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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 23, 1976
Page
6
James M. Woodard notes a nationwide rise in property taxes that undermines home ownership. California sees about 15 percent average increases, with some bills doubling or tripling in a year. The piece questions who is to blame and why homeowners bear the major share of financing, highlighting a growing hardship.
Taxpayers blame assessors county supervisors and the state legislature for rising bills. Calls grow for urgent relief through organized campaigns or a ballot proposition limiting tax increases or restructuring the system. Public pressure could trigger action and potentially a tax strike to push reform.
Real estate notes from Scottsdale compiled with listings and market cues. Properties, prices, and local area notes reflect the October activity and housing scene in the Scottsdale market.
The National Association of Home Builders reports the median price of new homes under the Home Owners Warranty fell to 43500 in September from 43940 in August. The median living area rose to 1638 square feet, while cost per square foot dropped to 27.60.
The Mortgage Bankers Association of America criticizes HUD proposals elevating FHA guidelines to formal regulations. MBA's Dr. Oliver H. Jones cites errors and legal loopholes, warning the rules could hinder borrowers and delay foreclosures, urging a pause for input and testing before implementation.
The Phoenix Board of Realtors with about 300 members urged voting no on Prop 300 to retain Arizona auto emission inspections. President D Evans Heywood cited health benefits and local respiratory concerns, and warned cancellation could cost Hamilton Test Systems up to 10 million and invite EPA scrutiny.
The Manufactured Housing Institute answers claims about unemployment fire safety and longevity of manufactured homes. It cites 46 states with fire standards and HUD rules for 1976, emphasizes built in conveniences, and notes 98 percent use tie down systems to resist hurricane damage.
The Scottsdale Board of Realtors hosted the signing at the Holiday Inn marking its status as the first Arizona board to adopt the affirmative marketing agreement. James Blair of HUD was present along with Arizona board leaders. Blair and Tom Dickey led a panel on the pact.
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