Relevant:
- Survey Says Foreclosure Mess Prompts Homebuyers to Avoid REOs and Distressed Properties
- Housing Starts in U.S. Increase to Four-Year High
- Home Affordability Continues to Remain High
- Toll Brothers Forms Distressed Property Unit to Expand Beyond Homebuilding
- Toll Brothers Earnings Beat Estimates as Home Sales Rise
2012-03-20 — bloomberg.com
Falling home prices and mortgage rates close to all-time lows are helping drive record housing affordability, benefiting builders like Toll Brothers Inc. (TOL) Nonetheless, the real estate market faces headwinds from distressed properties and more foreclosures that could push values down further.
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