Description

PulteGroup, Inc. primarily operates as a leading homebuilder across the United States, conducting its business through various subsidiaries. The company's core activities involve the acquisition and development of land parcels specifically earmarked for residential construction, followed by the building of homes on these sites. A diverse portfolio of residential designs is offered, ranging from detached single-family houses and townhouses to condominiums and duplexes. These homes are marketed under several well-known brands, including Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods. As of December 31, 2021, PulteGroup managed a substantial land inventory, controlling 228,296 lots. Of these, 109,078 were directly owned, while an additional 119,218 were secured through land option agreements. Beyond construction, PulteGroup provides complementary financial services to its homebuyers. This includes facilitating the origination of mortgage loans, subsequently selling the associated servicing rights, and offering essential title insurance policies alongside examination and closing support. The enterprise, established in 1950 and headquartered in Atlanta, Georgia, underwent a name change in March 2010, transitioning from its previous designation of Pulte Homes, Inc. to its current identity, PulteGroup, Inc.