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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]
PulteGroup paid $22 million for about 36.5 acres of land denoted in red on Lake Worth Road and south of State Road 7 to build it's new 108-home Antica development.
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 ...
PulteGroup ended the quarter with a backlog of 13,129 homes, down 34% from the previous year, beating expectations from analysts of 12,487 homes. The average sales price in backlog was $608,000, a ...
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]
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
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.
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.
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