We found out recently that our buddy Warren Buffet made a significant purchase in the stock $DHI.
Description
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 106 markets across 33 states under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.
When we look at who are the majority stake folders in this company we find:
We also know that there is a push to acquire a lot of residential property. We heard this from Blackrock as this is their agenda. Could this be one of the reasons interest rates have sky rocketed? Shake out home owners so that these mega corporations can come in and buy them cheap?
Here's where he bought for your information:
Comments