Category: Real Estate Trends Blog
  • Archives:  
Author Photo
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

86 matches found

$849,900
26795 N 77th Street, Scottsdale, AZ 85266
View Photos (9)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4
Square Footage: 3470
Year Built: 2019
Subdivision: N/A
Description: 2 1/2 ACRES HOME SITE HORSE FRIENDLY PROPERTY!! FLOOR PLAN CHOSEN & READY T...
Last Updated: June - 19 - 2019
$499,999
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 2.5
Square Footage: 2341
Year Built: 1994
Subdivision: SIERRA RIDGE LOT 1-136 TR A-H
Description: Huge Price Reduction!!Take a look at this incredible 4 beds, 2.5 baths home...
Last Updated: June - 19 - 2019
$749,000
3470 Sq Ft, 4 Bedrooms, 3.5 Bathrooms.
View Photos (28)Videos (1)
Open House (06/21/2019 - 12:00 pm)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3.5
Square Footage: 3470
Year Built: 2018
Subdivision: Rural
Description: Now complete and move in ready this popular 3470 SF Floor plan offers soari...
Last Updated: June - 19 - 2019
$625,000
13820 E REDBIRD Road, Scottsdale, AZ 85262
View Photos (16)Videos (1)
Open House (06/21/2019 - 12:00 pm)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3.5
Square Footage: 3176
Year Built: 2019
Subdivision: acre, acreage, rural.
Description: Now complete and move in ready Morgan Taylor Homes, LLC popular Geronimo fl...
Last Updated: June - 19 - 2019
$900,000
Photo of actual home under construction. 6- ACRES WITH VIEWS..
View Photos (30)
Open House (06/21/2019 - 12:00 pm)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3.5
Square Footage: 3176
Year Built: 2019
Subdivision: Rural- No HOA
Description: Come see this charming 1-level brand new home with an open floor plan and b...
Last Updated: June - 19 - 2019
$999,000
7502 E MAIN Street, 2004, Scottsdale, AZ 85251
View Photos (16)
Open House (06/20/2019 - 1:00 pm)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 2470
Year Built: 2018
Subdivision: MAIN STREET PLACE CONDOMINIUM
Description: Customizable blank canvas to be filled with your desires. This comes with a...
Last Updated: June - 18 - 2019
$579,000
5911 E KELTON Lane, Scottsdale, AZ 85254
View Photos (43)
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: June - 18 - 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 July 31st! Gorgeous home on 1 acre with amazing views and no ...
Last Updated: June - 18 - 2019
$530,000
4737 N SCOTTSDALE Road, 2007, Scottsdale, AZ 85251
View Photos (24)
Open House (06/23/2019 - 12:00 pm)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1370
Year Built: 2009
Subdivision: Safari Drive
Description: One of the few Single Level units in Safari Drive! Spacious Master with a ...
Last Updated: June - 18 - 2019
$575,000
Kitchen
View Photos (30)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 2377
Year Built: 2019
Subdivision: Pinnacle at Silverstone
Description: BUILT IN 2019, but better than a new build because the owner has already in...
Last Updated: June - 18 - 2019

1 2 3 4 5 6 ... 9
Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.