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Good Time To Enter Into Housing Market, Says a Survey Done By Pulte Group Inc. (NYSE:PHM)

Boston, MA 05/07/2014 (wallstreetpr) – Pulte Group Inc. (NYSE:PHM), one of the largest house building and ownership companies of US had recently surveyed 1004 adults to know their sentiments about the real estate industry of United States of America. This company has been a pioneer in the area of real estate since past 60 years and the survey done by it can change the market spectrum in coming days.

The survey report says that out of all the adults who were surveyed, 74% think that the economy of USA has remained still or consistent for a period of over one year. As a result of which, more than 57% adults think that this is the best time to enter into the property business and one should explore market conditions in every way possible.

Pulte Group Inc. (NYSE:PHM) has done excellent job in past one year when it comes to price to sales. The price to sales ratio of the company was calculated as 1.26 times. Other than this the price to cash ratio as 5.59, which is way more than what market experts forecasted.

As a real estate industry has started bolstering up, the coming months will surely be very crucial for the company. If given enough attention to the market conditions, and stick to basics than making new records will not be a tough job. Experts have suggested that the size of real estate industry will increase by a decent margin in months to come, so there are ample opportunities available for everyone.  Pulte Group Inc. (NYSE:PHM)Knows the seriousness of the market, and, therefore, they are ready with new plans. Initially they are aiming for 278 new residential homes in Santa Clarita Valley’s Plum Canyon area which is considered as one of the best locations for such developments. Further announcements regarding real estate development will be made in few days’ time.

Published by Duncan Oleinic

Duncan Oleinic is from New Yourk. After graduating with a degree in physics, he began his career as an analyst in a broking firm. Through this experience he was able to advance to the role of correspondent for a U.S based financial news provider, where he worked from 2001 to 2007. He subsequently joined a merchant banking firm as a financial analyst focused on valuing unlisted companies in the sub-continent. Over the course of his two years here, he performed valuations of several media companies which were later acquired by peers.



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