Down payment basics for home buying outlined in Step One plan
New York financier explains how young couples reach a $3,000 down payment. The Step One program ties families mortgage lenders and builders, allowing saving plans of 18 to 48 months to cover a $30,000 home with a 10 percent down. Builders may adjust for cost increases.
MENTIONED IN THIS ARTICLE
Dorothea M. Brooks
New York
UPI
Jackson W. Goss
Investors Mortgage Insurance Co
Boston
Goss
Investors Mortgage
Lake Havasu City Grows Into Major Planned Community
Lake Havasu City founded by McCulloch Properties Inc. nears 10 000 residents with an economy self supporting and over 150 million in capital investment. Building permits total 16 million in 1972 up 62 percent and 530 plus commercial enterprises. Educational expansion 2.2 million. four schools. road water and utility networks expanding.
MENTIONED IN THIS ARTICLE
Lake Havasu City
McCulloch Properties Inc
Science and Industry
McCulloch Corporation
Island View Homes unveils Tempe Lakes project models
Island View Homes opens a 168 unit project at The Lakes in Tempe featuring The Bermuda a three bedroom two bath home among four models. The homes priced at 33995 include HOA beach and tennis club memberships.
MENTIONED IN THIS ARTICLE
Bermuda
Tempe
Island View Homes
Mission Viejo Co
Patios Drive Popularity in Model Homes Nationwide
Builders report two thirds of top selling models include patios. A Bureau of Building Marketing Research study finds patios remain a leading feature in new single family homes, rising 13 percent over five years. Regional uptake shows West 82 percent, South 75 percent, Northcentral 60 percent, Northeast 51 percent.
MENTIONED IN THIS ARTICLE
Bureau of Building Marketing Research
Builders and ecologists clash over housing growth
The debate centers on how to fit new housing into environmental protection. Some ecologists push no growth, others favor a master plan with careful analysis. Builders warn that extreme stances threaten jobs and housing, urging patient, sound planning to balance ecology and development.
MENTIONED IN THIS ARTICLE
James M. Woodard
Planet Earth
California Supreme Court
A. K. Bettilyon
Society of Industrial Realtors
Motel chain fights rising prices and expands nationwide
Motel 6 employs economy focused planning to keep budget room rates low at $6.60 to $9.90 while expanding to 105 locations. With over 10,000 rooms in operation and 7,100 in pre construction, the chain aims for 87,000 rooms by 1980 as occupancy runs above 80 percent and monthly revenues exceed $1.5 million.
MENTIONED IN THIS ARTICLE
Motel 6, Inc
Scottsdale
Manufactured homes rise in homebuilding market
Industry meeting forecasts housing starts this year will include about 424000 panelized home packages and 95000 modular and sectional homes. Panelized housing is set to expand into townhouse and cluster-dwelling fields as the industry faces codes financing and transportation challenges but benefits from available materials and public acceptance.
Also Mentioned on This Page
Scottsdale Daily Progress
McCulloch
Arizona
SCI
REAL
E. Indian School
Los Gatos
McDowell Mountains
Carefree
Anzona
I. Omesites
Pinnacle Peak Rd
Pima Rd
McCormick
Scottsdale Park Villas
America
G.E
Scottsdale Rd
Indian Bend Rd
McCormick Parkway
Hayden Road
Paseo del Norte
Nia Anne
Bend RD
SHFA
Dick Finnigan, Inc
AIBD
Cupertino
California
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