Housing upswing predicted as demand meets supply in metro area
Paul Staman president of the Home Builders Association of Central Arizona says mortgage lenders forecast equal demand and supply by June, forecasting a housing shortage and rising prices until builders expand production. He notes Maricopa County 1974 home production fell about 30 percent and cites buyer caution amid economic uncertainty.
MENTIONED IN THIS ARTICLE
Home Builders Association of
Central
Arizona
Paul Staman
HBACA
Staman Thomas & Co
Staman
Maricopa County
Realtors discuss warranty plan and economic policy at midwinter meeting
National Association of Realtors approved a warranty program for existing homes to protect buyers with inspections and component reports, aiming for July deployment and May final approval. Economists debated Ford energy policy with forecasts of deficits and inflation risks, while a congressman urged public action to boost home construction and financing, and a San Antonio renewal project linked river development to tourism growth.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Association
Ford
W. Philip Gramm
Texas A
Congress
Jack W. Curington
San Antonio
Apartment Investing Shifts to Catch-Up Growth Says Carlson
Don W. Carlson of Consolidated Capital says rents will catch up with rising costs as apartment holdings expand across middle income segments. He describes high visibility properties near hotels and freeways to secure occupancy and details social and operational practices from resident naming to staff rotation to boost performance.
MENTIONED IN THIS ARTICLE
Carl W.ritter
Copley News Service
Don W. Carlson
Consolidated Capital Group of Companies
Oakland
Calif
Carlson
Consolidated Capital
Stanford
Existing home sales fall 3.3 percent in December 1974
The National Association of Realtors reports a 3.3 percent year‑over‑year drop in December existing single family home sales, marking a fourth straight month of over 10 percent declines. Median price rose to 32720, up 11 percent from December 1973, with regional price variations.
MENTIONED IN THIS ARTICLE
National Association of Realtors Department of Economics and Research
North Central
Southern
Western
Also Mentioned on This Page
Money Matters
Carefree
Sundial
Cavecreek Road
Joe Vaccaro
Arcadia
Phoenix
Villa Lafayette
East Lafayette Blvd
Ed Thirkhill
Nings
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