Part 3/10:
The pressure facing D.R. Horton is not limited to insider trading; alarming regional data underscores a pressing dilemma. In Phoenix, cancellation rates of contracts have soared to an astounding 32%. Meanwhile, in Austin, the company has raised incentives to levels not seen since 2008. Florida presents a similar tale, with notable reductions in land holdings by 25%. This pattern of retreating in historically robust markets is a cause for grave concern.