Toll Bros CEO: Housing is long way from bubble

Discussion in 'Real Estate Investing' started by CNBC, Dec 10, 2013.

  1. CNBC

    CNBC New Member

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    Has the housing market run too far too fast? Douglas Yearley, Toll Brothers CEO, discusses the state of the housing market and consumers fear that they are buying into another bubble.

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  2. rob

    rob Administrator Staff Member

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    He says this doesn't feel ANYTHING like a bubble in terms of real estate. Do the real estate bubble and stock bubble move parallel or are they independent? I'm guessing there is a noticeable correlation but certainly not a 1:1 relationship.

    Tollhouse producing 900k homes a year, usually produce 1.5 million homes/year, and he is right that home demand is "pent up" if my own life is any indication... I have a lot of friends who are serial "I'm going to buy a house soon" people. I would think that maybe Tollhouse is a good buy over the next 1 year, but with mortgage rates increasing, will that demand for new home buyers get further supressed?

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