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Housing demand is concentrating where affordability still works

Housing demand in 2026 has not disappeared under the weight of elevated mortgage rates. But it is becoming increasingly selective. The latest housing data suggests buyers are concentrating in markets where pricing remains more aligned with purchasing power — while higher-cost markets and pandemic-era boom regions are seeing more normalized conditions emerge. In his latest…

Seth Ring elevated to president and COO at Toll Brothers

Toll Brothers has promoted Executive Vice President Seth J. Ring to president and chief operating officer, succeeding outgoing president and COO Robert (Rob) Parahus, according to a company announcement. Ring, a 22-year Toll Brothers veteran, will also join the company’s board of directors. Parahus, who has been with Toll for 40 years, will retire from…