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U.S. homebuilder D.R. Horton Inc on Wednesday forecast first-quarter revenue below estimates and said it expects home prices to decline next year as a spike in mortgage rates and inflation dampen ...
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
Pembroke Pines. Pembroke Pines is another place you might not be able to afford soon. Its median home sale price has grown 24.6% year over year, now sitting at $530,000.
Jacksonville condo owners slashed prices 6.5%, Miami prices dropped 2.5%, and Orlando’s fell nearly 5%. Meanwhile—as Studnicky says—single-family homes are faring better, meaning that their ...
Prior to this, it had been investigated by the federal government for two years for falsely inflating the prices of houses. In a plea agreement, GDC "agreed in principle" to make a restitution fund for those who bought homes between January 1, 1982 and December 31, 1989. [8] It would later file for Chapter 11 bankruptcy in April. [9]
Pine Ridge is an unincorporated community and census-designated place (CDP) in Citrus County, Florida, United States. The population was 11,042 at the 2020 census, up from 9,598 at the 2010 census. [1] It is part of the Homosassa Springs, Florida Metropolitan Statistical Area.
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