PulteGroup, Inc.(NYSE:PHM) seeks acquisitions. PulteGroup expect land acquisition spend in 2017 to be approximately $1.1 billion. PulteGroup spokesperson said "We are out in the market, we are looking for opportunities. Certainly, valuation comes into play when we are looking at M&A. No different than we would not overpay for a piece of raw land, we don't want to overpay for a potential acquisition either.