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In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. [11] In 2003, the company acquired Sivage-Thomas Homes. [12] In 2009, the company acquired Centex for $1.3 billion in stock. [13] [14] In August 2014, the company acquired the real-estate assets of Dominion Homes for $82 million. [15]
Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes. [1] Pulte Homes since merged with Centex Corp. and became PulteGroup. [2] Del Webb continues as a brand of PulteGroup. [3] [4]
The homebuilder reported a backlog of 12,169 homes valued about $7.7 billion, down from last year’s backlog of 18,003 homes with a value of $9.9 billion.
William John Pulte (May 16, 1932 – March 7, 2018) was the founder and chairman of PulteGroup, one of the largest home construction and real estate development companies in the United States. Early life
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The improved sentiment comes as home prices remain near all-time highs and mortgage rates have climbed since September to average around 6.7%.They're down slightly from as high as 6.84% in recent ...
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