Toll Brothers boosts incentives as home orders fall

'Significant decline in demand:' Toll Brothers boosts buyer incentives as home orders fall by 60%

bizjournals bizjournals | 1 year ago

The Fort Washington home builder may deliver 2,000 less homes than it originally expected in the current fiscal year as market softening, supply chain issues and labor shortages take their toll on the company.

Wells Fargo downgrades Toll Brothers as new home demand slides

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

After booming in the second half of 2020 and 2021, the homebuilding market appears to be coming to a halt.

Builder D.R. Horton steps up buyer incentives as demand slows

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

D.R. Horton Inc. tempered its expectations for home sales and said it’s granting more buyer incentives to help navigate a slowdown in demand. The company expects to deliver 83,000 to 85,000 homes in its full fiscal year, according to its earnings statement Thursday, down from its previous projection of 88,000 to 90,000 homes. D.R. Horton’s deal cancellation rate for the three months through June rose to 24% from 17% a year earlier as soaring mortgage rates caught buyers by surprise. Fortu...

Toll Brothers homebuilder buys 250-acre parcel near San Tan Mountains

bizjournals bizjournals | 2 years ago

A national builder that is already active in the southeast Valley has scooped up another 250 acres with plans to build more homes. Here's what's in store for a swath of picturesque land near San Tan Regional Park.

Robert Toll, co-founder of Toll Brothers, dies at 81

housingwire housingwire | 1 year ago

Robert Irwin Toll, co-founder of Toll Brothers who also served as its former chairman and CEO, died Friday at his home in New York. Toll, who co-founded the large nationwide development firm alongside brother Bruce in 1967, was 81 and had Parkinson’s disease. Toll started the company after graduating from the University of Pennsylvania law […] The post Robert Toll, co-founder of Toll Brothers, dies at 81 appeared first on HousingWire.

Robert Toll, co-founder of Fortune 500 homebuilder Toll Brothers, dies

bizjournals bizjournals | 1 year ago

Founded in 1967, the Fort Washington company ultimately grew to become the nation's leading builder of luxury homes.

bizjournals bizjournals | 1 year ago

Robert I. Toll, who co-founded homebuilding giant Toll Brothers Inc. and went on to become a noted philanthropist, died at the age of 81, the company said Friday. Toll died following a long battle with Parkinson's disease, according to a statement from the company. He founded Fort Washington, Pennsylvania-based Toll Brothers with his brother, Bruce Toll in 1967, ultimately growing it into a Fortune 500 company and the nation's leading builder of luxury homes. In Greater Washington, Toll typical...

Luxury homebuilder Toll Brothers to open gated community in Conroe

bizjournals bizjournals | 1 year ago

Homes at Teaswood Avenue, 3 miles from Lake Conroe, start in the upper $500,000s.

Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop in mortgage applications.

Toll Brothers buys land for apartments near Legacy Sports park in Mesa

bizjournals bizjournals | 1 year ago

This Pennsyvania-based builder has been steadily buying land to build more homes across the Valley. Here's a quick look at its latest purchase and planned development.