One of the weak points in the residential market recovery is the building of entry level homes. Historically, entry level housing has been built on speculation. Speculation is building new homes without first having a purchase contract in place. Inexperienced, first time buyers seldom think to nor can afford to have a house built on
DR Horton benefits from focus on entry-level homes
January 28, 2016 by
Construction firm DR Horton is bucking the trend among property developers by focusing on building cheaper homes targeted at first time buyers, and the strategy seems to be working.
