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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Apr 29, 1975
Page
8
Washington economists see favorable housing trends this spring. Builders cut prices to move costly inventories while demand remains tight. A new tax credit worth up to 2000 dollars lowers the effective cost of newly built homes under construction or unoccupied by March 25.
New York based F W Dodge reports Maine March contracts show Nonresidential 5.93M down 39 percent Residential 12.52M up 16 percent Nonbuilding 3.75M up 50 percent Total 22.20M down 3 percent Year to date Nonresidential 25.57M up 23 percent Residential 19.05M up 8 percent Nonbuilding 10.27M down 14 percent Total 54.88M up 9 percent. Ends with exterior look advice using western cedar boards.
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