The Palm Beach Post from West Palm Beach, Florida on December 5, 1976 · Page 89
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December 5, 1976

A Publisher Extra Newspaper

The Palm Beach Post from West Palm Beach, Florida · Page 89

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West Palm Beach, Florida
Issue Date:
Sunday, December 5, 1976
Page:
Page 89
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Page 89 article text (OCR)

Palm Beach Post-Times, Sunday, December 5, 1976 F5 frt DON'T BUY ANYWHERE y2. UNTIL YOU SEE WHAT LUXURIOUS towh hones 1640 Sq. Foot Living Area 500 Sq. Foot Private Court Yard 4 FLOOR PLANS 1 iyL. 9 Has To Offer The Country is located on South Military Trail Vi mile south of Lake Worth Rd. on west side PHONE 964-2650 BEFORE YOU INVEST - INVESTIGATE OPEN TODAY 1 PM-6 PM WEEKDAYS 8 AM-5 PM cern expressed over the relationship of the parking structure. A good beginning for a future complex of governmental buildings." Architects were Pancoast Architects Bouterse Borrelli Albaisa, Architects Planners Inc. of Miami. HONORABLE MENTION - The Miami Police Department building received an honorable mention from the Florida Association of the American Institute of Architects in its 1976 judgingThe jury said the building presented a "difficult institutional problem tackled with vigor and logic, with some con- Housing Sales Fail at crystal lake IBsaxmtSffunll ILaksffraDimt II&smsatiia til I ,-rw -..jl-jM-""" t ir nTTiVl iiii ihrVi n mdfm n tmrt t tin ' . A refreshing new life-style . . . Lots of things to do . . . and lots of room to do them in. Imagine! Two sparkling fresh water, lakes . . . Hundreds of acres of big, two 18 hole golf courses spread across a pond-dotted, palm-studded and rolling green landscape. You can be as busy or as lazy as you wish . . . Social fun has its headquarters at the Leisuretime Center crafts, billiards, cards, pot luck suppers, informal poolside parties, ping pong ... all kinds of occasions for neighbors to get together. There's a big heated pool . . . sun-decks, lounges, a shuffleboard terrace, exercise equipment, hobby room, heated outdoor whirlpool, movies, dances, entertainment auditorium and a barbeque area for al fresco dining. For the golfer . . . Crystal Lake is a veritable treasure: choice oi two well-regarded golf courses, right here in the subdivision, from tee-off to finish within yards of your home if you wish. For further variety, there's another dozen courses within a 15 or 20 minute drive. For net enthusiasts . . . Four tournament-quality courts are available at Crystal Lake. 11 "" Mini' mump 2ft To Slow Record Home Sales Expected for 1976 NEW YORK (AP) - The amazing strength of existing single-family home sales continues to defy the economic slowdown and even long-established seasonal marketing trends that usually show a slowdown as winter approaches. "New monthly sales record were established in every region of the country," said the National Association of Realtors. Resale activity in September, it reported, was 25.7 per cent ahead of the year-earlier rate. In all, 266,000 homes were sold during September, which Realtors said worked out to a seasonally adjusted annual pace of 3.33 million sales. Because of a lower rate earlier this year, actual sales for 1976 are expected to be more than 2.7 million, a record. The vigorous pace of activity in the resale market has gone relatively unnoticed by some of the public and even by professional economists, because of the highly visible depression in the new-home market. But, while the economy was in the midst of the recession, millions of Americans exercised their own individual judgments that used homes were good buys. . The existing home market is unique in some respects. It is all but unorganized. Rather than reflecting the concerted activity of volume sellers and buyers, or the effectiveness of sales promotion, it represents many private decisions. Real estate people repeatedly hear customers refer to existing homes as being better built and more commodious, and often that the neighborhoods in which such houses exist are mature and stable, and better supplied with services and conveniences. The breakdown by the Realtors does not include sales figures on urban versus suburban home sales, but some of the activity is likely to represent a renewed interest in core-city living. The survey shows that the market was