of builders in the North Texas area by phone and email, but didn’t get a response.

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Vaccine News Affects Single-Family Home Builder Stocks

Pro Builder

Lennar, Pulte, DR Horton, Toll Brothers—even Home Depot and Sherwin Williams—all took hits to their stocks yesterday. For builders, though, CNBC says the home building industry has benefited so far from stay-at-home orders, telecommuting, homeschooling, and the “urban exodus.” Mortgage rates play a role as well.

News 52
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Vaccine News Drops Single-Family Home Builder Stocks

Pro Builder

Lennar, Pulte, DR Horton, Toll Brothers—even Home Depot and Sherwin Williams—all took hits to their stocks yesterday. For builders, though, CNBC says the home building industry has benefited so far from stay-at-home orders, telecommuting, homeschooling, and the “urban exodus.” Mortgage rates play a role as well.

News 52