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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 is building a new 210-townhome gated community called Everton near Hypoluxo Road and South Military Trail. The developer was able to assemble 27 acres from five different property owners.
The Del E. Webb Construction Company was a construction company that was founded in 1928 and developed by Del Webb.Headquartered in Phoenix, Arizona, United States, it became the Del E. Webb Corporation a publicly traded company on the New York Stock Exchange in 1960.
PulteGroup reported first quarter earnings of $3.10 per share on revenue of $3.95 billion. Wall Street analysts had expected earnings of $2.36 per share on revenue of $3.58 billion.
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.
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