Bellwether Report.com is Doing Due Diligence on Pulte Homes Inc.

0 Comments | M2 Presswire, October, 2006

M2 PRESSWIRE-10 October 2006-bellwetherreport.com: Bellwether Report.com is Doing Due Diligence on Pulte Homes Inc.(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:10102006 The Bellwether Report Takes Notice of Pulte Homes Inc. (Nyse:PHM) Plosive Pulte Homes is the #2 homebuilder (by units) in the US, behind leader D.R.

Horton and ahead of Lennar. Pulte builds single-family houses (about 80 of total unit sales), duplexes, townhouses, and condominiums at prices from $62,000 to almost $2.4 million, but most fall in the $100,000 to $350,000 range; the average is $315,000. Pulte also builds Del Webb active adult communities mostly in traditional Sunbelt locales for the growing market of buyers in the 50-plus age range. The company markets its homes in the US...