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Positive earnings in the second quarter left Toll executives optimistic about what's to come.
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Earlier communication with trade partners is one key to controlling costs.
Big Builder grades the performance of the 13 largest publicly held builders in the country.
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The business, now owned by Drees Homes, once was one of the industry’s most adventurous builders.
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Toll saw sales jump while logging a quarterly loss.
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Writedowns for the value of inventory and joint ventures of $33.9 million impacted Toll Brothers’ bottom line for the fiscal year that ended Oct. 31.
In some markets builders are attracting buyers with mansion-sized homes at cottage-size prices.
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The industry has reached a point in this down cycle where surviving it means more than just cutting costs and preserving cash. Home builder executives, even those whose companies are marginally profitable, have to figure out how to reinvest in their companies to improve and maintain profitability...
The home will serve as the backdrop for a couple whose teapot spits out cash.
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But builders and buyers in many markets are still waiting for prices to hit bottom.