Toll Brothers sales event begins today

Toll Brothers is holding its National Spring Sales Event at its Southern Nevada neighborhoods beginning today through May 2. According to Gary Mayo, Nevada group president, with the slight rise in interest rates recently and indications pointing to an improving economy, participating Toll Brothers neighborhoods will offer incentives and up to $5,000 toward closing costs.

"If you need more room for a growing family, more space for recreation, or you simply want a community that better fits your lifestyle, this is a fabulous time to get a great value and more home for the money," Mayo said.

"Rather than going to the great expense of redoing an older home, many buyers have found that it's financially wiser to build a new home that better meets their needs. We're still offering some attractive savings and incentive packages. With the economy reportedly on the upswing and interest rates rising, I think that buyers are looking to get more home for their money and yet still enjoy a manageable mortgage payment."

Toll Brothers, a Fortune 1000 company, was recently named Fortune magazine's 2010 world's most admired home builder. Executives, directors, and analysts were asked to rate companies in their own industry on nine criteria. Toll Brothers ranked No. 1 in seven categories, including quality of products and services, quality of management, financial soundness, people management, use of corporate assets, long-term investment and global competitiveness.

"To be recognized with the Fortune magazine honor during such a challenging time in the economy shows that Toll Brothers really is a powerful force and a home builder that buyers can count on to deliver," said Mayo.

"We have maintained our strong standing because we are intelligently managed, and our buyers know this," he said.

The limited-time promotion is being offered at the following Toll Brothers neighborhoods including Traccia and Fairway Hills in The Ridges in Summerlin, Toll Brothers at MacDonald Highlands and Mirasol at Mountain's Edge in Las Vegas and Toll Brothers at Inspirada in Henderson and Vita Bella at Lake Las Vegas Resort.

In addition, TBI Mortgage Co., a subsidiary of Toll Brothers, is offering a selection of mortgage programs including fixed and adjustable rate mortgages. Those interested can visit TollSalesEvent.com or TBIMortgage.com.

For more information, visit TollBrothers.com.