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December 3, 2009

Centex switches gears, builds ‘opportunistically'

  • In the Northwest, the builder of mostly entry-level homes is focusing on smaller developments.
    • By JON SILVER
    Journal Staff Reporter

    Photo courtesy of Pulte Homes [enlarge]
    Centex is developing Sinclair Woods in Bothell. It has other homes for sale in Auburn, Marysville and DuPont.

    THE AUGUST MERGER of Centex Corp. and Pulte Homes created the nation's largest homebuilder, but shock waves from the $1.3 billion deal will be slow to reach the Northwest.


     
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