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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.
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 ...
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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 booked home sales revenue of $3.58 billion on 3,756 homes delivered in the fourth quarter. The company had forecasted Q4 deliveries of 3,250 to 3,550 homes.
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]
The company, which bills itself as America's luxury homebuilder, said in its most recent quarterly results that 25% of buyers paid all cash for its homes, which had an average price tag of over $1 ...