We had numerous major problems that we didn’t notice until after we moved in. The shower in one of the bathrooms didn’t work, one of the plumbing pipes in the attic wasn’t secured down, the dishwasher wasn’t wired properly, and the master tub had to be replaced because the wrong one was put in which left a gap between the tub and the counter.

-An Anthem Parkside homeowner

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Things are bad for Pulte Homes

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

Pulte home ceiling. Sahuarita, Ariz.

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.