SocraticGadfly: Does Horton hear an end of housing woes?

August 05, 2008

Does Horton hear an end of housing woes?

Fort Worth-based homebuilder D.R. Horton may offer hope that the housing slump is past the worst, as it “only” posted a second-quarter loss of $400 million.

That’s still better than the $826 million it lost for the same period a year ago.

On the flip side, the number of homes Horton sold during the most recent quarter was down 36 percent from a year ago to 6,167.

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