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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jun 23, 1973
Page
4
Women increasingly invest in real estate and REITs amid inflation as a management-free, high yielding option. A Continental Mortgage Investors survey shows women now make up about 34 percent of individual REIT buyers, led by retirees, drawn by 8 to 10 percent first quarter yields and broad diversification.
The Senate approved a 1 billion aid measure by 64 to 21 to fund eight years of grants for state land use programs guided by federal standards. Senator Henry M. Jackson said the move would prod action, while Republicans failed to curb the bill's guidelines.
International Realty Consultants Inc reports that more than half of the 40 million annual movers relocate for job reasons and many travel over 100 miles. The IRC program coordinates relocation services, including initial contact, hotel accommodations, area information, and ongoing home search help to streamline a move.
Arizona Public Service Co. has acquired a one acre site at McCormick Ranch east of Scottsdale Road between McCormick Parkway and Northern Avenue for a new substation. Frank McCullough and Guy Lunt described extensive landscaping and enclosure. Construction to begin in September with first phase due by November to serve area electric customers.
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