Vacation Home Buyers Spark Cape Land Boom
Cape Cod in Massachusetts faces a land boom driven by vacation and retirement home demand. Chatham and Orleans restrain growth with strict codes while National Seashore protections limit development, sparking higher prices for building lots and homes along Route 28 and in Mashpee’s New Seabury Village, as developers expand clusters and summer use extends into the shoulder seasons.
MENTIONED IN THIS ARTICLE
Cape
Chatham
Mass
Massachusetts
Atlantic
Florida
Cape Cod
Water View
Orleans
Provincetown
Falmouth
Harwich
Elbow
Mashpee
New Seabury
Nantucket Sound
National Seashore
Legion
FHA Speedup of Appraisals Surpasses Early Estimates
Washington reports that FHA now processes nearly all property appraisal applications within five days or less under a new procedure. Commissioner P. N. Brownstein notes 21,507 apps handled in the week ending July 22, with 30 of 76 field offices achieving 100 percent five day processing.
MENTIONED IN THIS ARTICLE
Washington
Federal Housing Administration
P. N. Brownstein
Brownstein
FHA
New Families Bring Big Boost to Local Economy
A University of Michigan poll finds that moving families create roughly four times their home price in new business for the community. For a $20,000 house, this equates to about $70,000 in new commerce, while about 10 percent of families consider buying a second home.
MENTIONED IN THIS ARTICLE
University of Michigan
Survey Research Center
Three-step house painting guide from industry group
The National Paint Varnish and Lacquer Association outlines a simple sequence for room painting. First paint the ceiling, then the walls, and finally the woodwork doors and trim after the walls have dried thoroughly.
MENTIONED IN THIS ARTICLE
the National Paint, Varnish & Lacquer As
National Paint, Varnish & Lacquer Association
Shorter Hours More Pay Seen Within Ten Years
The United States Savings and Loan League projects in its quarterly mortgage letter that by 1975 the population will reach 226 million, the workweek may drop to 32–36 hours, and the GNP will near $950 billion. Housing demand should rise with population and income growth, while mortgage financing stays plentiful. Incomes are expected to grow about 3 percent annually, sustaining housing demand and savings rates.
MENTIONED IN THIS ARTICLE
United States Savings and Loan League
Norman Strunk
League
Arthur M .Weimer
Strunk
Weimer
Agvatise
U.S. League
Tough Floor Western Hemlock Flooring Gains Hardness
A trade notice proclaims Western hemlock flooring becomes tougher with use, promising increased density and durability as it is walked on. The claim targets builders and homeowners seeking resilient wood for high traffic areas in durable floor installations.
Also Mentioned on This Page
Edward J. Farrell
Wall Accent
Canaan
Federal Industries Inc
Canaan, Connecticut
Taylor
Cade
Berkshire County
Armstrong
Dettinger
Warren Terrace
South St
Spadina Parkway
Cibeizzi
Pittsfield
Fenn-Second-Willis Streets
Greensboro
Tel
Tyler St
Master Plumbers
North St
S&h
Wiewer, Noue
LENOX
Knapp Oil Corp
Lockheed
West Housatonic Street
The
Berkshire Oil Heat Council
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