Realty Sales Prices Advance in Many Parts of Nation
The thirty first semi annual survey by the National Association of Real Estate Boards shows 64 percent of 278 cities report prices at or above last year’s May June peak, with 8 percent above it. Prices rise 5 to 20 percent, median 10, while 56 percent hold level with last year. New England sees activity gains, south central strongest in price rises. region north central shows modest price gains amid rising activity. Undersupply of single family homes persists in 41 percent of cities, with 18 percent expecting shortage. only 3 percent report oversupply. Business buildings remain normal in 69 percent of markets.
MENTIONED IN THIS ARTICLE
National Association of Real Estate Boards
Nation Association of Real Estate Boards
New England
South Central
North Central
Iowa
Real estate and lumber firms noted in Better Homes DIRECTORY summary
The directory lists lumber and home supply firms such as Nagle Eaton and Wisconsin Lumber. Real estate boards report eight percent with short ages and three percent expecting shortages. Market for improved home sites holds steady in 38 percent of cities and is active in 25 percent, with 37 percent lower than a year ago. Capital seeks loans in 68 cities, mortgage money demand balanced in 21 percent, and 11 percent report loans seeking capital.
MENTIONED IN THIS ARTICLE
Real Estate Boards
Kitchen Runs Finest Room In Cape Cod Home In Weiss Badenochs
Expertly planned kitchen showcases automatic dishwasher and well labeled storage in a modified Cape Cod residence at 427 Gwendolyn Drive NE. Mrs. E. C. Badenoch designed the layout with expert refinements, featuring Delft blue and white tones, a gar bage disposal plan, and a near pantry style prep center.
MENTIONED IN THIS ARTICLE
Cape Cod
Gwendolyn Drive
E. C. Badenoch
Kunzmanns Build Four Room Colonial Cottage
Mr and Mrs C C Kunzmann of 21613 Fifth Street SW begin a four room Colonial cottage at 2027 Wilson Avenue SW Construction started last week by contractor F C Langhurst.
MENTIONED IN THIS ARTICLE
C. C. Kunzmann
Fifth Street
Wilson Avenue
F. C. Langhurst
Girls Day School Leases Former Home of Judge Prestor
Mr and Mrs Serge Boldereff recently of New York City lease the residence at 1017 First Avenue E and plan to open Cedar Rapids Day School for girls in junior and senior high. The home, once owned by Judge E C Preston and later J W MacDanel, has been remodeled for the new tenant. Lease arranged through Malcolm V Bolton and company. Mrs Boldereff was a children's librarian in New York City.
MENTIONED IN THIS ARTICLE
Serge Boldereff
New York City
First Avenue E
Cedar Rapids Day School
E. C. Preston
J. W. MacDanel
Malcolm V. Bolton and
Also Mentioned on This Page
North Central Region
Better Homes Directory
Nagle-Eaton Lumber Co
Novak Heating Co
Wisconsin Lumber
Limback Lumber Co
Hawkeye Lumber and Coal Co
Cedar Rapids
Williams & Hunting Co
King's Crown
Sanford's Economy Lumber Co
Sears Roebuck Town Electric Light & Power Co
Plans Disposal Unit
J. J. Badenoch
W. Roy Harger
Naomi Doebel
Economy Lumber CO
United States
Fivet Street
Sanford
Third Street
King's Crown Plaster CO
First Avenue
Winkler
1St St. SW
C. R. Fuel
ED Soboda
Hawkeye Lumber & Coal Co
Johns-Manville
Johns- Manville
Nagle-Eaton
Curtis
Seventeenth ST
Judge Prestor
Wisconsin
J. H. Ferguson
Third Avenue
Hercules Stoker
Sears and
Save
Sears
Third Avenue SE
Westinghouse
OWA Flectng Licntand Power Company