BAP Blog Alpharetta Realtor shares Good News
Alpharetta Realtor shares Good News
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May 21, 2009, by

Real Estate Good News from the Wall Street Journal this week...  Toll Brothers Sees Hope:

Highlights include:   Toll Brothers reported higher orders than many analysts expected in its fiscal second quarter.  Improving stock market, combined with increasing availability of mortgages for large homes, was luring wealthy buyers into market.  Orders for new homes doubled from the previous quarter.  The number of security deposits buyers were putting down had increased in seven of the past nine weeks compared with a year ago. Toll was successful in the sale of $400 million in debt, one of the first of several debt sales by large home builders in recent months, signaling that the capital markets have opened for the housing sector.

For information on our local market, visit www.MoveToAlpharetta.com today!


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