D.R. Horton Hits Builders Hard as Prospective Homebuyers Worry About Soaring Interest Rates

In a challenging climate for the housing market, D.R. Horton, the largest homebuilder in the United States, has unveiled its disappointing quarterly results, which reveal the harsh realities facing builders today. The company's staggering drop in demand amidst rising interest rates has sent ripples throughout the industry, leaving homebuilders scrambling to navigate a market rife with uncertainty.

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