Improved Outlook - 2003-03-13
Analysts have been active revising their 2003 forecasts following the late inning jump in 2002 new home starts and record sales of existing homes and comparably strong figures in January.

But he warned of possible longer-term problems including higher interest rates, devaluation of the mortgage interest, and property tax deductions from lower marginal tax rates. Overall, however, 2003 will look a lot like 2002 for home builders in spite of a sluggish recovery.
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Big Builder News Bits -- March 2003 - 2003-03-13
Toll Brothers Inc. -- one of a select few home builders -- has been selected to be part of the S&P MidCap 400 Index, a market-value weighted index.

The announcement capped a string of year-end accomplishments in 2002. Toll Brothers reported its 10th consecutive year of record earnings, 11th consecutive year of record revenues, and 12th consecutive year of record contracts. Toll expects another record year in 2003, helped in part by low mortgage rates.
Read the full story at Builder Online