Luxury Home Builders Take A Gamble As Inventories Decline

Some developers are taking a gamble by building multimillion-dollar speculative homes — those that don’t have a buyer lined up — in posh areas across the country, Forbes.com reports.

Toll Brothers Acquire 180 Acres in Katy,Texas

Toll Brothers Inc. have recently bought 180 acres in Katy, Texas, which is the first and largest raw land contract for this national home-builder since they entered the Houston market in 2009. This latest property will be called Silver Oak, and luxury home builders Toll Brothers intend to build 305 homes, with building predicted to

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