Fort Washington-based Toll Brothers is one of the 12 Best Residential Real Estate Stocks To Buy According to Analysts, writes Zarah Hamid for Insider Monkey.
Founded in 1967 in southeastern Pennsylvania by brothers Bob and Bruce Toll, the company expanded throughout the United States over the years and became known as one of America’s premier luxury home builders. The firm currently operates in 24 states and over 60 markets nationwide.
This widespread national footprint puts Toll Brothers in a good position for growth, as the company has the widest offering of luxury homes and caters to some of the richest customers in the industry. The Toll Brothers is set apart by the prestigious locations it picks for its homes, their distinctive architecture, many customization options, and exceptional customer service.
The demand for homes is currently being supported by the limited inventory of new and resale homes on the market, millennials reaching prime home-buying years, and a rising desire for high-quality homes that are move-in ready.
Last year was the strongest for the home builder yet, after it achieved a record $10.6 billion in home sales revenue.
Read more about Toll Brothers in Insider Monkey.
