Pulte Homes Inc. has posted yet another loss during the third–quarter, but the company has given upbeat guidance for next quarter. The major reason for the reported loss seems to be the cost put into the purchase of Centex Corp., a deal which was closed in August.

In spite of the increase in the loss, the housing market has stabilized and is adding fuel to the demands of the buyer. It was reported that Pulte had recorded a loss of about $361.4 million which amounts to about $1.15 a share in the third - quarter, which ended in September.

The revenue was found to have dropped by about $0.5 billion when compared to the year before. However, Pulte is optimistic about the future as its Centex deal is expected to create waves in the currently beaten down industry and there is hope as the orders increased by 35 per cent compared to the figures of the previous year.

The home – building revenue has dropped by 31 per cent and closings by 23 per cent and the selling price also fell by 10 per cent. The results of surveys conducted by analysts indicate that there would be a further drop in the value of share prices by 69 cents.