Naples Florida Real Estate Blog

Posted on Sunday, December 09, 2007

A decline in home construction was announced by Toll Brothers, the leading company in luxury homebuilders. Shares decreased, from $1.27 to $1.07 per share. Speculative 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. There are still plenty of great Naples homes on the market, so there's no need to stress.

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