Pulte Homes

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Ryland, Pulte Continue to Struggle

Oct 22, 2008By

Via MarketWatch: [Ryland] took pretax charges of $60.4 million for inventory valuation adjustments. New orders dropped 31.6%. The company said its inventory of unsold homes stood at 719 units at the end of September, down 12.6% from the end of 2007… (At Pulte) Net new home orders for the quarter totaled 3,008 homes, a 34% decline from the same period a year ago.

3d rendering of a row of luxury townhouses along a street

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