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Meet the new Tim Hortons app—now easier to use with a new look and feel. Enjoy the convenience of ordering ahead for pickup, delivery, or dining in. Pay for your order and earn Tims Rewards Points in 

The best-selling Dr. Seuss classic “Horton Hears a Who!” comes to life with playful interactivity, delightful animations and fun activities!

Horton is back! After his first appearance in “Horton Hatc

Founded with a vision of family, D.R. Horton maintains a small business mentality focused on treating employees, customers, and partners as extended family members, fostering loyalty and long-term relationships.

Family First

Commitment to delivering exceptional homebuying experiences through quality construction, responsive support, and comprehensive services including mortgage financing and title assistance.

Customer Service

Operating with honesty and ethical standards in all business dealings, doing what is right for people and communities while maintaining transparency with stakeholders.

Integrity

Continuously improving construction methods, design offerings, and operational efficiency while launching initiatives like the Home is Connected smart home system to enhance homeowner value.

Innovation

Maintaining strong balance sheet, disciplined capital allocation, and superior returns to support sustainable growth and shareholder value creation.

Financial Strength

Encouraging employees to learn and grow to their greatest potential through collaboration, creativity, and professional development opportunities.

Growth & Development

D.R. Horton is America's largest homebuilder by volume, serving more homebuyers than any other builder in the United States since 2002. The company operates four brands offering homes from entry-level to luxury across 125 markets in 36 states.

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David V. Auld

Executive Chairman of the Board

Paul J. Romanowski

President & Chief Executive Officer

Bill W. Wheat

Executive Vice President & Chief Financial Officer

Michael J. Murray

Executive Vice President & Chief Operating Officer

Donald R. Horton (1950-2024)

Founder & Chairman (deceased)

D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company ranked number 120 on the 2024 Fortune 500 list of the largest United States corporations by revenue. The company operates in 125 markets across 36 states. D.R. Horton operates four brands: D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes. Express Homes is tailored to entry-level buyers while the Emerald Homes brand is sold as luxury real estate. Freedom Homes caters to the active adult community.

https://en.wikipedia.org/wiki/D._R._Horton

The flagship brand offering a wide range of single-family homes for move-up buyers and families across various price points. Features traditional and modern designs with quality construction and comprehensive customization options in communities nationwide.

D.R. Horton Homes

Entry-level home brand launched to address the affordable housing market, offering quality homes at accessible price points starting around $100,000-$250,000. Designed specifically for first-time homebuyers seeking value without sacrificing quality or modern amenities.

Express Homes

Luxury homebuilding brand offering premium residences with high-end finishes, upscale amenities, and superior design elements. Targets affluent buyers seeking luxury real estate with prices often exceeding $1,000,000 in exclusive communities.

Emerald Homes

Active adult community brand specifically designed for buyers aged 55 and older, offering affordable age-restricted housing with amenities tailored to the active adult lifestyle. Features low-maintenance homes in communities with social and recreational facilities.

Freedom Homes

Vertically integrated mortgage financing subsidiary providing comprehensive home loan services to D.R. Horton homebuyers. Offers competitive rates, streamlined approval processes, and coordination with home purchase timelines for simplified closing experiences.

D.R. Horton Mortgage

In-house title services company providing title insurance, escrow services, and closing coordination for homebuyers. Ensures smooth property transfers and protects buyer interests while integrating seamlessly with the home purchase process.

D.R. Horton Title Services

Integrated smart home technology platform offering connected devices and automation systems in new D.R. Horton homes. Includes smart thermostats, lighting controls, security features, and voice-activated systems for modern, tech-enabled living.

Home is Connected Smart Home System

D.R. Horton announced it will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025. The company will host a conference call to discuss results and provide updates on business performance and market conditions.

D.R. Horton to Release First Quarter Fiscal 2025 Earnings on January 21, 2025

America's largest homebuilder announced a partnership with Portland-based startup Prophetic, which has developed an AI-native platform for land acquisition and development analysis. The technology aims to help D.R. Horton identify and develop land more efficiently, leveraging artificial intelligence to optimize site selection and development planning.

D.R. Horton Partners with AI Startup Prophetic for Land Development Analysis

The nation's biggest homebuilder is expanding into multifamily rental housing with a 333-unit apartment complex in The Villages at Tule Springs master-planned community in North Las Vegas. The project reflects D.R. Horton's diversification strategy, with additional rental projects planned in Henderson and Southern Nevada through 2027-2028.

