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Newspaper
Argus
Location
Fremont, California, United States of America
Date
May 25, 1969
Page
8
San Francisco report notes postwar housing boom, with soaring prices and scarce inventories in many cities. Advance Mortgage Corp survey shows Detroit among markets facing the most severe shortages in two decades, with officials warning conditions may worsen before improving.
Builder H C Elliott promotes buying a newly built home at Somerset in Livermore as a solid investment amid rising costs and high resale values. He cites recent San Ramon and Town Square sales gains and notes lumber and plywood price spikes, higher interest rates, and tight credit influence housing prices and construction in Northern California.
A expandable one story home starts as a two bedroom one bath with 1 575 square feet and a 2642x19 garage. Builders provide expansion plans so do it yourselfers can add two bedrooms and a second bath. Four bedroom version completes at 22 950 dollars.
Wide 30 inch solid wood planks are sold by several lumber firms. They are produced by edge gluing multiple narrow boards to form sturdy cabinet doors. A clear finish highlights the distinctive striped pattern.
Reader tips on buying lumber in three to five foot lengths to cut costs for deck patios walls fences. Shorter pieces often yield lower prices than standard long stock sought by builders.
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