Condominium living grows in appeal and cost
Condominiums attract buyers from budget conscious to affluent as the boom spreads nationwide. The trend blends ownership with low maintenance and shared responsibility, with examples like the Muzzys in La Jolla showing a personal home feel within a four-unit building designed by Russell Forester. The units offer space and luxury and the option to travel without yard work or maintenance worries.
MENTIONED IN THIS ARTICLE
Clyde Smith
Copley
Edward J. Muzzy
la Jolla
Calif
Muzzy
Russell Forester
Virginia Knauer
Office of
Consumer Affairs Department of Health, Education and Welfare
Goldwater predicts budget cuts to spur Arizona real estate growth
Senator Barry Goldwater told Scottsdale Board of Realtors that a balanced federal budget will halt construction woes and revive Arizona real estate. He warned about inflation from excess government spending, cited rising Arizona realty financing of 14.5 percent versus a 7.1 percent national rate, and projected Phoenix becoming a major city.
MENTIONED IN THIS ARTICLE
Barry Goldwater
Ariz
Arizona
Scottsdale Board of Realtors
Phoenix
United States
Goldwater
Congress
Ask questions before moving into a condo
Virginia Knauer explains condo living trends and cautions buyers to verify refunds, settlement costs, monthly maintenance, ownership of common areas, and resale restrictions before purchasing. The piece outlines tax benefits versus hidden costs and common complaints about construction and upkeep.
Realtors urge Congress to simplify closing cost rules
The National Association of Realtors proposes early full disclosure of all settlement costs and lender issued cost booklets to buyers. Tulsa area leader Loyal Starcup argues that simplified model statements could replace truth-in-lending forms and reduce consumer confusion and costs.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Congress
Loyal Starcup
Scottsdale Board of Realtors
Starcup
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