D.R. Horton Developing 333-Unit Apartment Complex in North Las Vegas

D.R. Horton reported fiscal 2024 results with consolidated revenues of $36.8 billion and net income of $4.8 billion ($14.34 per diluted share). The company closed 89,690 homes at an average price of $378,000 and increased its quarterly dividend to $0.40 per share, demonstrating strong performance and shareholder commitment.

D.R. Horton Reports Record Fiscal 2024 Earnings and Increases Quarterly Dividend

D.R. Horton announced the sudden passing of company founder and chairman Donald R. Horton at age 74. Horton founded the company in 1978 and grew it into America's largest homebuilder. David V. Auld assumed the role of Executive Chairman following Horton's death, ensuring leadership continuity for the organization.

Founder Donald R. Horton Passes Away at Age 74

D.R. Horton reported third quarter fiscal 2024 results demonstrating continued market share gains amid challenging housing market conditions. The company's performance highlighted its competitive advantages in scale, efficiency, and multi-brand strategy, positioning it for further growth in fiscal 2025.

D.R. Horton Third Quarter Fiscal 2024 Earnings Show Strong Market Share Gains

D.R. Horton and its subcontractors/suppliers agreed to a $16.1 million settlement in South Carolina (Easley) related to alleged construction defects in more than 200 homes. The settlement addresses issues with roofs, siding, and moisture intrusion, representing one of the company's significant legal resolutions in 2024.

D.R. Horton Settles South Carolina Construction Defects Lawsuit for $16.1 Million

Sarasota County again rejects D.R. Horton development near Celery Fields

Warren Buffett’s Berkshire Hathaway Invests $1.8B in Nucor, D.R. Horton and Lennar Here’s Why

Is DR Horton really that bad?

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Donald R. Horton founded D.R. Horton in Fort Worth, Texas, convincing a bank to lend him $500,000 after starting with only $3,000 and an empty lot. He built his first home, launching what would become America's largest homebuilding company.

Company Founded

D.R. Horton began expanding beyond its original Dallas-Fort Worth market, establishing operations in new Texas cities and setting the stage for regional growth throughout the Southwest.

Geographic Expansion Beyond Dallas-Fort Worth

The company went public, raising $40 million in its IPO and listing on public stock exchanges. This capital infusion enabled accelerated expansion and acquisition activity throughout the 1990s.

Initial Public Offering

Sales reached $190 million and the company ranked as the 24th largest builder in the country. New divisions opened in San Diego, Los Angeles, Austin, and Salt Lake City, establishing D.R. Horton as a multi-state homebuilder.

National Expansion and Top 25 Ranking

D.R. Horton listed on the New York Stock Exchange, enhancing its visibility and access to capital markets as it pursued aggressive growth strategies.

NYSE Listing

D.R. Horton acquired Continental Homes for $305 million plus the assumption of $278 million in debt, marking one of the largest and most strategic acquisitions in the company's expansion campaign.

Acquisition of Continental Homes

D.R. Horton achieved the top position as the largest homebuilder by volume in the United States, a distinction the company has maintained for 23 consecutive years through 2024.

Becomes America's #1 Homebuilder

The company introduced the Express Homes brand specifically targeting entry-level homebuyers, addressing significant market demand for affordable housing and expanding the company's addressable market.

Launch of Express Homes Brand

D.R. Horton introduced Freedom Homes for affordable active adult living, expanding its brand portfolio to serve the growing 55+ demographic seeking age-appropriate communities.

Launch of Freedom Homes Brand

The company moved its headquarters from Fort Worth, Texas, to Arlington, Texas, reflecting its growth and evolution into a major Fortune 500 corporation with national operations.

Headquarters Relocation to Arlington

D.R. Horton announced the successful launch of its Home is Connected smart home system, integrating modern technology into new homes to enhance value and appeal to tech-savvy buyers.

Home is Connected Smart Home Launch

Paul J. Romanowski was promoted to President and CEO, while David V. Auld transitioned from CEO to Executive Vice Chair, marking a planned leadership succession for the company.

Leadership Transition

Company founder and chairman Donald R. Horton passed away suddenly at age 74. David V. Auld assumed the role of Executive Chairman, ensuring leadership continuity for the organization Horton built over 46 years.

Founder Donald R. Horton Passes Away

D.R. Horton closed fiscal year 2024 with 89,690 homes delivered, revenue of $36.8 billion, and net income of $4.8 billion. The company captured 13.6% market share in calendar year 2024, closing 93,311 homes.

Record Fiscal Year Performance

D.R. Horton announced partnership with Portland-based startup Prophetic to use AI-native platform for land acquisition and development analysis, modernizing its approach to identifying and developing properties efficiently.

