PulteGroup Survey Shows U.S. Renters' Sentiment Towards Homeownership is Improving

Tuesday May 1st 2012 07:05:46 AM

Majority of U.S. Renters Planning to Purchase Home to Do So Within Next Two Years BLOOMFIELD HILLS, Mich., May 1, 2012 /PRNewswire via COMTEX/ --Among renters who plan to purchase a home in the future, 60 percent have increased their intent to do so compared to 12 months ago, according to the recent PulteGroup Home Index (PGHI) survey issued by national homebuilder PulteGroup, Inc. (NYSE: PHM). Among this same group, 61 percent stated they intend to purchase a home within the next two years. Among the top reasons renters indicate they have increased their interest in buying a home include: They like being able to call themselves homeowners (49 percent) They view it as a good...

PulteGroup, Inc. Reports First Quarter 2012 Financial Results

Thursday April 26th 2012 06:32:40 AM

BLOOMFIELD HILLS, Mich., April 26, 2012 /PRNewswire via COMTEX/ -- Net Loss of $0.03 Per Share Compared with Prior Year Net Loss of $0.10 Per Share; Company Remains on Track for Full Year Profitability Home Sale Revenues Increased 4% to $814 Million Driven by 5% Increase in Average Selling Price Adjusted Gross Margin Increased 180 Basis Points to 18.7% SG&A Reduced by 13% to $123 Million; Falls 300 Basis Points to 15.2% of Home Sale Revenues 15% Increase in Signups to 4,991 Homes Generated from 6% Fewer Communities Unit Backlog Up 12% to 5,798 Homes With a Value of $1.6 Billion Quarter Ending Cash Balance of $1.3 Billion Up $117 Million From Year End 2011 PulteGroup,...

Road Scholar to Deliver Lifelong Learning Travel Programs to Del Webb Active Adult Communities Nationwide

Tuesday April 17th 2012 04:29:00 PM

BLOOMFIELD HILLS, MICH., April 17, 2012 — Road Scholar, the not-for-profit world leader in educational travel, and Del Webb, the nation’s largest builder of active adult communities, have joined forces to provide learning and travel experiences for Del Webb residents in more than 50 communities across 20 states. This newly forged relationship will add further value to the active, enriching lifestyle that is emblematic of the Del Webb brand. “Del Webb research and resident feedback finds that baby boomers have a strong desire to approach lifelong learning as they do life – actively,” said Deborah Meyer, chief marketing officer for PulteGroup, Del Webb’s parent company. “Through this relatio...

PulteGroup, Inc. Announces Release of First Quarter 2012 Financial Results

Thursday April 5th 2012 12:07:40 PM

BLOOMFIELD HILLS, Mich., April 5, 2012 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM) today announced that it will release its first quarter 2012 financial results before the market opens on Thursday, April 26, 2012.  The Company will hold a conference call to discuss first quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website at www.pultegroupinc.com.  To listen to the webcast, log on at www.pultegroupinc.com five minutes prior to the call.  An archive of the conference call will be available on the PulteGroup website. For call participants, the dial-in number is (866) 700-5192 (access code is 3539368...

Pultegroup Takes Home Ownership Experience to the Next Level

Friday March 2nd 2012 09:08:00 AM

Innovative Web Portal Provides Central Access Point for Homeowners and Homebuyers Bloomfield Hills, Mich., March 2, 2012 (NYSE: PHM) – Can’t remember what paint color is on your walls? Want to receive home construction updates on your cell phone or access an electronic floor plan to start thinking about where furniture will go? PulteGroup has created an innovative personal web portal for its homeowners – providing a central point of access for important and timely information. In November, PulteGroup sales consultants started sharing the new concept with new homebuyers and the homebuilder posted the portal on its Del Webb, Pulte Homes, Centex and DiVosta websites. Since then, the porta...

PulteGroup Reports Financial Results for 2011 Fourth Quarter

Thursday February 2nd 2012 06:30:31 AM

BLOOMFIELD HILLS, Mich., Feb. 2, 2012 /PRNewswire/ -- Q4 Net Income of $14 Million, or $0.04 Per Share Q4 Net Income Includes $66 Million, or $0.17 Per Share, of Mortgage, Land and Debt Repurchase Charges, Partially Offset by $39 Million, or $0.10 Per Share, of Land-Sale Gains and Tax Benefits Adjusted Q4 Home Sale Gross Margin Increases 200 Basis Points to 18.6% SG&A Reduced to $117 Million, or 10% of Home Sale Revenues 8% Increase in Q4 Net New Orders Generated from 11% Fewer Communities Completed $64 Million of Land Divestitures Repurchased $257 Million of Senior Debt in Q4; Full-Year Debt Retirements of $324 Million   Ended the Year wi...

Retired Iraq War Veteran, U.S. Air Force Captain and Family to be Given Keys to New Centex Home

Friday January 27th 2012 10:41:00 AM

BLOOMFIELD HILLS, Mich., Jan. 27, 2012 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM) -- The dream of home ownership will become a reality for retired U.S. Air Force Captain Jason Vest when he and his family receive the keys to a brand new, mortgage free home today in the Centex community of West Fork Ranch located in North Fort Worth. Through the Operation FINALLY HOME program and donations from PulteGroup, Captain Vest will now own a house in which he and his family can feel secure as they return home to Fort Worth. Photo:  (http://media.corporate-ir.net/media_files/IROL/77/77968/Vest%20Family-OFH350.jpg) Video: (http://mediasuite.multicastmedia.com/player.php?p=dbginv6c ) P...

PulteGroup, Inc. Announces Webcast of Fourth Quarter 2011 Financial Results

Thursday January 5th 2012 05:01:10 PM

BLOOMFIELD HILLS, Mich., Jan. 5, 2012 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2011 financial results before the market opens on Thursday, February 2, 2012.  The Company will hold a conference call to discuss fourth quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website at www.pultegroupinc.com.  To listen to the webcast, log on at www.pultegroupinc.com five minutes prior to the call. An archive of the conference call will be available on the PulteGroup website. For call participants, the dial-in number is (800) 510-9834 (access code is 31869...

PulteGroup Sells Select Colorado Land Assets

Thursday December 29th 2011 08:00:59 AM

Wheelock Street Capital Acquires Remaining Lots at Anthem Highlands and Anthem Ranch Communities BLOOMFIELD HILLS, Mich., Dec. 29, 2011 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM), announced today that it has completed the sale of land approved for approximately 1,500 residences in Broomfield, Colorado to Wheelock Street Capital LLC, a private real estate investment firm.  The all-cash transaction is for the remaining developed lots and undeveloped land in Anthem Colorado, a 1,700-acre master planned community in the northwest Denver metro area. The master plan includes the communities of Anthem Ranch and Anthem Highlands. Terms and conditions of the transaction were no...

Virtual Reality Meets Reality for New Homebuyers

Monday November 28th 2011 01:22:10 PM

PulteGroup Targets Tech-Savvy Consumers with Launch of Innovative iPad Application       BLOOMFIELD HILLS, Mich., Nov. 28, 2011 /PRNewswire/ -- PulteGroup, Inc. is launching a new iPad application that takes the home buying process to the next level for the tech-savvy consumer.  The new tool captures individual consumer preferences and shows home configurations in real time -- giving instant feedback on projected monthly payments and how a change in options impacts their bottom line. Typically, a homebuyer and sales associate discuss preferred new home configurations and options while sitting down at a desk.  The combination of the iPad and application make it no...