Fulton Homes investing $300M in new home construction in southeast Valley

Doug Fulton

Disclosure: Rose Law Group represents Fulton Homes

By Angela Gonzales | Phoenix Business Journal

Tempe-based Fulton Homes is investing $300 million to develop homes in the Phoenix area, with most of them in the southeast Valley.

“That’s without one model being opened and one house closing,” said Doug Fulton, CEO of Fulton Homes. “People ask me, ‘Do you gamble?’ I’m in the home-building business. I gamble — I don’t know where interest rates are gonna go. Anything can happen.”

The family-owned business owns and controls more than 6,000 lots in the Phoenix area, he said.

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