AI Technology Partnership with Prophetic

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Stay connected to every vital aspect of your home and relish absolute tranquilityStay connected to every vital aspect of your home and relish absolute tranquility, day and night, courtesy of our cutti

NVR prioritizes a culture of integrity where every employee is empowered, valued, and motivated to set the standard of excellence in all interactions with customers, trade partners, and colleagues.

Integrity and Trust

Emphasis on team collaboration is an integral part of NVR's work culture, fostering cooperation across homebuilding divisions, mortgage operations, and corporate functions to deliver seamless customer experiences.

Team Collaboration

Commitment to disciplined capital allocation, asset-light operations, and avoiding speculative land development ensures sustainable profitability through market cycles and protects shareholder value.

Financial Discipline

Dedication to understanding and meeting diverse homebuyer needs through three distinct brands serving different market segments, from first-time buyers to luxury homeowners.

Customer Focus

Continuous pursuit of operational efficiency, quality construction, and superior returns on invested capital through proven business processes and local market expertise.

Operational Excellence

NVR, Inc. is one of the nation's leading homebuilders, operating through three flagship brands: Ryan Homes, NVHomes, and Heartland Homes. The company constructs and sells single-family homes, townhomes, and condominiums across 36 metropolitan areas in 16 states and Washington D.C., while also providing mortgage banking and title services through NVR Mortgage Finance, Inc.

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Eugene J. Bredow

Paul C. Saville

Daniel D. Malzahn

Chief Financial Officer, Treasurer & Senior Vice President

Dwight C. Schar

Founder & Board Member

NVR's flagship brand targeting first-time and first-time move-up buyers with quality, affordable single-family homes, townhomes, and condominiums. Ryan Homes, founded in Pittsburgh in 1948 and acquired by NVR in 1987, operates across the majority of NVR's 36 metropolitan markets offering value-oriented homes with modern features and energy efficiency.

Ryan Homes

Premium homebuilding brand serving move-up and luxury buyers seeking upscale features, larger floor plans, and prestigious community locations. NVHomes, NVR's original brand established in 1980, offers customization options and high-end finishes that appeal to buyers transitioning from starter homes or seeking luxury residences.

NVHomes

Luxury homebuilding brand operating primarily in the Pittsburgh, Pennsylvania market, offering high-end custom and semi-custom homes with premium features, superior craftsmanship, and exclusive community amenities targeting affluent buyers seeking distinctive luxury residences.

Heartland Homes

Full-service mortgage banking subsidiary providing conventional, FHA, VA, and USDA loan programs exclusively to NVR homebuyers. The operation originates, processes, and closes mortgage loans, then sells them to investors in the secondary market on a servicing-released basis, generating fee income while maintaining capital efficiency.

NVR Mortgage Finance

Comprehensive title insurance brokerage and title search services provided to NVR homebuyers, ensuring clear property ownership and facilitating smooth real estate transactions. This vertical integration streamlines the closing process and provides additional revenue with minimal capital requirements.

Title Services

NVR's distinctive asset-light land strategy involves acquiring finished building lots through option contracts and purchase agreements rather than engaging in land development. This approach significantly reduces capital requirements, mitigates development risk, and provides operational flexibility to adjust to market conditions.

Finished Lot Acquisition Program

NVR announced exceptional 2024 full-year performance with consolidated revenues of $10.52 billion, an 11% increase from $9.52 billion in 2023, and net income of $1.68 billion, up 6% from the prior year. The company settled 22,836 homes (up 11%) while maintaining a strong balance sheet with approximately $2.5 billion in cash and cash equivalents.

NVR Reports Record 2024 Full-Year Results with 11% Revenue Growth

NVR reported first quarter 2025 net income decreased 24% and diluted earnings per share decreased 19% compared to Q1 2024. New orders decreased 12% to 5,345 units with cancellation rates rising to 16% from 13% in the prior year quarter, reflecting affordability challenges and macroeconomic uncertainty affecting the housing market.

NVR First Quarter 2025 Results Show Market Headwinds with 24% Decline in Net Income

NVR's second quarter 2025 net income fell 17% to $333.7 million, or $108.54 per diluted share, compared to $400.9 million in Q2 2024. New orders decreased 11% to 5,379 units, and mortgage banking income before tax decreased 34% to $29.6 million, primarily due to lower secondary marketing gains, highlighting continued challenges in the housing market.

