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Tech Layoffs Drag on Seattle-Area New-Home Demand, D.R. Horton Flags as Q3 Profit Slips

July 27, 20263 Mins read242
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D.R. Horton executives pointed to a wave of software-industry layoffs around Seattle as a leading drag on new-home demand in the Pacific Northwest, one soft spot in a fiscal third quarter that still delivered $3.20 in diluted earnings per share and a gross margin above the company's own forecast. The Puget Sound has become one […]

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