Townhomes Climb to 16% of D.R. Horton’s Mix as Builder Shrinks Homes to Hit Monthly Payments

Duplexes and townhomes have climbed to about 16 percent of D.R. Horton’s closings from 10 percent a year ago, as the nation’s largest homebuilder shrinks its product to keep monthly payments within reach and its executives call out local resistance to smaller lots as a key barrier to affordability.