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Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. [ 2 ] [ 3 ] In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue.
Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly. [8] In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH. [8] In 2011, the company unveiled its first net-zero energy homes, in Buckeye, Arizona. [9]
Its corporate headquarters are in Scottsdale, Arizona. The company formed when Taylor Woodrow and Morrison Homes joined forces in July 2007. Taylor Morrison operates in Arizona , California , Colorado , Georgia , Florida , North Carolina , South Carolina , Nevada , Indiana , and Texas , building mid-to-upscale housing, as well as first-time and ...
Toll Brothers is also working to keep prices lower for potential buyers. Read more: How to buy a house in 2023 During the fourth quarter, the homebuilder signed 2,038 net contracts at an average ...
Toll Brothers later expanded into building "active-adult" communities for the elderly affluent and urban high-rises for the newly affluent (Toll Brothers City Living). [7] In 1998, Toll sold 5 million shares of Toll Brothers for $186.6 million although still remaining its second largest shareholder and vice-chairman. [4] [8] In November 2013 ...
Toll Brothers’ stock is having a good year despite uncertainty over when the Federal Reserve will cut rates.One major factor is the homebuilder's luxury positioning in the market. Toll stock was ...
Spec is on point . Toll Brothers delivered 4% more homes, reaching 2,492 units in the second quarter at an average price of $1 million, generating home sales revenues of approximately $2.5 billion.
Headquartered in Phoenix, Arizona, United States, it became the Del E. Webb Corporation a publicly traded company on the New York Stock Exchange in 1960. The same year, the corporation unveiled Sun City, outside Phoenix, as the first community designed for senior citizens. Many more Sun Cities were built by the corporation in the following decades.