Home buying involves more than mortgage payments
Agnes Edwards, president of the Scottsdale Board of Realtors, notes that purchasing a home is a major commitment. Beyond monthly mortgage payments, buyers commit to a neighborhood and community for the long term.
MENTIONED IN THIS ARTICLE
Agnes Edwards
Scottsdale Board of Realtors
Real Estate Shopping Guide for Choosing a Home
Realtors provide a checklist to help buyers decide between city and suburb, evaluating location, neighborhood, investment value, taxes, accessibility to needs, layout, and yard size. It stresses considering job commute, schools, noise, future resale, and personal lifestyle needs while building a personal decision list.
1977 Real Estate Seen Healthier With More Starts Ahead
James M. Woodard reports housing leaders now expect 1.8 to 1.9 million new construction starts in 1977, up from 1.53 million in 1976, aided by improved confidence, mortgage programs, and more buyers able to afford homes. Young families increasingly employ two incomes, with lenders counting both spouses’ earnings.
MENTIONED IN THIS ARTICLE
James M. Woodard Copley
Themariner
Carter
Housing market ends 1976 on strong note with record starts
The National Association of Realtors reports 3.32 million existing homes sold in November at 142.4 billion dollars, with December hints of a new record pace around 3.55 to 3.60 million. New home sales reached 696,000 in November and 1.94 million housing starts in December, lifting 1976 private housing starts to 1.54 million for the year. Mortgage deposits grew as savings institutions and mutual banks posted new high inflows, signaling a bright lending outlook.
MENTIONED IN THIS ARTICLE
United States
National Association of Realtors
Association’s Department of Economics and Research
H. Jackson Pontius
Association
Savings and Loan Associations
Mutual Savings Banks
Land costs push up price of new homes nationwide
The article argues land and site development costs are the main driver of high new home prices. Labor and materials account for less of the price today than in 1949, due to efficiency gains, but land costs, increased water and sewer tap fees, and local government development requirements raise prices, delays, and overall home costs, with California facing four-month EIS delays adding about 2300 dollars to a 40000 dollar home.
MENTIONED IN THIS ARTICLE
Copley News Service
Colorado
Colorado Association of Housing and Building
National Association of Home Builders
California
Benton names vice president for luxury home firm
Lynn Rigberg, Scottsdale resident and University of Pennsylvania graduate, is named vice president at Benton Properties 4110 N 70th St. She will oversee personnel office management and public relations. She co directs New Directions For Women since 1976 and has led independent workshops. Walker & Lée opens Paradise Valley resale offices at 10401 N 32nd St south of Shea. Ross Caster appointed regional manager overseeing 16 salespeople. G H Dick Shefrin joins Realty Executives at 4130 N 70th St with 14 years broker experience and prior Million Dollar Sales Club membership.
MENTIONED IN THIS ARTICLE
Benton Properties
70Th St
Lynn Rigberg
Rigbert
Scottsdale
University of Pennnsylvania
New Directions For
Walker & Lée of
Arizona, Inc
Paradise Valley
Phoenix
Stan Wolfe
N. 32Nd St
Shea Boulevard
Ross Caster
G. H
Dick” Shefrin
N. 70Th St
Shefrin
Inter-community Relocation Service
Linkletter to address Interstate Realty USA convention
Radio and television personality Art Linkletter will be keynote speaker at the Interstate Referral Service Realty USA national convention at the Safari Hotel. Tom Malone, president, will present master realty associate awards to sales personnel who have qualified under the company training program. Interstate Realty USA is a national real estate franchise offered by Interstate.
MENTIONED IN THIS ARTICLE
Art Linkletter
Interstate Referral Service- Realty USA
Safari Hotel
Fred Herman
Interstate
Tom Malone
Interstate Realty USA
Interstate Referral Service
St. Louis
Realty USA
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Linkletter