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Toll Bros Sell So Many $1 Million Plus Homes, It Stops Sales!
Toll Brothers halted sales at its 45-home Lyondale Meadows community in Newtown, with prices starting at $1.6M, after overwhelming demand.
[This is just indicative of Newtown's affordable housing problem. For more on that read "Bucks County Affordable Housing Crunch Deepens - Especially in #NewtownPA."]
The Fort Washington-based luxury homebuilder opened sales earlier this month, and in just one week received 21 deposits, with buyers choosing options that raised home prices to $2 million.
“We actually shut down the action it got so hot,” said Toll Brothers CEO Douglas Yearley Jr. More...
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