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PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. [3] [4] In total, the company has built over 775,000 homes. [1]
In 1950, just after graduating high school, Pulte and 5 friends built a 5-room bungalow near Detroit City Airport, which they sold for US$10,000. [3]In 1956, he founded William J. Pulte Inc. [4] In 1959, he built his first subdivision, Concord Green in Bloomfield Hills. [1]
PulteGroup said home closings rose 11% to 7,095 in the first quarter from the year-earlier period. Average sales price fell 1% to $538,000.
PulteGroup shares rose more than 9% on Tuesday following this report. The company reported net new orders of 3,964 homes, a 41% dip for the same period last year. The decline underscores the ...
In the fourth quarter, PulteGroup reported closings of 7,615 homes, down 14% year over year and below analysts expectations of 8,026 homes, as mortgage rates peaked in October.
[1] [2] He is the grandson of housing businessman William J. Pulte, who founded the PulteGroup construction company. [2] Pulte attended Northwestern University, where he majored in broadcast journalism and graduated in 2010. [2] [3] At Northwestern, he was a member of the Pi Kappa Alpha fraternity and served as its president. [2]
Richard Dugas Jr. (born April 4, 1965 in Lafayette, Louisiana) was the chief executive officer of PulteGroup between 2003 and 2017. Early life and education [ edit ]
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