Factory-built homes rise as affordable housing option
The Manufactured Housing Institute notes a shift from mobile homes to modular factory-built houses to combat high costs. Modular homes offer lower loan limits, extended 30 year FHA insurance, and must meet the Uniform Building Code. Financing and zoning remain key hurdles for market growth.
MENTIONED IN THIS ARTICLE
Richard M. Daniels
Manufactured Housing Institute
Glenn Kummer
Institute
Fleetwood Enterprises
Federal Housing Administration
FHA
Malcolm Lewis
Levitt Construction Systems
Mortgage rates seen edging down then rising by mid 1977
D. D. McClatchy president of the National Savings and Loan League and Olney Savings Association in Texas says mortgage rates may dip in the coming months but are likely to climb again around mid 1977 as economic stimulus returns. He advocates modernization of the mortgage system to suit families and the elderly with varied loan types and payment structures.
MENTIONED IN THIS ARTICLE
Houston
Savings and Loan Industry
D. D. McClatchy
National Savings and Loan League
McClatchy
Olney Savings Association
Olney
Texas
Savings and Loan Associations
Garden office complex rises on 32nd Street in Phoenix
Construction has begun on a 13 200 square foot three building garden office complex at 10321 N 32nd Street in Northeast Phoenix. The project by ST Properties of Phoenix, designed by Atwood Associates Architects, and built by Turner Development Corp will open with 7000, 2600 and 2600 square feet spaces. Occupancy is scheduled for January.
MENTIONED IN THIS ARTICLE
32Nd Street
Shea Boulevard
Phoenix
N. 32Nd Street
Atwood Associates
Scottsdale
Turner Development Corp
Jerry L. Atwood
A.I.A
Atwood
ST Properties of Phoenix
Western American Mortgage Co. of
Thirkhill Named Realtor of Year for Arizona
Scottsdale Realtor Ed Thirkhill was named Arizona's Realtor of the Year at the 69th annual National Association of Realtors convention in Houston. He heads Ed Thirkhill Realty and serves as president of the Scottsdale Board of Realtors with offices in Phoenix Tempe Mesa and Scottsdale.
MENTIONED IN THIS ARTICLE
Scottsdale
Ed Thirkhill
Arizona
National Association of Realtors
Houston
Thirkhill
Ed Thirkhill Realty
Philip C. Smaby
National Association
Open House Why Homes Appreciate and Value Factors
A Texas A&M study led by Dr. Arthur L. Wright identifies key drivers of home value growth. Zoning, deed restrictions, neighborhood character, proximity to schools and amenities, privacy and views, kitchen design, energy conservation, and family layout all influence future appreciation.
MENTIONED IN THIS ARTICLE
Texas A&m University
Arthur L. Wright
Texas Real Estate Research Center
Real estate outlook 1977 seen as strong by Realtors
Philip C. Smaby president of the National Association of Realtors told reporters at the 69th annual convention in Houston that 1977 will be excellent for real estate and housing. He forecast record sales of over 3 million existing single family homes worth more than 140 billion and said they expect even better in 1978. He noted possible shifts in mortgage interest and real estate tax deductions and urged cooperation with the Carter administration while defending industry interests and calling for FHA overhaul to restore independence.
MENTIONED IN THIS ARTICLE
Philip C. Smaby
National Association of Realtors
Houston
Carter
Smaby
Federal Housing Administration
Private firms urged to use HUD plan for housing needs
HUD official Elmer B. Smith told a Houston IREM session that private enterprise can administer federal rental subsidies locally. He noted 300,000 Section 8 certificates exist and contracts span five to 20 years, with 495,000 units under subsidy in 1976 costing $1.2 billion.
MENTIONED IN THIS ARTICLE
Elmer EB. Smith
Department of Housing and Urban Development
HUD
Realtors
Houston
Institute For Real Estate Management
IREM
National Association of Realtors
Association
VA loan rate ceiling cut to eight percent in Arizona
The VA home loan interest rate ceiling drops to 8 percent, down from 8.5 percent set March 30, marking the third cut this year. For a $30,000 30 year loan, the change saves about $10.50 monthly and nearly $3,800 over the life of the loan. Existing loans unchanged.
MENTIONED IN THIS ARTICLE
Gordon Lyons
Phoenix Veterans Administration Office
Lyons
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
National League
Shirley Kichen
Shirley
Shirley Eves
Thomas E. Young Realty, Inc
Saddlebag Trail
N. Stapley
McKellips Rd
Arcadia
48Th Street
McDowell Area
Tennants
Vailey
Lincoln
Camelback Mountain
Call
Taney Ae
Dick Baxter
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