D.R. Horton is building smaller homes and offering incentives to keep prices down - MarketWatch

1. D.R. Horton missed on new orders, impacting market perceptions negatively. 2. Profitability affected by increased mortgage-rate incentives for home sales. 3. Gross profit margin fell to 22.7%, indicating softer profitability. 4. Unsold home inventory rose, suggesting demand challenges in certain regions. 5. Guidance for fiscal 2025 remains optimistic despite recent declines.