NVR Second Quarter 2025 Earnings Fall 17% Amid Housing Market Softness

Despite industry headwinds, NVR's mortgage banking segment delivered strong 2024 performance with mortgage closed loan production increasing 9% to $6.26 billion and income before tax from the segment increasing 17% to $154.9 million from $132.8 million in 2023, demonstrating the value of NVR's vertically integrated business model.

NVR Mortgage Banking Segment Shows Resilience with 17% Income Growth in 2024

NVR announced that Paul C. Saville would transition from President and CEO to Executive Chairman of the Board effective May 4, 2022, with Eugene J. Bredow being appointed President and CEO. Bredow, who joined NVR in 2004 and served as President of NVR Mortgage since April 2019, brings extensive company knowledge to the leadership role.

NVR Announces Board of Director and Executive Officer Changes

For those of you self hosting (or looking to self host) a security camera NVR, the latest release of Frigate is blowing my mind (well, it's a release candidate...0.17 RC1).  Used to use Arlo (paid for the pro) and it's just got nothing anywhere near what this is capable of.  It's absurd.

A warning for those of you using Scrypted NVR or similar software

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Any NVR solution that plays nice with HA?

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NVR INC

Dwight C. Schar founded NVHomes, Inc. in the Washington, D.C. metropolitan area, specializing in single-family home construction. The company was modeled after Ryan Homes, where Schar had previously worked for over a decade in various leadership roles.

NVHomes Founded by Dwight Schar

Just three years after founding, NVHomes demonstrated strong market traction and operational excellence by achieving $1 million in annual earnings, validating the business model and positioning the company for rapid expansion.

Company Reaches $1 Million in Earnings

Through consistent execution and market expansion, NVHomes grew net income to nearly $14 million, doubling earnings annually during the early 1980s and establishing itself as a significant player in the Washington D.C. homebuilding market.

Earnings Grow to Nearly $14 Million

In a transformative leveraged buyout, Dwight Schar's NVHomes acquired Ryan Homes, his former employer founded in Pittsburgh in 1948, for $312 million. The company was renamed NVR LP, instantly becoming a multi-state homebuilder with significantly expanded geographic reach and brand recognition.

Acquisition of Ryan Homes for $312 Million

On April 6, 1992, as a result of the early 1990s recession and challenges from the highly leveraged Ryan Homes acquisition, NVR and some of its homebuilding subsidiaries filed for Chapter 11 bankruptcy protection. This difficult period would ultimately lead to fundamental business model changes.

Chapter 11 Bankruptcy Filing

In September 1993, NVR successfully emerged from bankruptcy protection and completed an initial public offering on the American Stock Exchange, becoming a public company with a restructured balance sheet and refined strategic focus on asset-light operations.

Emergence from Bankruptcy & IPO

NVR acquired Fox Ridge Homes, adding that competitor's brand to its portfolio and establishing a presence in Nashville, Tennessee. The acquisition expanded NVR's geographic footprint and diversified its market exposure across the Southeastern United States.

Fox Ridge Homes Acquisition

The company reorganized as NVR Inc., establishing a holding company structure for NVR Homes and NVR Financial Services. This reorganization streamlined operations and clarified the separation between homebuilding and mortgage banking segments.

Corporate Reorganization as NVR Inc.

Dwight Schar's legendary run as CEO came to an end as he transitioned to the board and passed leadership to the company's CFO Paul Saville. This succession marked the beginning of a new era while maintaining continuity in NVR's disciplined strategic approach.

Paul Saville Becomes CEO

NVR achieved a significant operational milestone by settling over 20,000 homes annually, demonstrating the company's scale, operational capacity, and strong market position across its 36 metropolitan areas in 16 states and Washington D.C.

Surpassed 20,000 Annual Home Settlements

On May 4, 2022, Eugene J. Bredow was appointed President and CEO, succeeding Paul Saville who became Executive Chairman. Bredow, who joined NVR in 2004 and served as President of NVR Mortgage since 2019, brought deep company knowledge and mortgage banking expertise to the CEO role.

Eugene Bredow Appointed CEO

NVR reported outstanding 2024 full-year results with consolidated revenues of $10.52 billion (up 11% from 2023) and net income of $1.68 billion (up 6%). The company settled 22,836 homes, an 11% increase, while maintaining approximately $2.5 billion in cash and cash equivalents.

Record Full-Year Financial Performance

NVR reported first quarter 2025 results showing net income decreased 24% and new orders decreased 12% to 5,345 units compared to Q1 2024, with cancellation rates rising to 16% from 13%. The results reflected affordability challenges and macroeconomic uncertainty affecting the housing market.

Q1 2025 Market Challenges Emerge

American home construction company based in Virginia

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