D.R. Horton is a home construction company founded in 1978 by Donald R. Horton in Fort Worth, Texas. The company operates in 97 markets across 29 states, selling single-family homes, townhomes, condominiums, and multi-family dwellings. The company has built over 800,000 homes since its inception, making it one of the largest homebuilders in the United States.
D.R. Horton has a reputation for building high-quality homes at affordable prices. The company's homes are typically priced for entry-level buyers and first-time homebuyers, though they also offer homes for move-up buyers and active adults. D.R. Horton's homes are designed to be energy-efficient, with features like energy-efficient windows, high-efficiency heating and cooling systems, and insulation that meets or exceeds local building codes.
D.R. Horton also offers mortgage financing services through its subsidiary, DHI Mortgage. DHI Mortgage provides mortgage financing to buyers of D.R. Horton homes and also serves customers of other homebuilders. The company's mortgage financing services include fixed-rate mortgages, adjustable-rate mortgages, and FHA and VA loans.
In addition to its homebuilding and mortgage financing operations, D.R. Horton also has a presence in the land development business. The company acquires land for future development and prepares it for construction. This allows the company to have a steady supply of land to support its homebuilding operations and to control the cost of that land.
D.R. Horton has received numerous awards for its construction quality and customer service, including being named America's Builder by Builder Magazine for the past 18 years. The company has also been recognized for its sustainability practices, such as building homes with sustainable materials and promoting energy-efficient features in its homes.