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In the News: Pulte Raises Prices on New Homes
After having cut prices for months on many of its properties because of slowed sales, Pulte Homes has announced price increases in some of its new home communities, including some in areas where home prices continue to fall.

A spokesman for Pulte homes says new-home inventory is declining with few or no new homes planned in many communities in the coming years.

"When we look at all of this combined, and how the market has been reacting positively to our offerings, we’re responding accordingly and beginning this Saturday, we’ll be adjusting pricing slightly to reflect this position in the market," a spokesman wrote in e-mail correspondence.

Source: South Florida Sun-Sentinel (10/30/08)