Lumber price drop will save $40K per home, but buyers are unlikely to see it

Toll Brothers Chief Executive Doug Yearley has said the recent fall in lumber prices is helping builders realize some significant savings in terms of the cost of building new homes. But home buyers won’t see those savings, as they’re only helping to offset the rising costs of other building materials, he said. Yearley told CNBC’s

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10 Superstar Agencies Rocking Instagram

Once considered something of a novelty for agents, Instagram has emerged as one of the best ways to market properties and garner leads.

Housing market slowdown takes its toll on luxury homes

Financial experts are warning that the luxury housing market is at risk of slowing down, due to higher mortgage rates that have also affected other segments of the real estate market. This week, luxury homebuilder Toll Brothers reported that its seen a 13 percent drop in the number of signed contracts for homes in its

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Toll Brothers CEO says delaying marriage could help housing

Americans are waiting longer before they get married, and that has led some housing industry experts to predict that this will lead to a delay in homeownership. But the Chief Executive of Toll Brothers, Douglas C. Yearley, begs to differ

Demand Returns for Huge Luxury Homes

As the housing market recovers it looks as if the demand for enormous luxury homes is returning. According to the article in the NYTimes.com, the market for these types of homes declined after the recession. Figures from the National Association of Realtors showed that by July 2008 the number of homes selling for between three

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Taylor Morrison and Toll Brothers Plan New Development in Leander

Taylor Morrison of Texas and Toll Brothers, have purchased more than 2,100 acres of land in Leander, Texas, from Texas-based The Lookout Group. The land is situated adjacent to Crystal Falls, and the new master-planned community will be named Travisso. It is being brought to market through a partnership between Taylor Morrison and Toll Brothers by summer next year.

Home Builders Struggling Against The Tide

Figures for new home sales in 2011 are on track to reach a record new low, says the Wall Street Journal. Following a peak in 2005, when 1.3 million units were sold, the annual rate as recorded in July was just 298,000 units. Most home building companies are struggling to compete with the tidal wave of

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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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