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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

70 matches found

$159,900
7510 E THOMAS Road, 220, Scottsdale, AZ 85251
View Photos (51)
Property Type: Residential
# of Bedrooms: 1
# of Bathrooms: 1
Square Footage: 832
Year Built: 1984
Subdivision: CRYSTAL SPRINGS 2 AMD
Description: All NEW stainless steel appliances have been added to the kitchen - refrige...
Last Updated: October - 19 - 2019
IDX
$537,000
16510 N 92ND Street, 1006, Scottsdale, AZ 85260
View Photos (42)
Open House (10/19/2019 - 11:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 3
Square Footage: 2364
Year Built: 2019
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Incredible new townhome with rooftop deck in the premiere SOHO Scottsdale c...
Last Updated: October - 18 - 2019
IDX
$495,000
16510 N 92ND Street, 1011, Scottsdale, AZ 85260
View Photos (15)
Open House (10/19/2019 - 11:00 am)
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 - 18 - 2019
IDX
$695,000
16580 N 92ND Street, 2001, Scottsdale, AZ 85260
View Photos (14)
Open House (10/19/2019 - 11:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 2000
Year Built: 2017
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Beautiful new loft home corner unit in the premiere SOHO Scottsdale communi...
Last Updated: October - 18 - 2019
IDX
$449,999
6990 E 6TH Street, 1013, Scottsdale, AZ 85251
View Photos (24)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1510
Year Built: 2015
Subdivision: AERIUM TOWNHOMES CONDOMINIUM
Description: Great opportunity to buy in the heart of Old Town Scottsdale! Enjoy this co...
Last Updated: October - 18 - 2019
IDX
$209,900
20100 N 78TH Place, 2128, Scottsdale, AZ 85255
View Photos (25)
Property Type: Residential
# of Bedrooms: 1
# of Bathrooms: 1
Square Footage: 942
Year Built: 2001
Subdivision: EDGE AT GRAYHAWK CONDOMINIUM
Description: Rare Find. Private location with Garage located directly below the property...
Last Updated: October - 18 - 2019
IDX
$699,995
17704 N 77TH Place, Scottsdale, AZ 85255
View Photos (21)
Open House (10/20/2019 - 11:30 am)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3.5
Square Footage: 2824
Year Built: 2016
Subdivision: PRINCESS TOWNHOMES
Description: ***Being Sold Fully Furnished. This is an exclusive luxury 3 Bedroom-3.5 Ba...
Last Updated: October - 18 - 2019
IDX
$900,000
19442 N 84TH Street, Scottsdale, AZ 85255
View Photos (60)
Open House (10/19/2019 - 11:00 am)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2423
Year Built: 2001
Subdivision: GRAYHAWK
Description: Complete high-end remodel ! This home was taken down to the drywall and sla...
Last Updated: October - 17 - 2019
IDX
$539,999
Master Bathroom
View Photos (43)
Open House (10/19/2019 - 11:00 am)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 2.5
Square Footage: 2472
Year Built: 1991
Subdivision: DESERT SHIRES REPLAT AMD LOT 1-91
Description: Meticulously renovated home a bike rides away from Mayo Clinic in this no H...
Last Updated: October - 17 - 2019
IDX
$561,800
3106 N 70TH Street, 2006, Scottsdale, AZ 85251
View Photos (48)
Open House (10/20/2019 - 12:30 pm)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1960
Year Built: 2019
Subdivision: MUZE TOWNHOMES CONDOMINIUM
Description: OUR LAST ONE! Spectacular New Construction. 2 story end unit loft/townhome ...
Last Updated: October - 17 - 2019
IDX

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