Topic: real_estate

Analysts expect bearish trade on D.R. Horton (DHI) as mortgage rates rise and demand softens

D.R. Horton faces significant challenges as rising interest rates push mortgage rates to a one-year high, impacting demand and leading to a bearish outlook for the homebuilder's stock. Analysts suggest a defined-risk bearish trade as the company struggles with slowing revenue growth and increased costs associated with mortgage buy-downs.