8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

April 8, 2004

(Date of Report—Date of Earliest Event Reported)

D.R. Horton, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware	1-14122	75-2386963
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1901 Ascension Boulevard, Suite 100, Arlington, Texas 76006

(Address of Principal Executive Offices)

(817) 856-8200

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

TABLE OF CONTENTS

	Item 7. Financial Statements and Exhibits.
	Item 12. Results of Operations and Financial Condition.
SIGNATURE
EXHIBIT INDEX
Press Release

Item 7. Financial Statements and Exhibits.

(c) Exhibits:

99.1 Press Release dated April 8, 2004 related to the Company’s Net Sales Orders for the second quarter ended March 31, 2004.

Item 12. Results of Operations and Financial Condition.

     On April 8, 2004, D.R. Horton, Inc. issued a press release announcing its Net Sales Orders for the second quarter ended March 31, 2004. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in its entirety into this Item 12.

     The information furnished in this Item 12 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 8, 2004

D. R. Horton, Inc.
By:	/s/ Bill W. Wheat
	Bill W. Wheat
	Executive Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit
Number	Exhibit
99.1	Press Release dated April 8, 2004 (filed with this report).

EX-99.1

Exhibit 99.1

Stacey H. Dwyer, EVP         

1901 Ascension Blvd., Suite 100, Arlington, TX 76006

817-856-8200

April 8, 2004

D.R. HORTON, INC. REPORTS SECOND QUARTER NET SALES ORDERS OF $3.3 BILLION, A 37% INCREASE AND THE HIGHEST QUARTERLY SALES IN COMPANY HISTORY

     ARLINGTON, TEXAS - D.R. Horton, Inc. (NYSE:DHI) Thursday (April 8, 2004), reported the highest quarterly net sales orders in Company history. Net sales orders for the second quarter ended March 31, 2004 increased 37% to $3.3 billion (13,480 homes), compared to $2.4 billion (10,548 homes) for the same quarter of fiscal 2003. Net sales orders for the first six months of fiscal 2004 increased 30% to $5.4 billion (21,714 homes), compared to $4.1 billion (17,800 homes) for the same period of fiscal 2003.

     Donald R. Horton, Chairman of the Board, said, “Sales in March totaled $1.3 billion, the highest for any month in Company history, which contributed to the record sales for the quarter. Our strong sales and record sales backlog position the Company for another record year in fiscal year 2004.”

     Founded in 1978, D.R. Horton, Inc. is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. D.R. Horton currently builds and sells homes in 21 states and 51 markets, with a geographic presence in the Midwest, Mid-Atlantic, Southeast, Southwest and Western regions of the United States. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.

     Portions of this document may constitute “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Although D.R. Horton believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to D.R. Horton on the date this release was issued. D.R. Horton does not undertake any obligation to

publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statement in this release relates to our strong sales and record sales backlog positioning the Company for another record year in fiscal 2004. Factors that may cause the actual results to be materially different from the future results expressed by the forward-looking statements include, but are not limited to: changes in general economic, real estate and business conditions; changes in interest rates and the availability of mortgage financing; governmental regulations and environmental matters; changes in income tax laws affecting mortgage interest deductibility; the Company’s substantial leverage; competitive conditions within the industry; the availability of capital to the Company on favorable terms; the Company’s ability to integrate acquisitions and successfully effect the cost savings, operating efficiencies and revenue enhancements that are believed available and otherwise to successfully effect its other growth strategies. Additional information about issues that could lead to material changes in performance is contained in D.R. Horton’s annual report on Form 10-K and most recent quarterly reports on Form 10-Q, which are filed with the Securities and Exchange Commission.

WEBSITE ADDRESS: www.DRHORTON.com

D.R. HORTON, INC.
($’s in millions)

NET SALES ORDERS

	Three months ended March 31,
	2003				2004
	Units		$'s		Units		$'s
Mid-Atlantic		993	$	215.1		1,034	$	277.3
Midwest		522		140.7		620		175.1
Southeast		1,152		215.5		1,758		365.0
Southwest		4,473		740.2		5,435		906.1
West		3,408		1,128.0		4,633		1,610.3
		10,548	$	2,439.5		13,480	$	3,333.8

	Six months ended March 31,
	2003				2004
	Units		$'s		Units		$'s
Mid-Atlantic		1,714	$	361.0		1,749	$	444.0
Midwest		951		247.6		1,031		300.3
Southeast		2,101		385.4		2,931		616.6
Southwest		7,244		1,209.1		8,715		1,460.9
West		5,790		1,934.9		7,288		2,545.7
		17,800	$	4,138.0		21,714	$	5,367.5