PulteGroup, Inc. on Thursday reported net income of $273 million, or $0.83 per share, for the fourth quarter ended Dec. 31. The gain, which included $0.16 per share of insurance and income tax benefits, compared with net income of $228 million, or $0.64 per share, included $0.07 per share of benefits associated with the reversal of certain mortgage and insurance reserves, for the prior-year quarter.
Although the NAHB index of homebuilder sentiment slipped a point in January to 57, it has stayed buoyed at relatively high levels with readings above 50 for the past seven
John McManus from Builder Magazine makes 15 bold predictions for the homebuilding industry next year. A few of the more interesting ones – twenty plus homebuilder M&A deals, re-emergence of
The merger between Standard Pacific Corp. and the Ryland Group Inc. is now officially complete. The combined entity will operate under the name CalAtlantic Group in a reflection of its
