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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, William J. 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.
MetroWest is a transit-oriented development being developed by PulteGroup (residential) and CRC (previously Clark Realty) (commercial) adjacent to the Vienna Metro station in Fairfax County, Virginia.
Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly. [8]In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH.
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