Dear Realtors & Potential Homebuyer,
There's an old adage in the real estate business: "What are the three most important things in real estate? Location, Location, Location!" At D.R. Horton, we realize that many things are important to our homebuyers in addition to location. For 30 years, our homes have been designed and built with a focus on quality and value, while including livable floor plans, energy efficient features, a home warranty - and the list goes on.
What else should you consider as you are selecting your new home? We believe the financial strength of the homebuilding company is an important consideration, especially in today's uncertain economic environment. Below are a few items for your consideration in determining our ability to "be there for you," both during the construction process and after you have closed on your new home:
- In the 30 years since D.R. Horton was founded in 1978, we have delivered more than 380,000 homes to our homebuyers
- D.R. Horton, Inc. is a publicly traded company, listed on the New York Stock Exchange under the ticker DHI
- For each of the past 6 years, we have delivered more homes to our customers than any other homebuilder in the United States*
- Our equity at September 30, 2008 was $2.8 billion, fourth highest of the public homebuilders*
- Our cash balance at September 30, 2008 totaled $1.4 billion, second highest of the public homebuilders*
- We expect our cash balance to increase to approximately $2 billion by December 31, 2008
Thank you again for visiting D.R. Horton, America's Builder, as you search for your new home. If you have any questions about our homes or communities, please visit our website at www.DRHORTON.com or any of our communities. If you would like further information about D.R. Horton, Inc., please call 1-800-846-7866 and ask for Investor Relations, or visit the Investors section of our website.
* Based on closings, equity and cash information as reported by public homebuilders in the United States as of November 25, 2008.
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