Posted on Saturday, March 22, 2008
The leading company in luxury homebuilders, Toll Brothers,, revealed a drop in home construction. The price of shares dwindled to $1.07 per share from $1.27. Investment buyers, who are now sellers, and also homebuilders who have overbuilt are the source of this drop, reported top executives.

Toll Brother's is "well prepared" to deal with the current situation. Don't worry, this drop means there are a lot of great Gig Harbor homes out there.

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Heidi Rowntree, ABR
Windermere Puyallup/CR
hrowntree@windermere.com
253.227.4975 cell
253.564.0467 fax

 


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