Latest Real Estate News: Toll Brothers Earnings Report. Toll Brothers absolutely crushed their earnings. Folks anticipating a housing market crash are going to have to wait another quarter at least for the companies to show signs of unloading properties at fire sale prices. I personally don’t think that’s happening. #tollbrothers

Highlights of Toll’s Earnings Release
✅Revenue is up 22% year over year.
✅ The housing backlog is 8.9 billion…..NOT SMALL.
✅Margins this quarter was 29% vs 25% the previous quarter.
✅Forward guidance anticipates stable growth and margins of 27%
✅Avg home price sale expected to be up 10% next year.

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As a real estate agent in Central Park, Denver, my job is to keep my focus on the housing markets and economy, to make sure I put my clients in a win/win situation. For more information feel free to reach out. I would love to chat about your options and see what I can do to help you in the Denver market. Investing wisely now will be the key to your long-term success.
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