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More - Robert Toll Quotes

Selling homes this first quarter was certainly more difficult than one year ago. We experienced softening demand, to varying degrees, in a number of markets and continue to be constrained by long delivery times at many of our communities. - Robert Toll Quotes

Selling homes this first quarter was certainly more difficult than one year ago. We experienced softening demand, to varying degrees, in a number of markets and continue to be constrained by long delivery times at many of our communities.

Considering that we began this fiscal year impacted by a national recession and the tragedies of Sept. 11, fiscal 2002 has certainly exceeded our expectations., - Robert Toll Quotes

Considering that we began this fiscal year impacted by a national recession and the tragedies of Sept. 11, fiscal 2002 has certainly exceeded our expectations.,

Speculative demand has ceased, and speculators are now putting their homes back on the market. - Robert Toll Quotes

Speculative demand has ceased, and speculators are now putting their homes back on the market.

The shortage of selling communities, coupled with some softening of demand in a number of markets, negatively impacted our contract results. It appears we may be entering a period of more moderate home price increases, more typical of the past decade than the past two years. - Robert Toll Quotes

The shortage of selling communities, coupled with some softening of demand in a number of markets, negatively impacted our contract results. It appears we may be entering a period of more moderate home price increases, more typical of the past decade than the past two years.

In 2005, demand for new homes in many markets was propelled to unsustainable levels by speculative buying. We are now on the other side of that slope. Speculative demand has ceased and speculators are now putting their homes back on the market. - Robert Toll Quotes

In 2005, demand for new homes in many markets was propelled to unsustainable levels by speculative buying. We are now on the other side of that slope. Speculative demand has ceased and speculators are now putting their homes back on the market.

If you had an overall depressed market, you could not have that kind of phenomenon. - Robert Toll Quotes

If you had an overall depressed market, you could not have that kind of phenomenon.

Selling homes this first quarter was certainly more difficult than one year ago. - Robert Toll Quotes

Selling homes this first quarter was certainly more difficult than one year ago.

Since Hurricane Katrina in early September, we have observed buyers taking longer to make their purchasing decision. We attribute this change to the significant decline in consumer confidence in the last two months that was precipitated by the hurricanes and their aftermath, and to record gas prices. It appears we may be entering a period of more moderate home price increases, more typical of the past decade than the past two years. - Robert Toll Quotes

Since Hurricane Katrina in early September, we have observed buyers taking longer to make their purchasing decision. We attribute this change to the significant decline in consumer confidence in the last two months that was precipitated by the hurricanes and their aftermath, and to record gas prices. It appears we may be entering a period of more moderate home price increases, more typical of the past decade than the past two years.

All of a sudden, the ads in the paper show special mortgage deals, special incentives. That's an absolute indicator that the market has softened. - Robert Toll Quotes

All of a sudden, the ads in the paper show special mortgage deals, special incentives. That's an absolute indicator that the market has softened.

Since Katrina, instead of going up $5,000 or $10,000 every week or two, we have been limited to no price increases or very limited price increases, - Robert Toll Quotes

Since Katrina, instead of going up $5,000 or $10,000 every week or two, we have been limited to no price increases or very limited price increases,

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