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Toll Brothers sales plunge
Toll Brothers reported a sharp drop in sales and net new orders as buyers cancelled contracts to buy its more expensive homes.

Toll Brothers sales plunge

category: Real Estate subcategory: Real Estate Industry
08.11.2007 15:01

Luxury home builder Toll Brothers issued preliminary fourth-quarter results Thursday that showed a sharp drop in the number of new homes sold and an even deeper plunge in the average price of the home it was able to sell, as buyers canceled orders for its more expensive offerings.  Read more…


Foreclosures: Mayors see major hit to economy

27.11.2007 15:01 - category: Real Estate: Real Estate Industry

Foreclosures: Mayors see major hit to economy

A group representing more than 1,100 U.S. cities predicts declines in local industry and tax collections.

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