particularly brisk in the West, where, on a seasonally adjusted basis, sales rose an unprecedented 15.3 per cent over the August pace. The next strongest performance was the 10.2 per cent gain posted in the Northeast, but sales also were above expectations in the Southern and north-central regions, with monthly gains of 8 per cent and 3.5 per cent, respectively. Again contrary to patterns existing in the economy as a whole, the median sale price of an existing single-family home fell in September tc $38,700 or $700 below the August level. More significantly, the Realtors report, prices in September were just 8.1 per cent above the level of a year ago, and well below the 10.8 per cent rise in 1974 and the 10.4 per cent climb in 1975. The West was an exception to the price trend, with sales tags rising sharply. Reports from that region show prices have risen 16.9 per cent over the past 12 months. The median price in the West was $47,800 in September, compared with $28,600 in September 1972. The median Northeast price was $43,100 compared with $30,800 in 1970. The least expensive area consisted of the north-central states, where September prices were $33,400 or $11,400 more than five years ago. In the Southern region the median price was $36,200 versus $26,700 five years earlier. While some of the activity is believed to reflect the lessening of options because of a low rate of new-home construction, there is a good deal of persistence to the upturn. In only one year since 1968 has there been a decline from the previous year. That was in 1974, when sales dipped to 2,272,000 from 2,334,-000 a year earlier. But the rise resumed in 1975, with sales of ns ycttuiiirs to snij(oy with every luxurious 2 bedroom2 bath adult villa home individually detached adult villa homes for privacy... just relax while the maintenance is done for you ! ! ! SO $29.7 from HOW IMPORTANT IS LOCATION? If being minutes from the beaches, major shopping centers, medical facilities, recreation of all kinds, entertainment then Oriole Villas is the galore and so much much more . only place for you. IMMEDIATE SPRING OR WINTER OCCUPANCY 10 YEAR HOME BUYERS HOW PROTECTION PLAN This is the story of an exciting "happening" for Oriole Homes Corp. Oriole Villa Homes is a culmination of proper planning, observing, communication and experience that initiated this major emphasis on aesthetic beauty and indoorourdoor living and a totally new concept in land development. Now, a new era for adults has begun. We are convinced that the criteria for successful adult community should and must be a combination of many things; design, economic reality and the benefits of nature brought to the forefront that has enhanced the real success of South Florida. We are convinced that the amenities of gracious country living with the advantages of contemporary city life, combined with the benefits of a single villa home with the freedom from many maintenance responsibilities, fills a great void for carefree living enjoyment. Seven spacious luxury models with a variety of architectural designs offering a choice of new dimensions in living and designs with such "villa" features as garden courts, garden terraces, family rooms, screened porches, garages or carports, Florida rooms, eat-in kitchens, Bahama roofs, fully sodded lots that add to the special luxury living you can enjoy at Oriole Villa Homes. Oriole Villas at Crystal Lake are individual homes . . ."Villa Homes" we call them, because they are detached and are on their own lot. And for a modest monthly cost, maintenance people keep up the lawns and also care for the home exteriors. A standard good appearance assures a nice place to live in . . . year after year after year. N.N. 49th ft. M Modtll N W 49th SI N W Sth SI Simplt Rd 6 Models Open Daily 9:30 a.m. -6 p.m. or Call 421-7080 1761 NW 49th St. (Crystal Lake) Pompano Beach, Florida 33064 1-95 OPEN... NOW JUST10 MINUTES FROM FT. LAUDERDALE 30 MINUTES FROM MIAMI TO CRYSTAL LAKE ENTRANCE From U S 1 take Sample Rd 2'i miles west to entrance From I-95 use Sample Rd exit, turn West ' mile to entrance. From U S 441 take Sample Rd 4 miles East From exit 24 Florida State Turnpike to east 1 mile on Hammondville Rd to Powerline Rd then North 2 miles to Sample Rd . then east 1 mile to NW 9th Ave and turn lett. CRVStAl UM f NTNANCf 1 A POMPANO BEACH

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