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Author: Bob Longworth
Sep 25, 2018 at 11:50am

Toll Brothers’ record shows the American housing boom has no end in sight!

 

Unemployment keeps falling and home prices keep going up. It’s a great recipe for a strong housing market.

Nothing has been able to stop the housing boom — not even higher interest rates.

Higher rates do not seem to be an issue for prospective buyers, mainly because the job market remains strong and housing prices are rising.

Toll Brothers executive chairman Robert Toll said the company believes the new home market can continue to grow in the coming years — especially as people seek to cash in on the rising value of their current home and trade up.

As the value of people’s homes increases, empty nesters and homeowners looking for bigger houses have more equity to work with, Toll said in the company’s press release. He also expects those two groups and Millennials will fuel demand for new homes in the coming years.

The results are the latest sign that the recent homebuilder stock slump may have been an overreaction. Investors feared that rate hikes would weaken demand for homes. That hasn’t happened yet.

Looking for new construction homes in Scottsdale?  Please look below:

Scottsdale New Construction

74 matches found

$550,000
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 3081
Year Built: 1987
Subdivision: SWEETWATER RANCH ESTATES 2
Description: BACK ON THE MARKET AFTER A SUMMER AWAY, PLEASE IGNORE DAYS ON MARKET, JUST ...
Last Updated: October - 15 - 2018
$550,000
17657 N 77TH Place, Scottsdale, AZ 85255
View Photos (23)Virtual Tours (1)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 2318
Year Built: 2014
Subdivision: PRINCESS TOWNHOMES
Description: Luxury 3 bedroom 3 bath Townhome in the heart of North Scottsdale. Located ...
Last Updated: October - 13 - 2018
$750,000
16510 N 92ND Street, 2003, Scottsdale, AZ 85260
View Photos (7)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 2365
Year Built: 2018
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Beautiful new loft home in the premiere SOHO Scottsdale community! New comp...
Last Updated: October - 12 - 2018
$499,900
16510 N 92ND Street, 1018, Scottsdale, AZ 85260
View Photos (48)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 3
Square Footage: 2364
Year Built: 2017
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Incredible new townhome with rooftop deck in the premiere SOHO Scottsdale c...
Last Updated: October - 12 - 2018
$485,000
16510 N 92ND Street, 1008, Scottsdale, AZ 85260
View Photos (17)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 2243
Year Built: 2017
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Incredible new townhome with a rooftop deck in the premiere SOHO Scottsdale...
Last Updated: October - 12 - 2018
$595,000
16510 N 92ND Street, 1004, Scottsdale, AZ 85260
View Photos (20)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 5
Square Footage: 3094
Year Built: 2017
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Incredible new townhome with rooftop deck in the premiere SOHO Scottsdale c...
Last Updated: October - 12 - 2018
$750,000
Welcome home!
View Photos (62)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 3134
Year Built: 2017
Subdivision: WINDGATE RANCH PHASE 1 PARCEL C
Description: Beautiful 4 bedroom 3 bath 3,134 S.F. home in Wingate Ranch. Gracious livi...
Last Updated: October - 12 - 2018
$537,500
9850 E MCDOWELL MOUNTAIN RANCH Road N, 1006, Scottsdale, AZ 85260
View Photos (35)
Open House (10/15/2018 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1700
Year Built: 2018
Subdivision: GRAYTHORN CONDOMINIUM
Description: BEAUTIFUL NEW COMMUNITY OF ALL SINGLE-LEVEL PATIO HOME-STYLE CONDOMINIUMS I...
Last Updated: October - 12 - 2018
$410,000
30423 N 162nd Way, Scottsdale, AZ 85262
View Photos (19)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2446
Year Built: 2018
Subdivision: NO HOA
Description: NEW BUILD AND MOVE-IN READY. Morgan Taylor Homes designed/constructed arou...
Last Updated: October - 12 - 2018
$650,000
10080 E Ironwood Drive, Scottsdale, AZ 85258
View Photos (25)Videos (1)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1863
Year Built: 1986
Subdivision: LAS BRISAS UNIT 1 AT, SCOTTSDALE RANCH
Description: Premium Cul-de-sac Lake View Lot in the exclusive gated community of Las Br...
Last Updated: October - 12 - 2018

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