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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]
Separately, by buyer group, fourth quarter orders to first-time buyers declined 28% to 1,574 homes, while move-up buyer orders by 56% to 1,241 homes, and active adult buyers declined 36% to 1,149 ...
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PulteGroup says a chronic housing shortage in the US presents the homebuilder with an opportunity to grow its market share. (AP Photo/Matt York) (ASSOCIATED PRESS)
Earnings per share for the homebuilder's fiscal first quarter came in at $2.35, beating the $1.80 expected by analysts.
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]
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