Southern California home buying hasn't been slammed by coronavirus fear — yet [Los Angeles Times (CA)]
Toll Brothers, Inc. (TOL)
Last toll brothers, inc. earnings: 2/25 04:30 pm
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Source: Los Angeles Times
Sports leagues have suspended their seasons. Organizers have canceled conferences . The coronavirus is starting to inflict economic damage as Americans hunker down to stop its spread. So far, though, home-buying demand — spurred by generationally-low mortgage rates — has held up in Southern California, real estate experts say. That could quickly change if the economy shuts down for a prolonged period. Low mortgage rates don’t matter if people don’t have jobs to pay their mortgage. “It’s kind of a tug of war: interest rates on the one side and some of the business fundamentals on the other side,” said Stuart Gabriel, director of the Ziman Center for Real Estate at UCLA. “How we are going to sort of muscle through this depends very significantly on the path of the virus, the severity of the incidents and the related cycle of fear.” Heather Presha, a real estate agent who specializes in South L.A., isn’t seeing a lot of fear. She held an open house for a $542,000 two-bedroom in Hyde Par
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News
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- Toll Brothers Announces Grand Opening of Travisso - Verona Collection in Leander, TexasGlobeNewswire
TOL
Earnings
- 8/20/24 - Beat
TOL
Sec Filings
- 11/8/24 - Form SC
- 10/23/24 - Form SC
- 10/16/24 - Form 4
- TOL's page on the SEC website