What Are Centex Homes?

Centex homes are houses that are built and/or sold by Centex, a subsidiary of PulteGroup Inc., which is a leader in energy-efficient home building, as stated by Centex. The company also claims that its homes are up to 30 percent more energy efficient than the average existing home.

Centex homes are builder-backed and include a one-year warranty that covers minor repairs, a five-year leak protection warranty and a 10-year structural warranty, the company website states. Centex homes utilize open flow through layouts that are optimal for entertaining. Many Centex home designs include "Flex Space," which provides the option for rooms to serve as different functional spaces. Centex homes also feature spacious rooms with sufficient storage space to reduce clutter.

Centex Corporation was acquired by its previous rival Pulte Homes in 2009, reports Reuters. As of July 2015, PulteGroup is the industry's sole multi-brand home building company, according to its website. PulteGroup's brand Centex Homes is primarily geared toward first-time home buyers. PulteGroup also includes Pulte Homes for home buyers in the move-up market and Del Webb for home buyers who are 55 and older. PulteGroup Inc. was founded by William J. Pulte in 1950, when he built a Detroit home with help from some high school friends.