D.R. Horton Riding The Housing Bull Market
Excerpt from the InvestorGuide.com Stock of the Day on 9/9/2005

How sharp is the needle coming down to prick the domestic real estate bubble? D.R. Horton, Inc., one of the largest homebuilding firms in the US, is hoping that the needle is about as sharp as, well, a bubble. The company has seen a huge expansion during the past real estate boom, especially considering that the company also offers mortgage finances and titling agencies to its homebuyers. The big question is whether rising interest rates, inflation fears and wavering investor sentiment will cause home prices to tumble, and what the recent and possible string of fall storms will do to housing demand in high-priced areas. What will the aftermath of Hurricane Katrina do to Horton's prospects of a sunnier future? More >