Thursday, April 23, 2009

Robert Toll Says 80% of the Housing Market Is on the Way Back

This is very bullish. Bob Toll is Chairman and CEO of Toll Brothers, nationwide home builders

I had a chance to talk to Toll a couple of years back at a Michael Milken conference, he doesn't pull punches. If he sees a turnaround, it's real. Toll told CNBC that strength isn’t limited to just a few areas of the country. He said the trend was “pretty much nationwide, except for a couple of markets that are still deader than doornails and probably will be for another year or two.” About 80% of the U.S. “seems to be on the way back.”

For a solid recap of the straight shooter that Toll is see this CNBC report.


  1. I recall someone had noted he was selling his holdings in Toll Bros. back in 2006 and 2007. I wonder if there's a service that graphs investor holdings based on SEC filings. It would be interesting to see if he's buying again.

  2. Why did his company get caught offguard by the housing crack-up boom if he's such a visionary?