Open House Homes Offer Strong Investment Edge in Energy Era
Investment-focused article argues that home ownership outperforms stocks as energy crises drive higher home values and construction costs. It notes 1973 gains near ten percent and forecasts 1974 increases, while rising materials prices and wages slow new homes. Remodeling seen as viable, with 19.3 billion spent in 1973 and a rise expected in 1974. It cites analyst Sanford Goodkin on affordability, and predicts demand for real estate professionals, including 60,000 in management roles within ten years.
MENTIONED IN THIS ARTICLE
James M. Woodard
Michael Sumichrast
National Association of Home Builders
Sanford Goodkin
Pleasant Run cluster home project opens at McCormick Ranch
Kaiser Aetna develops Pleasant Run a $9.5 million cluster housing on 30 acres at 7700 N Hayden Rd featuring 195 homes in two to six unit clusters. Prices range 43750 to 52300 with private gardens, double garages, air conditioning, and multi level interiors. Recreation includes two pools tennis handball and shuffleboard near McCormick Ranch Golf and Paradise Park equestrian showgrounds. Sales open daily 9 to 5 with HOA maintenance of common areas and landscaping.
MENTIONED IN THIS ARTICLE
Pleasant Run
McCormick Ranch
Hayden Rd
Kaiser- Aetna
Dwayne Gi Lewis
Pleasant’ ‘Run
McCormick, Ranch
Paradise Park
Sandpiper
Arizona Land Use Commission to Hold Statewide Hearings
The Arizona Land Use Commission will hold public hearings in all 14 counties to gather citizen input before drafting a master plan for state land use. Chairman Ben Roush says the public will play a major role in forming and implementing policy and in guiding guidelines for federal, state and local agencies. The commission aims to protect the state's environment and set future land use goals through planning and control.
MENTIONED IN THIS ARTICLE
Arizona Land Use Commission
Arizona
Ee Ben Roush
Commissio
Phoenix 2
Roush
Fountain Hills opens model home center
Sunday marks the grand opening of the $150000 Fountain Hills Model Home Information Center at 11445 N Saguaro Boulevard. The 4000 square foot site serves the builders association and as the hub for the Display of Model Homes tour with 24 models by 15 builders on a 12 mile route. Homes range from 20990 to 69500 and the center is open 10 am to 6 pm daily.
MENTIONED IN THIS ARTICLE
Fountain Hills
Ew Town’s Builders Association
N. Saguaro Boulevard
Fontana
ABA chief backs Financial Institutions Act for homebuyers
Rex J. Morthland president of the American Bankers Association told the National Association of Home Builders the act would broaden housing funding sources by incentivizing all financial institutions and boost stability of thrift funds. He cited HUD data showing banks lead in construction loans while savings and loan institutions lagged.
MENTIONED IN THIS ARTICLE
Rex J. Morthland
American Bankers Association
ABA
National Association of Home Builders
NAHB
Morthland
Hunt Commission
Ie Board of
Peoples Bank and Trust Co
Selma
Ala
Gentleman's Country Estate in Paradise Valley
Five bedroom modern desert estate sits on over four acres with pool and mountain views. citrus and desert landscaping create a comfortable atmosphere. immediate occupancy for six months to one year or lease option. $1000 unfurnished and $1500 furnished per month.
MENTIONED IN THIS ARTICLE
Paradise Valley
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