Content about Pulte Homes

Pulte Homes has announced the completion of the new 1,956-sq.-ft. home addition to Aimee Copeland’s home, called Aimee's Wing, which took 25 days to complete. Copeland is the young woman who developed a rare bacterial infection called necrotizing fasciitis. She suffered from multiple amputations and is now facing a number of health issues. 

Pulte Homes has signed on as the builder of a new 1,956-sq.-ft. home addition for Aimee Copeland, the young woman who developed a rare bacterial infection called necrotizing fasciitis. She suffered from multiple amputations and is now facing a number of health issues. 

The home builder expects the addition to be completed within 40 days, when Copeland returns home from rehabilitation. 

A majority of renters who have been considering a home purchase intend to do so within the next two years, according to a survey conducted by home builder PulteGroup.

Among the top reasons renters indicated they have increased their interest in buying a home include:

• They like being able to call themselves homeowners (49%);
• They view it as a good financial investment (44%); and
• They need more space for their family/kids (36%).

Pulte Group, one of the nation’s largest home builders, reported a net loss of $55 million for its second fiscal quarter, which ended on June 30. This compares with a net income of $76 million in the same quarter a year ago. 

Pulte’s second-quarter results included $41 million of land, mortgage, organizational restructuring and debt repurchase charges. Prior-year results included $48 million of the same costs, offset by a net benefit from income taxes of $82 million.

Bloomfield Hills, Mich.-based home builder PulteGroup reported a fourth-quarter net loss of $165 million, compared with a net loss of $117 million in the prior-year quarter. The loss for the quarter ended Dec. 31, 2010, includes $196 million in land-related charges and costs associated with organizational restructuring, debt pay-down and other financing amendments.

Consolidated revenue for the fourth quarter totaled $1.2 billion, down 29% from prior-year revenue of $1.7 billion.