Apartments Rise as Single Family Homes Lose Ground
The Commerce Department reports 45 percent of new housing starts this year are apartments or multi family dwellings, up from 35 percent two years earlier. High land and financing costs push builders toward multi family projects while mortgage costs rise. mobile home shipments climb 50 percent since 1965 as credit tightens. Phoenix South Bay Club in Arizona debuts with 556 units and a $750000 recreation complex offering furnished singles and one and two bedroom apartments with monthly rents $145 to $320.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Phoenix South Bay Club
40Th St
Camelback Rd
Phoenixt
South Bay
California
Los Angeles
R & B Development Company
South ‘Bay
Mission Bay Area
San Diego
Mountain View
Calif
Betty Crocker Tree House Restaurant Construction Begins
Construction has begun on a Betty Crocker Tree House Restaurant and Pastry Shop at the corner of N Scottsdale Rd and Monterey Way. The one story unit will cost $100000 to construct with a tentative completion in mid January. This will be the second of its type following a Betty Crocker Restaurant in Dallas Texas.
MENTIONED IN THIS ARTICLE
Betty Crocker, Tree House
N. Scottsdale Rd
Monterey Way
Dallas
Tex
Post Realty Wins National Advertising Award in San Francisco
Ed Post Realty of Scottsdale gains top honor in the National Institute of Real Estate Brokers Advertising Awards Program for Classified Advertising. The 25th annual event, held at the National Association of Real Estate Boards Convention in San Francisco, drew 200 firm entries judged by advertising and graphic art experts.
MENTIONED IN THIS ARTICLE
Ed Post Realty .of
Scottsdale
National Institute _of Real Estate Brokers
NIREB
National Association of Real Estate Boards
San Francisco
Ed Post Realty
Scottsdale Real Estate Board
National Institute of Real Estate Brokers
National ‘Association of Real Estate
America
Industrialized Building Congress planned in Louisville
Plans announced for the first Industrialized Building Congress in the United States to run October 4 through 7 at the Kentucky Exposition Center Louisville. Richard Bullock named executive director. Event aims to promote assembly line construction to address a housing and building supply gap while showcasing industrialized methods for homes schools hospitals and offices.
MENTIONED IN THIS ARTICLE
United States
Professional, Builder Magazine
Kentucky Exposition Center
Louisville
America
Richard Bullock
The
Congress
Bullock
HUD
Romney
Saide
Scottsdale Split on High Rise Zoning In Survey
A random telephone survey in Scottsdale shows citizens evenly split over allowing more high rise zoning. Twelve residents voiced opinions with varied views, many urging limits to protect the Western town image and village atmosphere, while some favored high rises in certain areas.
MENTIONED IN THIS ARTICLE
Scottsdale
Scottsdale Daily Progress item header
Scottsdale Daily Progress dated Saturday November 29 1969 reports local happenings and brief notices across the city with emphasis on community events and citizen notices.
MENTIONED IN THIS ARTICLE
Scottsdale Daily Progress
Mountain States starts addition at Scottsdale Mountain Bell
Mountain Bell undertakes an underground 8,000 square foot basement addition at its Scottsdale office designed by Patrick J. C. Mather. Robert Ewing Construction builds the project, totaling about 350000 dollars with equipment installed by May 4, 1970. The site, formerly a paved lot, will be repaved after completion and connect to existing basement facilities. G. A. Bradley notes growth in Scottsdale drives the expansion and district records will be updated.
MENTIONED IN THIS ARTICLE
Mountain Bell
Scottsdale
First-St
Patrick J. C. Mather
Telephone Company
Robert Ewing
Cox
G. A. Bradley
Mobile home parks rise in popular new communities
Mobile home parks gain traction as a balanced housing option alongside single family homes and townhouses in planned communities. Parks require water electricity gas highways and transit access with over 25 000 parks nationwide and most mobile homes selling under 15000. Buyers skew young couples and over 50 while zoning remains the main hurdle to park development. Studies refute overcrowding fears, showing park child populations lower than many other developments.
Home loan rates continue to rise to record levels
The Federal Home Loan Bank Board reports October rates for new and used home loans climbed to 8.12 and 8.13 percent, the eleventh straight monthly gain. Excess demand and limited funds drive the rise, with October seeing a record savings withdrawals and S and L associations lending $1.64 billion while borrowing $475 million from federal banks.
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Washington
UPI
Federal Home Loan Bank Board
Preston Martin
Savings and Loan Associations
Federal Home Loan
Second homes boom reshapes American leisure housing
New York reports a nationwide rise in second homes from modest cabins to lavish estates across beaches and mountains. Communities form around summer and winter recreation with many units designed for full time living and retirement, priced from a few thousand dollars upward.
MENTIONED IN THIS ARTICLE
NEW_YORK
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Shoeman Lane
Paina Ferry
Post
Callus
Rick le Sueur
Miami Beach
F. J. Gartrell
E. Hubbell
Scottsdale Baptist Hospital
Don Cook
Gordon Podle
E. Sheridan
Scottsdale’ Rd
Lida Ryrie
Paradise Valley
John Trostle
E. Wilshire
the Baptist Hospital
Charles McMurray
E. Palm Lane
J. E .Hurst
Bruce Vaughn
N. 75Th Way
Dean Pease
Belleview
Records Office
Bradley
Arizona
School OF
Arizona School OF Real Estate
Pollard
West Indian School
Villa Monterey
Casita Colony
Casitas
Mehagian
76Th ST. North
Wmi A