Housing lenders and builders face an unusually concentrated stretch of economic news this week. The Federal Reserve will decide its next interest-rate move Wednesday, with September new-home sales due Tuesday and the first estimate of third-quarter economic growth...
D.R. Horton has signed a multiyear agreement to use robotic manufacturing for components in more than 1,250 homes, giving a construction-automation company its first major U.S. homebuilder customer at a time when builders are under pressure to cut costs without...
A Phil Hall Op-Ed: The humorist Will Rogers once wisecracked, “All I know is just what I read in the papers, and that’s an alibi for my ignorance.” I was reminded of Rogers’ classic comment while reading a pair of recent Wall Street Journal articles regarding...
The investment and development firm HIC Land and homebuilder D.R. Horton (NYSE: DHI) have broken ground on Carolina Station, a $36 million, 2,600-acre master-planned community at Hardeeville, South Carolina. The community, to be located along US Highway 278, will...
The Austin division of homebuilder DR Horton (NYSE: DHI) is now pre-selling its newest community, Railhead, in Cedar Creek, Texas. Railhead features one-story floorplans with up to five bedrooms, three bathrooms and three-car garages. Homes range from 1,655 to 2,430...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
