Things are bad for Pulte Homes
25%
One in four homeowners indicated Pulte’s warranty does not provide an adequate level of consumer protection against construction defects.
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Homebuilders had a rough year in 2007, especially Pulte Homes, Inc.—builder of “Pulte,” “Del Webb” and “DiVosta” brand homes. Pulte’s stock value plummeted. In January 2007, the firm’s stock traded at over $30 per share. One year later, it had tumbled to roughly $10 per share.
Credit rating agencies Moody’s and Standard and Poor’s downgraded Pulte debt to junk bond status last fall. Read the report .
Defective Construction
Investors and subprime borrowers aren’t the only ones who have been burned lately. New homebuyers’ voices have been drowned out in the media storm surrounding the industry’s woes. The experiences of some new Pulte homebuyers indicate another emerging problem—defective
construction.
www.PoorlyBuiltbyPulte.info
Current and prospective owners of poorly built homes by Pulte need a place to go. To organize. To share information. To compare notes. To tell their stories. www.PoorlyBuiltbyPulte.info is that place.
Expanding the Survey
 Our interactive Web site allows Pulte homeowners across the country to complete a survey. We will be able to update our statistics and continue to pressure Pulte Homes to correct construction defects.
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On-line Community
 Pulte and Del Webb homeowners are invited to join our growing on-line community. Their stories will be told. Their photos displayed. And their home “horror” movies posted on YouTube can be shared.
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Tracking Pulte
 We will post the latest news as well as links to services across the country where unhappy homeowners can seek relief.
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