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Scottsdale Progress in Scottsdale, Arizona

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Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Aug 13, 1977

Page

5

Surge in condominium sales cited by Realtors survey

National Association of Realtors survey shows condo sales rising nationwide with hot resales in Rockville and Evanston. Buyers include under 35s and empty nesters, while pricing ranges from about 24 000 to six figures and mid priced units lag slightly.

United States National Association of Realtors Rockville Washington, D.C Chicago Evanston California San Diego Florida Maitland Fla Orlando First National City Bank of New York Dade Broward Palm Beach Ken Kerin National Association of Realtors’ Department of Economics and Research HUD Matanky Washington

City permits rise in Scottsdale for July

City data show 341 building permits issued in Scottsdale in July valued at nearly 5.8 million dollars. This compares with 223 permits worth 2.7 million last July. Single family permits numbered 174 with a 4.9 million valuation, up from 67 permits worth under 2 million in the prior July.

Scottsdale

Scottsdale firm builds shopping center in Flagstaff University Plaza

Community Financial Corp announced construction began on a 7 million shopping center in Flagstaff named University Plaza across from Northern Arizona University. TG and Y, Safeway, and SuperX Drugs will anchor with large stores. the center is 75 percent leased, covering 21 acres and more than 159000 square feet.

Community Financial Corp Winfield Scott Plaza Flagstaff Community Financial Associates Sutter Hill Ltd Genstar Ltd Montreal White Pine Associates University Plaza Northern Arizona University Tg&y Safeway Stores Superx Drugs

Oro Verde Foothills begins phase one in Phoenix

Construction starts on phase one of Oro Verde Foothills a 60 acre northeast Phoenix development by Oro Verde Development Co Inc Builders Bill Goodheart and Peter K Shields co venture 22 custom home lots priced at 90000 and up Phase two plans 31 lots located between 42nd and 44th streets Onyx Street one half mile south of Shea Boulevard First two homes began construction in early August.

Phoenix Oro Verde Foothills Bill Goodheart Peter K. Shields Oro Verde Development Co. Inc 42Nd Street 44Th Street Onyx Shea Boulevard

Realty firm forms new divisions with expansion plans

Ed Thirkhill Realty a Pioneer Industries company announces new divisions and expansion. Ron Sullivan named vice president and general manager coordinating seven Valley offices and Scottsdale residential sales. John Miller named sales manager for new subdivisions. John Bingman to head special projects division offering research and feasibility studies for investors. Red Carpet Real Estate relocates main office and promotes new office openings led by Al Tome.

Ed Thirkhill Million Dollar Club Sullivan St. Maria Goretti Church Bingman Arizona California Institute of Sales Research Red Carpet Real Estate W. Thomas Camelback Rd al Tome Tome

Balloon Payments Stress Homebuyers

A reader reports discovering a balloon loan payment of 7000 dollars due in five years after purchasing a home. The issue, often triggered by buyers misunderstanding original terms, appears months or years after the sale. This problem reflects broader confusion among home buyers.

James M. Woodard

Open House Insights on Reducing Home Buying Stress

A psychologist cites the high stress of home purchases due to large sums of money and complex documents. Buyers often distrust real estate agents and rush through details during closing. Take time, ask questions, read carefully, and study documents at home to prevent problems later.

Richard Evans University of Houston Evans

Also Mentioned on This Page

Scottsdale (Az Daily Progress Scottsdale Firm Homeowners Picture Gallery Western Region Goldcrest N. 35Th Ave Eastern Region Sth Ave Loyal Stalcup Century 21 Stalcup Realty Scottsdale Rd National Marketing Institute Laurie Bergner Maggiano Russ Lyon Realty E. Camelback Rd Arizona Real Estate Press United States International University Progress Scottsdly Arizona Republic Gazette INC Wewood-Sun Lakes Per. CO F' Coffe Greene
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