Record year for home production predicted in 1972
The National Association of Real Estate Boards forecasts a record 2.1 million housing units entering inventory in 1972 along with up to 850000 new apartments. A surge in existing home purchases by under 35 buyers and rising vacation property demand are noted, aided by tax cuts and improved consumer confidence. Mobile homes may reach half a million units.
MENTIONED IN THIS ARTICLE
E. M. Brooks
New York
National Association of Real Estate Boards
NAREB
Catherine Martini
Association
J.M. Woodard
P.O. Box
Santa Barbara
Calif
Mrs. Archer Keeps Vast Lyon Realty Listing Files
At Russ Lyon Realty in Phoenix, Mrs. Marcella Archer heads the listing office with two assistants. She manages an extensive cross filing system including an active file, an oversized dead file dating to 1947, and separate owner, address, and legal files. Her workspace is reaching capacity due to thousands of active listings.
MENTIONED IN THIS ARTICLE
Marcella Archer
Russ Lyon Realty
Camelback Rd
Lyon Realty
Carefree
Ed Thirkhill Realty honors staff at personnel meeting
At Executive House a gathering honored Ed Thirkhill Realty staff. Edith Liszt won the top rental yearly award for the third year running. Bernard Levine was promoted to vice president and sales manager of commercial sales, property management and leasing. Jennie Risz was top bonus and trophy winner for 1971. William McDonald was named vice president and assistant to the president.
MENTIONED IN THIS ARTICLE
Ed Thirkhill
McCulloch Promotes Executives at Fountain Hills and Lake Havasu
McCulloch Properties names William Fisher executive director at Fountain Hills and James W. Adams head of operations at Lake Havasu City. Frederick Schumacher becomes senior vice president for project development and Charles Thompson is senior vice president for corporate planning. The firm plans Pueblo West Colorado and Spring Creek Nevada projects.
MENTIONED IN THIS ARTICLE
Fountain Hills
Lake Havasu City
McCulloch Properties, Inc
William Fisher
Scottsdale
James W. Adams
McCulloch
Holiday Island
Arkansas
London Bridge
Ozark Mountains
Pueblo West
Colo
Spring Creek
Nevada
Open House Financing Basics for First Time Buyers
A Copley News Service piece summarizes key home loan facts for new buyers. It covers down payments, rates, and fees for conventional FHA VA loans, emphasizes shopping around, and notes 3 to 10 percent down with 7 percent max FHA VA rates, plus points paid by sellers. It also explains approval factors and the leverage advantage of real estate investments.
MENTIONED IN THIS ARTICLE
James M. Woodard
Copley
sHere
Savings and Loan Association
Federal Housing Administration
FHA
Veterans Administration
Also Mentioned on This Page
Oceans
Great Lakes
Valley Land Compan Federal Savings & Loan
East Cate Rd
Arizona
Scottsdale Daily Progress
NADA
Consumer Relations Service
N.W
Washington, D.C
National Automobile Dealers Association
N.A.D.A