Mortgage rates head toward 8.25 percent in coming months
Economists Mark J. Riedy and Kenneth J. Thygerson predict a continued decline in home mortgage rates, possibly dropping to about 8.25 percent, the lowest since 1973, with rates in California around 8.75 to 9 percent and some variable offers near 8.5 percent.
MENTIONED IN THIS ARTICLE
California
Mark J. Riedy
Fédéral Home’ Loan Bank of
San Francisco
Kenneth J. Thygerson
U.S. League of Savings Associations
Savings and Loan Associations
Riedy
Local board installs officers in Scottsdale Realtors group
Agnes Edwards of Ed Post Realty becomes the first woman president of the Scottsdale Board of Realtors. New officers include Ed Grose as first vice president and Hal Lewis as second vice president. Directors include Ed Curtis, John Gilmore, Pete Hays, Dave Froehlich, Harold Jones, Bill Radmall, Russ McClure, Mary Helen McGinn, Gary Underhill, Weldon Minchew, Robert Newman, Loyal Startup, Ed Thirkhill, and Rosemary Terhaar with various association roles.
MENTIONED IN THIS ARTICLE
Agnes Edwards
Ed Post Realty
Scottsdale Board of Realtors
Ed Grose
Ed Grose and Associates
Hal Lewis
Hal Lewis and Associates
Ed Curtis
Ed Thirkhill Realty
John Gilmore
Realty
Pete Hays
Ed Thirkhill
National Association of Realtors
Rosemary Terhaar
Existing home sales brisk in November pace tops 3.3 million
National Association of Realtors reports November sales at a 3.32 million seasonally adjusted annual rate, up 0.9 percent from October. Kenneth Kerin cites 1976 likely to set year totals near 3 million units and a dollar volume around $125 billion, the best year on record for real estate brokers. Regional leaders show the South at 88,000 units and $3.6 billion in value.
MENTIONED IN THIS ARTICLE
United States
National Association of Realtors
Kenneth J. Kerin
Association
Kerin
South
North Central
West
Northeast
Grubb and Ellis Notes Phoenix Office Leasing Surge in 1976
The Grubb and Ellis study shows Scottsdale hosting over 44 000 square feet of second half 1976 office space with total Scottsdale space above 400 000 square feet and about 180 000 available for lease. Valley leasing exceeded 400 000 square feet annually, with 250 000 leased in H2 1976, led by East Phoenix.
MENTIONED IN THIS ARTICLE
Scottsdale
Grubb and Ellis Commercial Brokerage Co
Grubb and Ellis
George S. Iliff
Metro - Phoenix
Phoenix
Seventh Street
D6th Street
van Buren
Iliff
Uptown Central Corridor
McDowell Road
Seventh Avenue
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Tempeareg
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Enon Soul
Verend Caltor R & Associates, Inc
E. Camelback Rd
Sweetwater Street
Paradise Valley