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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

84 matches found

$980,130
10936 E North Lane, Scottsdale, AZ 85259
View Photos (32)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4.5
Square Footage: 3490
Year Built: 2019
Subdivision: 9 NORTH
Description: Outstanding open floorplan new construction! $280 A SQ FT! 4 Bedrooms/4.5B...
Last Updated: May - 25 - 2020
IDX
$875,680
10920 E North Lane, Scottsdale, AZ 85259
View Photos (30)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3.5
Square Footage: 3368
Year Built: 2020
Subdivision: 9 NORTH
Description: LAST LOT! TO BE BUILT. Completion of home approx 7 months from contract. F...
Last Updated: May - 25 - 2020
IDX
$600,000
33535 N 83RD Street, Scottsdale, AZ 85266
View Photos (33)
Property Type: Residential
# of Bedrooms: 5
# of Bathrooms: 5
Square Footage: 4022
Year Built: 2004
Subdivision: VISTAS AT DESERT SHADOWS
Description: BUILD YOUR DREAM HOME OR HUGE INVESTMENT OPPORTUNITY. Oversized 1.5+ acre l...
Last Updated: May - 25 - 2020
IDX
$458,000
34305 N 138TH Place, Scottsdale, AZ 85262
View Photos (49)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 2
Square Footage: 2430
Year Built: 2017
Subdivision: SW4 NE4 NW4 SEC 7
Description: Welcome to the ''Peaceful Place'' an affordable Southwest style spec home o...
Last Updated: May - 25 - 2020
IDX
$364,900
16113 E Duane Lane, Scottsdale, AZ 85262
View Photos (26)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1639
Year Built: 2020
Subdivision: Metes and Bounds
Description: Incredible Mountain Views in Rio Verde. Buy NOW and Select all your Interio...
Last Updated: May - 25 - 2020
IDX
$469,900
2330 N 87TH Terrace, Scottsdale, AZ 85257
View Photos (28)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 2
Square Footage: 1827
Year Built: 2020
Subdivision: PIMA MEADOWS 1
Description: BUILT TO IMPRESS! BRAND NEW and GORGEOUS! This home has all of the most pop...
Last Updated: May - 24 - 2020
IDX
$898,000
15817 E Brookhart Way, Scottsdale, AZ 85262
View Photos (36)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3.5
Square Footage: 3670
Year Built: 2020
Subdivision: Rio Verde Foothills of North Scottsdale
Description: VIEWS, PRIVACY and QUIET ENJOYMENT...another stunning Presidio home is comp...
Last Updated: May - 23 - 2020
IDX
$459,900
9597 E CHUCKWAGON Lane, Scottsdale, AZ 85262
View Photos (25)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1619
Year Built: 1999
Subdivision: LEGEND TRAIL PARCEL I/J
Description: THIS IS THE ONE THAT IS JUST RIGHT. METICULOUSLY MAINTAINED WITH AN EASY O...
Last Updated: May - 22 - 2020
IDX
$780,000
16510 N 92ND Street, 1003, Scottsdale, AZ 85260
View Photos (24)
Open House (05/27/2020 - 11:00 am)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 4
Square Footage: 3100
Year Built: 2018
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Move-in Ready! New townhome with rooftop deck in the premier SOHO Scottsdal...
Last Updated: May - 22 - 2020
IDX
$460,000
7601 E INDIAN BEND Road, 1013, Scottsdale, AZ 85250
View Photos (51)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1509
Year Built: 2014
Subdivision: CORRIENTE CONDOMINIUMS
Description: Absolutely STUNNING ground level condo in the gated community of Corriente ...
Last Updated: May - 22 - 2020
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