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Toll Brothers

Toll Brothers Preparing 138 New Denton Home Sites In ParkVue

Toll Brothers is close to breaking ground with 138 new home sites in the new Denton community of ParkVue. Parkvue consists of roughly 45 acres from the Good Samaritan tract of land just east of Lake Forest Park and the Wiggly Field Dog Park along Ryan Rd. Lot sizes show to be roughly 50 feet by 120 feet, with a few home sites slightly larger than that. Toll Southwest has not released any specific information or pricing or designs regarding ParkVue, but it appears the roads have been cut into the property. More details should [...]

By |2019-10-30T12:06:49+00:00October 30th, 2019|Denton County New Homes, Denton County Real Estate, Denton Tx New Homes, Denton TX Real Estate, DFW Real Estate|0 Comments
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Toll Brothers Net Orders Plunge 13 Percent In Q4

Shares of luxury home builder Toll Brothers fell out of bed today. Toll reported higher net income and higher revenue on a 12 percent increase in home closings for the quarter, but the market sniffed out what some people like myself were anticipating with Toll's latest quarter... a big drop in demand for expensive luxury homes. Toll was clearing out inventory with juicy incentives during the fourth quarter, but net signed contract value plunged 15 percent while net contract units (homes) fell 13 percent. Toll's orders for California nosedived 39 percent. Oops! “In November, we saw [...]

By |2018-12-04T19:33:14+00:00December 4th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, DFW Home Prices, DFW New Homes, DFW Real Estate, Spin Cycle|0 Comments
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Toll Brothers Stock Trips On Higher Cancellation Rate

Luxury home builder Toll Brothers reported fiscal second quarter results today, and Mr. Market was not amused. Toll Brothers net income declined for the latest quarter as did income from operations. Income from operations fell from 10.1 percent of revenues last year to 8.4 percent of revenues in Q2 2018. Perhaps more concerning was the jump in Toll's cancellation rate, rising from 3.5 percent last year to 5.2 percent in the second quarter of 2018. While the absolute percentage may seem small, this is actually a significant development when you consider that Toll can be extremely [...]

By |2018-05-22T15:25:47+00:00May 22nd, 2018|Denton County New Homes, Denton Tx New Homes, DFW New Homes, Economy, Housing Market, In the Press, Markets, Mortgage Rates|0 Comments
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