The Boston Globe from Boston, Massachusetts • 124

44 A Boston nnday Glob, Jon 1J, Why Today's Average Home Buyer Is Pausing To Shop a Little Longer homes built in 1950 or later, prices in the under WASHINGTON HOUSING REPORT group are higher in 31 percenti i a rv oi xne nation, ana lower in tt percent Prices of homes in the I range arel I i 1 GOP to Support Senate Housing BillIt's the Lesser of Two' Evils" Today's potential hom buyers more selective and in-' creasingly concerned with valuer have a wider choice in the variety and price range fif existing houses for sale today than a year ago, the National Assn. of Real Estate Boards reports. The Association drew this conclusion on the basis' of replies from a national panel of 236 realtors to the current survey of the real estate market. While the survey disclosed that on a national basis buyer demand for houses is about higher in 36 percent of thej I communities, and lower in 17 percent In the $20,000 and over, cattgory, prices are higher in 32 percent of the nation and' lower in 25 percent With respect to homes builtj between 1940 and 1950, prices in the under $12,000 group are higher in 24 percent of the areas nd lower in 35 percent. In the range, House.

The process would by By HUGH L. MORRIS WASHINGTON, June 18 The Eisenhower administration has quietly thrown its support behind the Senate omnibus pass the House Rules Committee but would 'require a two-thirds majority vote. The administration's biggest objective, in the wav of hnus- housing bill as the 'same now as it was a year revealed widely differ I'n legislation this year, was to a means oi blocking the much broader extend or make permanent higher prices prevail in 27 per- cent of the communities, and' lower ones in 30 percent Fori the $20,000 and over group, 23; percent of the respondents in-1 The fxrtt eontideration, price. FHA Title I (home improve improvement program, tht housing bill also renews G.L home loans and provides new money, opposed by the ad ministration, for urban renewal and college housing. The bill would allow FHA to reduce the' Insurance premium from Vi of 1 percent to V4 of 1 percent.

This would be discretionary authority if the agency found it financially sound. Senate housing leaders put off until next year the rash of new programs which the subcommittee has drawn up to meet the expansion of homt building and mortgage financing needs in the 1960's. legislation be- -Jfn. ment) program scheduled to ing estimates of demand in specific areas. With respect to new homes.

27 percent of the panel said that demand was up moderately compared to a year ago, the ties with a heavy concentre-(mortgage financing and expire bept. 3u dicated higher prices while 34 LJzJ ul in tion oi nign income lamiiies.idefrree of market A continuation of the trend percent reported them to be ing advanced in the House. Not that the administration likes or even In addition, it wanted to let the World War II G.I. home loan program go out of busi lower. residential toward UD-grading ness July 25 and to put FHA on while 23 percent reported it to be somewhat lower.

For existing homes, demand was de lies who have previously ARTHUR R. RA YMOND, president of the Rhode Island Association of Real Estate Board, ho been appointed lo a three year term on the Rhode Island Real Estate Commission. wants the Sen- -ate bill far i Specific findings of the re port are as follows: i a permanent basis instead of a year-to-year insurance author owned one or more homes. scribed as moderately higher Ranches, Splits At Rustic Acres from it but In 23 percent of the areas, and Such persons, the report ob- The survey finds that the volume of listings of existing ity grant by Congress. While extending the home us mnrierate lower in ic chasers" who know what they single-family homes have in Federal officials feel some housing legislation will be passed and the Senate bill is the lesser of the two evils.

Three model homes were want and the Drice thev are Colonial Park willing to pay. Many of them ag0. Tne suppiy of listings for to Prospective home REALTORS huvers at Rustic Acres in Nnr- vivj The bills are similar in re- North Walpole Homes Now Open in well-established last week-end. A fa-jContmued iromPrecedmg Page nCwing current activities, but Homes on Display vorite was the 4 bed-room the House' bill goes much furrier rninnioi wii tH-L rnpeny Management Keai t. -tt; hoods with basements, dining perpnt of the areag flnd ower What does a fine new high- ntsir mean it rfovplrmmpnt? Lakewood Terrace, a new rooms, and two-car garages.

