Lumber Shortage Drives Up Home Costs in 1970s Market
San Francisco reports a severe housing squeeze as lumber and plywood prices surge amid rising labor, tax, and insurance costs. A 1.1 billion board feet timber boost and navy measures aim to ease the supply crunch and stabilize mortgage costs, with lenders tightening loans and higher interest rates persisting.
MENTIONED IN THIS ARTICLE
San Francisco
UPD
S. Advance Mortgage Corp
Twairoit
Advance Mortgage Corp
Oregon
Closing costs can hit hard for home buyers
A real estate expert outlines typical closing costs including mortgage processing fees title insurance escrow charges survey and taxes. Estimated charges span from about 300 for mortgage policies to 150 250 for surveys and 500 yearly taxes, potentially totaling up to 1500 over the home price.
MENTIONED IN THIS ARTICLE
Phoenix
Scottsdale
Crown Center offers first total environment offices
Kansas City officials announce five new Crown Center office buildings in an 85 acre $115 million urban development. The complex blends parklike setting residences underground parking and adjacent shopping and entertainment with nearly 600000 square feet of space to be ready by November 1970. Interior features include tinted solar glass 9% ceilings and underground garage access designed by Edward Larrabee Barnes.
MENTIONED IN THIS ARTICLE
Kansas City
UPI
New York
Edward Larrabee Barnes
Firms find treasure in corporate real estate holdings
New York reports show corporations uncover valuable assets in longheld real estate not yet appraised. Experts note undervalued properties can boost borrowing power or generate cash flow through development and innovative financing like sale leasebacks, with demand for real estate expertise outpacing supply. Major players such as Martin Marietta and Chrysler Corp push into the field through ventures and subsidiaries.
MENTIONED IN THIS ARTICLE
New York
Edmmund J. McRickard
Brooks, Harvey & Co
McRickard
Ted Many
Rye Ae
Wall Street
Martin- Marietta
Florida
Chrysler Corporation
Homebuilders Press for More Mortgage Funds in Housing Drive
The National Association of Home Builders urges the federal government to inject 10 billion into mortgage markets to spur construction toward 2 million homes annually. NAHB leaders cite anti inflation policies as throttling starts and call for both direct and indirect credit measures, while Romney signals selective support but rejects mandatory controls.
MENTIONED IN THIS ARTICLE
Washington
UPI
National Association of Home Builders
Louis R. Barba
Chatham, N.J
Association
Congress
Nixon Administration
Barba
Commerce
NAHB
Federal Reserve
Treasury Department
Federal Home Loan Bank Board
Federal National Mortgage Association
The
Treasury
Nixon
George Romney
Romney
Realtors Move to New Office in Scottsdale East
Jim and Dorothy Kennedy join Ed Post's Scottsdale East sales office. Each partner has earned honors for selling over $1 million in real estate in a single year.
MENTIONED IN THIS ARTICLE
Scottsdale
Jim
Dorothy Kennedy
Ed Post
Scottsdale East
Also Mentioned on This Page
Camelback Mountain
Anks
Federal Home Loan Bank
National Forest Products Association
NFPA
Housing and Urban Development
Association of General Contractors of America
Pentagon
Interstate Commerce Commission
Pacific Northwest
Wood Products
By Gordon Robbins
Scottsdale Daily Progress
SREB
Scottsdale Real Estate Board
Don Leiferman
J. R. Sanderson
Henry Gruenemeier
Forest Mathes
Hallcraft Realty
Scottsdale Rd
Jim Glenn
Hallcraft
Tempe
E. Indian School Rd
Wantad
Rizona School OF Real Estate
W. Indian
Garefreedom Villa
Gaia Colony
Casitas
Villa Monterey
Mehagian
Camelback Road
76Th Street
Aps
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