- Jan 16, 2002
- Professional Status
- Certified Residential Appraiser
Toll Brothers Reports $81.8M 4Q Loss in Housing Downturn; Calls 2007 Worst Year in 4 Decades
PHILADELPHIA (AP) -- Toll Brothers Inc., the nation's largest builder of luxury homes, said Thursday it swung to a loss for its fourth fiscal quarter during what the company calls the worst housing downturn in decades. It is the first quarterly loss recorded by the company in 21 years.