rj instate Syndication and Fub-r in 27 percent Once they tind such a resid- For houses in the 112.000- IT .1. He Real Estate ence, many of them investigate $20,000 category, the volume ot'Zl ZA thV seven-room "The APPraisal Process-a Key the cost of renovation, is now -reater in 39 i t0 Government percent "Where demand was down," the survey report Mid. "the condition was often attributable to the higher monthly payment caused by Increased interest rates and In some instances by the shorter term required by some lending institutions, "Price consciousness, or an Inclination to pause and shop a little longer, were reasons given for a moderate decline in demand in some areas." In general, cities in which home section, is now open for The Robert stone Ca is credit. inspection at No. Walpole at the ing the opening on Memorial Westwood -Norwood line.

Sev-Day of Rte. 93, a scenic link eral architectural styles areiwith Rte. 128, with the sale available, including at least eight homes in An- mg built-in appliances and percent of the -communities, homes iC I modern heat.ng and cooling and lesser in 24 percent ndivdually panned for Realtors who will serve as th. Homn fnr the case of residences priced at lhe new owners before Con-iPanellsts and moderators of Often the demand for mnro varim, A Federal housing official called the Senate bill "reasonably moderate," in the sense that it contained "no new gimmicks." although it has a much higher price tag than the administration likes. dover's spacious Colonial Park.

cape, and split level, and some homes is based on the hope of "of iisUns is 7a iuU deSSed hy J- TB A. findine existing financing a iJfw a ucidueu latest north-of-Boston country-estate type area. The influx of home seekers last week-end far exceeded ex Druker, Frederick L. Dabney, (same as a year ago in 40 per-1 consultation between the home mrirtoarta r-arfxfirtf a rata ha.l of the models have two-car garages included. Here's how to reach Lake-wood Terrace: From 128 take 1A South to Norfolk County Agricultural School, Walpole, turn right on Fisher st.

Vt mile Arthur P. Wilcox. William low tnrcGrenr rnarket-thl who offers Democratic housing leaders Rallard. Tlinton Mill nnA can be assumed by th new demand is up are character New variations in homes arelAlfred H. Dolben, of Tne rejected many lower in 20 percent.

ized by industrial growth and-owner, the report says. "Re- aj John F. Rowlsnn. Armand ana 11DPral proposals in a deliberate effort to enact hous to model homes. From 128 take spondents in all regions commented on the general lack of pectations of company officials, who now foresee quick and substantial expansion of housing in Andover.

Colonial Park is well adapted to accommodate medium income buyers with a yearning for gracioui country living. a steady increase in population, and some are communi- Several realtors observed that the supply of existing LUIiWllUOtlJ lu'Y. i 'py W-Ttlpv-U fc Rustic Acres and can be seenlGagne and Roger W. Driggs daily in all phases of con-jof Hartford, Ct; Milton H. 109 to Bubbling Brook Restau rant in Westwood, turn left on struction.

Sales are handled anaw, auaoury, uerara J. uai houses for sale is greater than ing legislation in the rapidly-expiring days of this session of Congress. While some additional water North st, 2 miles to model year ago because the time (by Countryside Homes Inc. jlahan. Brockton; Irving Leigh homes.

Brookline. with offices at Rustic Acres and Edmond J. Tousignant, Fitch- ing-down can be anticipated in on Route 1 on Norwood. burg; William H. Ball and the give and take of oompro required lor marketing is longer.

It is reported also that "some potential sellers have an exaggerated opinion of the sales price obtainable and seek to list at a price somewhat higher than realizable in the current market." William T. Beazley of Newjmise, it is expected that the Haven, Ct; Norman R. Bene-'Senate bill can be passed and diet, Hampden, Ct; F. Jeromejwill be signed into law by Pres-Silverstein, New London, Ct; ident Eisenhower. Hub Group to Port Charlotte Hubert D.

