Is D.R. Horton's Margin Guide Signaling Choppier Housing Seas?

Key Takeaways D.R. Horton's home closings fell 6.9% with net sales orders down 6.2% in the first nine months of fiscal 2025.Incentives like a 3.99% FHA loan aim to lift demand, with Q4 closings expected at 23,500-24,000 units.DHI projects Q4 gross margin of 21%-21.5%, down from 23.6% a year ago, reflecting housing market weakness.The United States’ homebuilding market has been experiencing choppy weather for the past few years, which is directly hampering the profitability scale for operating homebuilders, ...