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Big 4th Quarter Loss for Nation's Largest Homebuilder

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Lawrence R.

Thread Starter
Senior Member
Joined
Mar 27, 2007
Professional Status
Certified General Appraiser
State
South Carolina
http://biz.yahoo.com/ap/080207/earns_d_r_horton.html

I didn't realize they were this big. Losses over 100 million compared to the same quarter last year's profit of over 100 million.

If that trend continued, DR Horton would stand to lose close to 1 BIllion in 2008.

Where's my rebate check? It'll solve everything!
 

Thomas Fiehler

Senior Member
Joined
Jun 2, 2003
Professional Status
Certified General Appraiser
State
Ohio
Not surprising-they only lasted a few years in this market. Their quality was not up to their reputation.
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Not surprising-they only lasted a few years in this market. Their quality was not up to their reputation.

I agree, just barely slightly better than a wobble box. But they used more trim and offered a neighborhood bathtub pool.
 
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