Eller, Richard B. Big major barrier to the Goetze ard Edmund J. Mc- House bill one it may never Sm Ciinrlnit wirwn i rf Tuna of New York City; get across is the rules com- With respect to new single- famiiv hnme the vntnmp nf )innorf r.rovhwmH siretcner. mittee which has a naon ot listings of residences priced at leave Boston, headed for Porti Heriri M- David, Hartford.iholding up the housing bills and iCt. .415 000 nr nver ic roncfhlv 1hp f'Vinrlrit a mnrliarn pnmmn oiner controversial measures 'Sf t---j rs.tr.

it SAW same as that of a year ago on nity on Florida's southwestern! prfee w. ievoe, iew jviu-a nationwide basis. For the coast. ct Gross, Ms Sab jh I 'v under $12,000 category, how-l Aboard the bus will be ap-ieslPort- Marjone wai- i ever, listings are lower than proximately 50 Bostonians0." ana uesier iviorrui, they were a year ago in 43 per- who are in the market for re- Quincy; Robert Holloway, cnt of the areas, and greater tirement homes. At present, Baton Rouge, Peter S.

in only 20 percent I there are eight seats still avail- Meltzer, Springfield; Joseph does not like. In fact, Senate and administration leaders are counting; on the House Rules Committee to block the House bill. They plan a political end-run with the milder Senate bill as a substitute for the House bill. The survey indicates that in. able.

For information, t-ontact B- uoneny, Anaover, jonn Carrott, Greenwich, Ct; Daniel general, the values of well- Charlex at 1B3 Bovlston st M. Ninde, Durham, N. Lowell Baker, Chicago, located, good quality existing' Tom O'Donnell, Charlex rep-homes have remained rela-resentative, points out that the tively constant over the last 12 trio is the first of its kind in GARRISON COLONIAL with attached garage at 18 Tamarac Newton, told for Auntin 'Cladyt E. Hogan tn Daniel M. Kan through the office of John T.

Burnt, realtor. Carolyn F. Bowles, Portland WATERTOWN BRICK COLONIAL at 19 Ston-leigh told for Mrs. Walter Stone to Mr. and Mm.

Leon Elian through the office of Winifred L. Hughes, Watertown. This would be accomplished by sending the Seriate-passed months. jreal estate sales history in.Or., and Beatrice A. Marshall, For single-family existing 'New England Wynnewood, Fa.

bill directly to the floor of the REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE REAL ESTATE G.l. HO CflS BflSH DOWHj tm' 1 INT,) 1 I rMlflltHS VjUJnnJtkm.y The Duxbury 16,950 CHELMSFORD The Regent 47,500 COLONIAL RANCH, 3 BEDROOMS YU haVC now een al1 the RrnROOMS GARAGE FINISHED PLAYROOM ATTACHED GARAGE Spring Openings-Now come 3 BfcUKUUm: WALL REFRIGERATOR BIRCH CABINET! L- II 1 Featuret 'i ACRE LOTS DISHWASHER G.E. RANGE If BATHS FINISHED STREETS DISPOSAL CLOTHES WASHER eW England's Com- FIREPLACE CABINET KITCHEN VlMT nn jf 1 COUNTER TOP RANGE AND APPLIANCES 'trmi" mwni cwtir hi mtut jf Weo855 xIl munittet featur WALL OVEN IN COLOR A i urinie till gr'r i fietc0VS Hyrdomtc DIRECTIONS hv Pax Rent miJr di 'V 1 (Exit 35A) to Route 129; af RENT RECEIPTS BUY NOTHING! WTXTllZZLl. d.H.m. Ill i a 1 NORTH READING IM WESTON A Lexington Builders, Incorporated Prrxrnte BRIARWOOD ACRES Francis Wyman Road, Burlington MODELS MODERN- IV Six Room Ranchtt Fully Plastered 0 ST0UGHT0N $13,000 rm, rnr, mrM rah, kit .11 uliim romh llrh.

raf, Vi acre land, top re.ld. $13,800 1 itrm Ctrit wlih rln. In all rnmh. alqm. win-dnw.

dotirn, Ideal Inc. $14,500 tm. Nmrh, Inl. luinarm all heal, arrrene rl-ln rarnert, full hanl, landaraped. A Fill Battmtnt Ceramic Tile Balht Ferced Hot Water Heat All Electric Kitchens Select Oak Flooring Birch Cabinets $14,500 $14,500 Low down payment Low down paymtnt CUSTOM BUILT 3-BEDR00M RANCHES Parkview Acres, Billerica 1 Urn.

b.dVoomi, W.ttinqKoui. w.ll ov.n, count. r-op tnq; ihuit Un, trmie til in bathroom, Urq. dry tllr, with eonn.ctioni nd drint for w.thinrj m.ehin.i nd a deer to th. ihd.d bckyrd.

