D.R. Horton - Real Estate Investor Pulse

D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

July 6, 2023 Mark Paul Cervantes Comments Off

The acquired homebuilding assets of Truland Homes include approximately 263 lots, 155 homes in inventory and 55 homes in sales order backlog. The post D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million […]

D.R. Horton Earnings Add To Signs Of Housing Market Recovery; DHI Stock Jumps

May 15, 2023 Mark Paul Cervantes Comments Off

D.R. Horton (DHI) easily beat earnings and revenue estimates for the second quarter early Thursday, while giving upbeat revenue guidance for the full year. DHI stock popped in premarket trading, poised to jump out of buy […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]