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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

71 matches found

$649,000
11595 E JUAN TABO Road, Scottsdale, AZ 85255
View Photos (23)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2710
Year Built: 1994
Subdivision: Troon Village Dorado
Description: Spectacular views!! Great opportunity to purchase a north Scottsdale home ...
Last Updated: December - 19 - 2018
$550,000
6565 E THOMAS Road, 1032, Scottsdale, AZ 85251
View Photos (47)Virtual Tours (1)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 1710
Year Built: 2015
Subdivision: DIAMANTE CONDOMINIUM
Description: Prepare to be ''Wowed'' this former residence 5 model has never been lived ...
Last Updated: December - 18 - 2018
$340,000
16348 E Saguaro Vista Court, Scottsdale, AZ 85262
View Photos (14)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1639
Year Built: 2018
Subdivision: Beautiful Rio Verde NO HOA!
Description: Back on the market with beautiful views surrounding this brand new energy e...
Last Updated: December - 18 - 2018
$398,000
30511 N 162ND Way, Scottsdale, AZ 85262
View Photos (17)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2446
Year Built: 2018
Subdivision: NO HOA
Description: This brand new lightly lived in home (less than 3 months) is MOVE-IN READY!...
Last Updated: December - 18 - 2018
$859,000
14313 E Bobwhite Way, Scottsdale, AZ 85262
View Photos (15)Virtual Tours (2)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 4
Square Footage: 3672
Year Built: 2019
Subdivision: Rio Verde Foothills
Description: STUNNING NEW CONTEMPORARY HOME!LOCATED ON A PREMIUM, ELEVATED,ACRE VIEW LOT...
Last Updated: December - 18 - 2018
$525,400
3214 N 70TH Street, 3, Scottsdale, AZ 85251
View Photos (8)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3.5
Square Footage: 2054
Year Built: 2018
Subdivision: AERIES TOWNHOMES CONDOMINIUM
Description: Your chance to thrive! Luxurious living in one of the Valley's best located...
Last Updated: December - 17 - 2018
$750,000
16580 N 92ND Street, 2003, Scottsdale, AZ 85260
View Photos (7)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2.5
Square Footage: 2330
Year Built: 2017
Subdivision: SOHO SCOTTSDALE CONDOMINIUM
Description: Beautiful new loft home in the premiere SOHO Scottsdale community! New comp...
Last Updated: December - 17 - 2018
$398,000
30423 N 162nd Way, Scottsdale, AZ 85262
View Photos (19)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2446
Year Built: 2018
Subdivision: NO HOA
Description: Front yard landscaping is now installed! HOME IS MOVE-IN READY. This livabl...
Last Updated: December - 17 - 2018
$689,000
Flagstaff Floor Plan - Territorial/ Santa Fe Elevation
View Photos (1)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 3
Square Footage: 2590
Year Built: 2018
Subdivision: Enclave on the Eighth
Description: New home ready April 2019! This is our last one at Enclave on the Eighth. N...
Last Updated: December - 17 - 2018
$449,000
6565 E THOMAS Road, 1059, Scottsdale, AZ 85251
View Photos (35)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1548
Year Built: 2017
Subdivision: DIAMANTE CONDOMINIUM
Description: Wow! Spectacular property located in South Scottsdale! Nestled in the prest...
Last Updated: December - 17 - 2018

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