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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

79 matches found

$999,000
7502 E MAIN Street, 2004, Scottsdale, AZ 85251
View Photos (16)
Open House (08/20/2019 - 2:00 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: August - 20 - 2019
$545,000
Kitchen
View Photos (29)
Open House (08/22/2019 - 1:00 pm)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 2377
Year Built: 2019
Subdivision: Pinnacle at Silverstone
Description: WOW! LOOK AT THAT PRICE! BUILT IN 2019, but better than a new build because...
Last Updated: August - 19 - 2019
$551,836
23065 N 75TH Street, Scottsdale, AZ 85255
View Photos (2)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 2352
Year Built: 2019
Subdivision: Pinnacle SILVERSTONE II
Description: Gorgeous New Silverstone Pinnacle II construction home in North Scottsdale ...
Last Updated: August - 19 - 2019
$538,421
7472 E PARAISO Drive, Scottsdale, AZ 85255
View Photos (1)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 1953
Year Built: 2019
Subdivision: Pinnacle II at Silverstone
Description: Gorgeous New Silverstone Pinnacle II McDowell in North Scottsdale with Nort...
Last Updated: August - 19 - 2019
$415,400
7300 E Earll Drive, 2007, Scottsdale, AZ 85251
View Photos (7)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1086
Year Built: 2017
Subdivision: Inspire
Description: Inspire, ideally located in the heart of Old Town Scottsdale, where sleek c...
Last Updated: August - 19 - 2019
$463,900
7300 E Earll Drive, 1021, Scottsdale, AZ 85251
View Photos (10)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1171
Year Built: 2019
Subdivision: Inspire
Description: Inspire, ideally located in the heart of Old Town Scottsdale, where sleek c...
Last Updated: August - 19 - 2019
$393,900
7300 E Earll Drive, 2004, Scottsdale, AZ 85251
View Photos (19)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1171
Year Built: 2017
Subdivision: Inspire
Description: Inspire, ideally located in the heart of Old Town Scottsdale, where sleek c...
Last Updated: August - 19 - 2019
$527,400
7300 E EARLL Drive, 2010, Scottsdale, AZ 85251
View Photos (25)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1625
Year Built: 2017
Subdivision: INSPIRE
Description: Inspire, ideally located in the heart of Old Town Scottsdale, where sleek c...
Last Updated: August - 19 - 2019
$429,900
7300 E Earll Drive, 2025, Scottsdale, AZ 85251
View Photos (19)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1277
Year Built: 2019
Subdivision: Inspire
Description: This phase 2 new floor plan is a large 2 bedroom 2 bath unit that is light ...
Last Updated: August - 19 - 2019
$559,900
7300 E EARLL Drive, 3013, Scottsdale, AZ 85251
View Photos (24)
Open House (08/22/2019 - 10:00 am)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2.5
Square Footage: 1625
Year Built: 2019
Subdivision: INSPIRE
Description: Inspire, ideally located in the heart of Old Town Scottsdale, where sleek c...
Last Updated: August - 19 - 2019

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