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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 20, 1938
Page
18
R Eugene Curry New York real estate manager argues in House and Garden February issue that most economic factors favor immediate building. He cites a sympathetic attitude toward building enterprises from business leaders and financiers, predicting a nationwide program soon.
Describes a small, affordable, light filled house built on English lines. Features include a vestibule entry, side kitchen doorway, built in cabinets, a hall linen closet, varied exterior stucco and half timber, and a living room with a window seat.
Curry and a group of leaders and economists note the British building boom's positive impact. They expect public approval for housing as tangible results appear and see the end of a long real estate liquidation period as society observes renewed construction activity.
Realtor C. C. Smithdeal lists income location house type and real estate firm selection as key factors for buying or building a home. He notes affordable financing under FHA and other programs and urges buyers to compute payments and avoid overextending. He stresses neighborhood stability proximity to schools churches and shops and the need for suitable house type and construction for the site. He also advises choosing a knowledgeable real estate salesman to aid in finding the best fit.
A Winston Salem real estate survey finds city vacancy at 2.5 percent, well below the 5 percent normal. Curry argues favorable building conditions despite deflation and foresees a worldwide price rise driven by expanding credit, gold, devaluation, and reflation measures.
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