[GRAPHIC OMITTED]
                                                                    Exhibit 99.1

PRESS RELEASE


            FOR MORE INFORMATION CONTACT:   David J. Keller, EVP
            ADDRESS:      1901 Ascension Blvd., Suite 100, Arlington, TX 76006
            PHONE:          (817) 856-8200
            DATE:              April 20, 1998              FOR IMMEDIATE RELEASE

             D.R. HORTON, INC./CONTINENTAL HOMES MERGER CONSUMMATED

     ARLINGTON,  TEXAS -- D.R. Horton,  Inc.  (NYSE:DHI) Monday (April 20, 1998)
announced  stockholders of D.R. Horton, Inc. and Continental Homes Holding Corp.
(NYSE:CON) have approved the merger of Continental  into Horton,  and the merger
became effective on April 20, 1998.  Continental  stockholders will receive 2.25
shares of Horton common stock in exchange for each share of  Continental  common
stock.  Exchange  instructions  and  letters  of  transmittal  will be mailed to
Continental stockholders shortly.

     D.R.  Horton,  Inc.,  one  of the  largest  companies  in the  homebuilding
industry, is engaged in the construction and sale of high-quality, single-family
homes designed principally for the entry- level and move-up markets. The Company
builds and sells homes in 21 states and 36 markets,  with a geographic  presence
in the Midwest, Mid-Atlantic,  Southeast,  Southwest, and Western regions of the
United States.




                    WEBSITE ADDRESS: http://www.DRHORTON.com