California pushes ethics code for all real estate brokers
The state plans a universal code of ethics for more than 255,000 licensees and tougher enforcement against fraud and misrepresentation. David H. Fox, director of the Department of Real Estate, aims to simplify documents, sponsor truth in housing legislation, and reorient the department to protect buyers and sellers in 1977. The trend mirrors similar moves in other states.
MENTIONED IN THIS ARTICLE
California
State Department of Real Estate
David H. Fox
Fox
Valley firm goes national Execu-Systems expands Realty Executives franchise nationwide
Realty Executives founder R. Dale Rector announces Execu-Systems to operate as a 100 percent commission franchise. The plan licenses one broker per area, aims to reach 20 more states in six months, and operates now in ten states with 14 Arizona offices and three Scottsdale-area locations.
MENTIONED IN THIS ARTICLE
Realty Executives
Execu-Systems
R. Dale Rector
Paradise Valley
Rector
Execu Systems
Arizona
California
Utah
Colorao
Texas
Oklahoma
Nebraska
Iowa
Wisconsin
Pennsylvania
Florida
Realty. Executives
Scottsdale-area
E. Camelback Rd
N. 70Th St
Scottsdale Rd
Building permit values slide in Scottsdale March report
Scottsdale data show total permit valuations at 3.4 million for 343 permits in March, down from 4.4 million and 246 permits a year earlier. Single family homes accounted for 76 permits with 2.17 million. demolition 5 permits. Interface Inc. received a 145 thousand hangar and office permit.
MENTIONED IN THIS ARTICLE
City of Scottsdale Building and Inspection Section
Interface, Inc
Butherus Drive
County totals rise as Maricopa permits surge
County building officials report a strong start to the fiscal year with 1,316 permits issued in March totaling about 25.4 million, led by single family homes. The year earns 127.7 million in permits versus 85.7 million last year, with several large projects including a 280,000 factory permit for Curtain Manufacturing Co. and seven home permits above 100,000.
MENTIONED IN THIS ARTICLE
Maricopa County
Department of Building Safety
Curtain Manufacturing Co
E. Laser
Mortgage delinquency rates ease after 1976 peak
The Mortgage Bankers Association reports a slight decline in overall 90 day delinquency to .05 percent by December 31 1976 from September 30. Conventional loans fell to .34 percent, VA loans to .54 percent, FHA insured loans rose to .60 percent. Foreclosures rose to .18 percent though total cases fell over four years.
MENTIONED IN THIS ARTICLE
Mortgage Bankers Association of America
MBA
John Wetmore
Veterans Administration
Wetmore
Walk-a-Thon Planned By Realtors And Boys Club
Scottsdale Board of Realtors hosts a joint Walk-a-Thon with the Scottsdale Boys' Club drum and bugle corps in support of the American Cancer Society. Participants pledge at least five cents per mile for a five mile hike on April 18 and walk to raise funds. Back row Ed Fox Ed O'Neill Sandy Tanner Agens Edwards pose with instrument. Front row Grant Adkins Hallie Bliss Eddie Norris are the Boy's Club musicians.
MENTIONED IN THIS ARTICLE
Scottsdale Board of Realtors
Scottsdale Boys’ Club
American Cancer Society
Scottsdale
Society
Ed Fox
Ed O'Neill
Sandy Tanner
Agens Edwards
Board of Realtors
Grant Adkins
Hallie Bliss
Eddie Norris
Boys’ Club
Banner year for housing seen for 1977
The U S single family housing market is in top form as 1977 begins with forecasts of record single family construction and strong sales of new and existing homes. A favorable mortgage market and a supply demand balance are cited by H Jackson Pontius of the National Association of Realtors.
MENTIONED IN THIS ARTICLE
U. S
H. Jackson Pontius
National Association of Realtors
Pontius
Real Estate Outlook Points to Strong Spring Demand
The report highlights favorable factors for housing with many households led by ages 25 to 35 and rising consumer confidence due to a stronger economy and higher personal income. It notes potential price increases and higher mortgage costs in 1978, while February resale activity may trail 3.0–3.2 million annualized units. New single family starts rebounded to 1.422 million, the best since 1973.
MENTIONED IN THIS ARTICLE
Pontius
Real Estate Syndication Courses Set in Phoenix
The Arizona State University Center for Executive Development offers a 12 hour program on income property analysis May 2 and 4 for brokers and salespersons. RESSI and NACAR affiliate co sponsor two courses in Phoenix with fees 295 for members and 345 for nonmembers.
MENTIONED IN THIS ARTICLE
Arizona State University Center For Executive Development
Real Estate Securities and Syndication Institute
RESSI
National Association of Realtors
Phoenix
Granada Royale Hometel
E. Thomas Rd
Also Mentioned on This Page
Chevron Chenecal
Federal Housing Administration
HUD
Daily Progress
Brock
Almator
UU Rasta
Sth Ave
Suite
Carefree
Cave Creek Road
Scottsdale Road
United Western Realty
Sat
Sun