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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

82 matches found

$475,000
8757 E Monterosa Avenue, Scottsdale, AZ 85251
View Photos (24)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4.5
Square Footage: 4115
Year Built: 1969
Subdivision: Sands East Townhouse 2
Description: This is an unbelievable spacious townhouse. 4 BEDROOMS, 4.5 Baths, Downsta...
Last Updated: March - 21 - 2019
$980,130
10936 E North Lane, Scottsdale, AZ 85259
View Photos (17)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4.5
Square Footage: 3490
Year Built: 2018
Subdivision: 9 NORTH
Description: Outstanding open floorplan new construction! Dramatic vaulted Entrance Hal...
Last Updated: March - 21 - 2019
$429,995
3233 N 70TH Street, 1015, Scottsdale, AZ 85251
View Photos (38)
Open House (03/24/2019 - 12:30 pm)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1429
Year Built: 2017
Subdivision: AERIUM ENCORE
Description: Fabulous Old Town Location! Light filled end unit with N/S exposure. Master...
Last Updated: March - 21 - 2019
$750,000
13924 E Carefree Highway, Scottsdale, AZ 85262
View Photos (38)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3.5
Square Footage: 3074
Year Built: 2018
Subdivision: Rio Verde Foothills
Description: COMPLETION by March 31st! Gorgeous home on 1 acre with amazing views and no...
Last Updated: March - 21 - 2019
$899,900
8025 E SUNSET SKY Circle, Scottsdale, AZ 85266
View Photos (25)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4
Square Footage: 4066
Year Built: 2019
Subdivision: 1 ACRE Rural North Scottsdale
Description: New Construction this home checks all the boxes! No HOA's, city water, Nort...
Last Updated: March - 20 - 2019
$541,200
3214 N 70TH Street, 1003, Scottsdale, AZ 85251
View Photos (45)Virtual Tours (1)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3.5
Square Footage: 2054
Year Built: 2019
Subdivision: AERIES TOWNHOMES CONDOMINIUM
Description: Your chance to thrive! Luxurious living in one of the Valley's best located...
Last Updated: March - 20 - 2019
$440,000
10594 E GOLD DUST Circle, Scottsdale, AZ 85258
View Photos (25)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 2041
Year Built: 1986
Subdivision: HERITAGE VILLAGE UNIT 4 PHASE 2 LT 61-160 D-F
Description: BEAUTIFULLY REMODELED PATIO HOME! In Scottsdales exclusive Heritage Village...
Last Updated: March - 20 - 2019
$800,000
28309 N RIO MOUNTAIN Court, Scottsdale, AZ 85262
View Photos (48)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4.5
Square Footage: 3989
Year Built: 2018
Subdivision: RIO MOUNTAIN ESTATES UNIT 1
Description: Views, Views, Views & all paved roads this custom home in gated community! ...
Last Updated: March - 20 - 2019
$925,000
20481 N 98TH Street, Scottsdale, AZ 85255
View Photos (54)Virtual Tours (1)
Open House (03/23/2019 - 1:00 pm)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 2285
Year Built: 2011
Subdivision: DC RANCH
Description: Luxurious living, w/ amazing mountain views, in this single level, 3 bed + ...
Last Updated: March - 20 - 2019
$554,400
3214 N 70TH Street, 1002, Scottsdale, AZ 85251
View Photos (54)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3.5
Square Footage: 2112
Year Built: 2018
Subdivision: AERIES TOWNHOMES CONDOMINIUM
Description: Your chance to thrive! Luxurious living in one of the Valley's best located...
Last Updated: March - 20 - 2019

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