All ih.d.t, terccnt, 2 combination deort; Undteapcd let with thrubt. IHrrrllnn Mitl hnm. n'n I O.IIt T.k. R.nt. In Blllrrlri Jn.l pil Burlln.lnn.Rillrrlr.

Town I ln. w.trh for ilm iP.rktlrw Acrn) juit b'fnr. Thratrr, lol-low ilfn t. Mndrl, KAL-H REALTY CORP. 731 Boston Road, Billiriea, Matt.

MOntron 3-4998 Sioiri a ltll v. him hiiu is Srt our iirnlshfrl morlfl home. Saturday and Sunrtiiv. 1- p.m. or weekday or evening aprtnintmrnt.

rail Ml 3-3448 or VO 2-S553 DIRECTIONS: Rte. 3A North from Purlincton Shonnini Center. 1 and 4 10 milrn to Rte. B2 (Fcanrin Wvman Rd I. bear left, proceed 1 and 2.10 milea to Arrea.

CONTEMPORARY- CONVENTIONAL- Now Under Construction 6 to 13 Rooms CUSTOM HOMES OF TOMORROW PRICE RANGE FROM $30,000 UP. A. J. COMEAU CONST. INC.

WESTON TW 3-1104 TW 3-3181 $17,900 HYDE PARK. $8900 7-room ainsle. w. il I ound but needj tome model nl- New AS rail, lifdrr With farpnrt. nind rah i.

Ranrh all aindnir, rrk hillll-ln unlla, nirliire $15,900 Yrnif rhnir nf nw Inf. Hv. rm, with drnl. nd Plrtiirn wind kttrh. with dinine, rr.

birrh rh li-r. wall oven. 3 bfrtrmj tiled bth nlu xpaninn hf 1orm. for uttrii hrrtrm. unrt b-thK Ofirac, w.

nil ht lndrappd. nicp fttin. on 1 cr lpvol lot; only min. off Bout 28 on raved utrpet: nnn for lnnrtion 1:30 to Dlitrtton: hfd north on to 311 St'rn A' tm' nr" .11 naliiiitl Hit, ing and inur. Weal RANDOLPH $14,900 STONEHAM BRICK RANCH $25,500 Thl, better than new year voting hrirk ranch la loraled 1 block from the Country Cluh In very deairahle neiRhbornood.

Haa frpt. llv, dining room, lite, and porch, attached itarage, ewerae. Must be neen to he appreciated. COUNTRYSIDE REALTY HYDE PARK, $10,900 CAPE. 4 rnnmj, older at.vle hr completely decorated and modern new tile bath, birch healin a.vatem.

HYDE PARK, $15,900 HOME and hiuineaa; 3-4 rm. anta plua barber anon. J. J. HOUSTON CO.

immkhi ate orruPANCY, rn Ranch $11,993 YOUNO Fanrh on beautifully landnraped lot llvrm mod. 2 hedrma bath, porrh, patio, baae. 'HA SI)0 dn, I05 mo. Inrlda. taxea.

Hurryl QUINCY, $12,800 H0LBR00K, 7 DnnU( nnanrin arraneeo; riean. rom-riUUmO Ifortahl. Colonial home; fireolared jivma r.XCTX.. rm. fam.

home, dea. TTtt AfT" w.m. ii, aiairwav. run NEWTONVILLE iniiarna cm nr handy to hrh nrnhhnr I "mny ii rnam- hnal, rhurch ZTXZ etTe" B-nM. pr-w riial hunt lanrh for ale Tale Li Hi i i ii i iimw itwmtmmm Hji in ri ii I isvn LAN ooo.

OWL AN It CO VI -3300 Realtor; TD 11 tlm It. tTonehem 6-1766 4 Fairmoont EMpne 1-Ofiao North build, on pirm. p.m. tin,.