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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 17, 1973
Page
3
James M. Woodard reports that in 1973 rising values and changing lifestyles push buyers toward cluster housing and smaller lots. Planned Unit Developments offer efficient layouts, green spaces, and reduced maintenance, fitting mobile, transfer-prone families seeking affordable, salable homes.
NAHB President George C. Martin urged Congress to require wage and price controls on lumber and all interest rates if federal action extends the Economic Stabilization Act of 1970. He testified before the Senate panel amid rising lumber costs and market turmoil during Phase II, noting green Douglas fir prices jumped in early weeks.
Broadway Department Stores unveils a six million dollar concept for a sculptured concrete store at Metrocenter Mall Phoenix. The plan, by Charles Luckman Associates, aims to deliver a strong design image and flexibility for new merchandising concepts as national lumber prices surge.
Fountain Hills showcases twenty nine home models from fourteen builders on a 12 mile self-guided tour. The market center on Saguaro Boulevard offers maps and literature and operates daily 9 a.m. to 6 p.m. Builders Association promotes the event with McCulloch Development Co. executive remarks guiding visitors through 22 single family homes and seven multi dwelling models.
InterCity Relocation Service RELO members report rising interest in multi family housing among transferees. Increasing share of buyers consider townhouses or condos. 1970 to 1975 projections and current listing data show growing importance and resale dynamics. Paul M. Hanson cites land cost, near city locations, and maintenance free living as factors.
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