Pulte Group outline
Pulte Group, Inc is a new home construction company founded in1950 by an18-year-old William “Bill” Pulte and his high school friends. This fortune 500 company started with a bungalow in the nearby city of Detroit, MI. 60 years later Pulte Group is the third-largest home construction builder in the United States. Committed to “we build consumer-inspired homes and communities to make lives better (Find Your New Home With | New Home Builders, 2021).
An incorporated and publicly traded new home builder since 1972. In their latest 2020 annual report, the builder sales revenue was $10.6billion. Experiencing growth in net income from $9.9 billion in 2019 in spite of the challenges due to Covid 19 pandemic. Their strategic business approach to their operations resulted in effectively transitioning their team members to working remotely which includes 900 people from their financial service team adapting to managing the business virtually. From sales, construction, and mortgage professionals with a focus to keeping business progressing forward.
Pulte Group, Inc. investor relations report |
Pulte's mission believes in treating people well, do business with integrity and excellence, and practicing good stewardship of the environment. The homebuilder is committed to innovating sustainable practices, providing superior construction, building a diverse, respectful team, and raising the bar on the overall home buying experience.
Bill Pulte's dream was to build homes. For 60 years Pulte Group has built more than 750,000 homes throughout the United States. And expanded its business through mortgage lending, title & escrow services, and homeowners insurance (Trainer et al., 2022).
Pulte diversified its real estate portfolio through seven trustworthy and recognized brands to offer Life Tested homes ready to meet buyers' needs and wants. Their Life Tested home designs are created by actual homeowners feedback this allows them to provide effective spaces in every home. Whether it be first-time homebuyers, move-up buyers, or active adults there is a home suitable to meet a diversity of lifestyle and purchase prices.
Business Wire. (2020). Https://Www.Pultegroupinc.Com/Investor-Relations/Press-Releases/Press-Release-
Details/2021/Buying-Your-New-Home-Is-Now-Literally-a-Click-Away/Default.Aspx.
https://www.businesswire.com/news/home/20210708005089/en/
Find Your New Home With | New Home Builders. (2021). Pulte. https://www.pulte.com/
PulteGroup, Inc. - About Us - PulteGroup History. (2022). PulteGroup.Com
https://www.pultegroupinc.com/about-us/pultegroup-history/default.aspx
https://www.pultegroupinc.com/investor-relations/financial-information/annual-reports/default.aspx
https://www.responsibilityreports.com/HostedData/ResponsibilityReports/PDF/NYSE_PHM_2018.PDF#:~:text=We%20believe%20in%20treating%20people,the%20overall%20home%20buying%20experience.Trainer, D., Dobosz, J., Dobosz, J., Dobosz, J., Dobosz, J., Dobosz, J., Dobosz, J., Sarubbi, B., Channel, D., Channel, D., Channel, D., Channel, D., Channel, D., Channel, D., Science, N., & Channel, D. (2022, January 25). PulteGroup (PHM). Forbes. https://www.forbes.com/companies/pultegroup/?sh=628866082773
Homes, P. (2020, January 22). Smarter Spaces, Smarter Living | Pulte Homes. YouTube. https://www.youtube.com/watch?v=21JtcLLghxg&feature=youtu.be
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