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Detroit Free Press from Detroit, Michigan • Page 10

Location:
Detroit, Michigan
Issue Date:
Page:
10
Extracted Article Text (OCR)

PARI ONE THE DETROIT FREE PRESS SUNDAY, MARCH 12. 1944 Realtors Are Optimistic Bright Future Seen in Detroit Area Sales Advertising Two Detroit Firms Win Ad Awards 1 $185 EmpTt Ic'vaVmyers 12-2283 1 Realty Price Increase Due to Demand That the demand factor in the supply-demand equation is primarily responsible for the increasing costs of new construction and existing: homes in todav's murker TV Ar I was the consensus of a panel dis- i INSULATE WRITTEN GUARANTEE kstVks HO 0400 GREAT NORTHERN INSULATINS CO. Wolff Cites Task Ahead Building Department Faces New Problems "The peak of our housing: shortage has passed, although the reverberations of countless makeshift conversions of buildings, brought about by an attempt to provide additional living conditions, still remains to be dealt with," Commissioner Joseph P. Wolff, of the Detroit Department of Buildings and Safety Engineering, asserted in his annual report covering the Department's silver anniversary year, 1943, just released. TEMPORARY HOUSING "This in itself," he stated, "presents a task of no mean proportions while the disposition and removal by the Federal Government of the barracks used as temporary living quarters is not least of our concern." Until the Department comes into possession of a complete land and building use record it The Administrative Board of the Annual Advertising Awards will present this month the 100 wartime advertisements selected by a jury of awards as the most outstanding of the year 1943.

In Detroit awards were won by Nash-Kelvinator Co. and Parke, Davis Co. The prize winners, picked from several hundred advertisements nominated by advertising authorities all ever the country, were voted outstanding on the basis of A bright future for both residential and industrial real estate was visualized by John C. Staudt, Grosse Pointe Realtor, and George E. Meldrum, manager of the industrial property department of Seldon Johnson, at the midweek meeting of the Brokers Division of the Detroit Real Estate Board.

The greatest home shortage today is in the $5,000 to $10,000 price range, Staudt stated. Houses which two or three years ago sold at $7,500 now KIMK, ULTRA MODERN This almost new home located at southeast corner of Balfour and Berkley in Huntington Woods Manor, Ten Mile and Coolidge, is offered by William L. McGiverin. Features include linoleum tile floors, indirect lighting, breakfast bar, barbeque and copper plumbing. There are three bedrooms.

are commanding prices from $10,000 to $12,000, he said. Homes selling for $12,000 to $15,000 in good locations have experienced only slight price increase, Staudt asserted, while in the -REALTY NEWS AND VIEWS their contribution to the welfare, security and activity of the nation at war, Named ice President Ralph W. Sharp has been appointed a vice president of The Fred M. Randall Detroit ad- cussion ar. me national clinic of the Bank Mortgage Bankers Association of America held recently in Chicago.

Reporting last week to the Detroit Mortgage Bankers Association, Joel Riley, of the United Savings Bank, cited nationwide average increases above the 1925-29 level as follows: $3,500 to S6.500 cost group, 23.5 per cent: 21.7 per cent; 15.8 per cent; 7.4 per cent. In the postwar period it was estimated that new home construction would average not more than 800,000 houses per year for 10 years. It was said that FHA estimates a nationwide minimum of 400,000 homes with a total cost of two billion dollars in the first year after building restrictions are removed with the bulk in the middle and upper-price brackets. Accumulated repairs will total six billion dollars. The Detroit meeting honored Herold G.

Woodruff, of this city, newly elected national president of the mortgage bankers group. A LARGE ASBESTOS SHEET placed in front of the fireplace while the embers are smouldering will help hold the heat in the room. $15,000 to $20,000 price group in restricted areas and in the suburbs EVTREHM.Y ESSENTIAL IOR LNSILATKD ATTICS ProtKtu Tonr Roof in Winter Reduce Attie Summer Heat VENTILATOR SALES CO. there has been little inflation WPB to Allot Lumber on a Quarterly Basis C. H.

HARRISON Builders Pick New Head Selected to head the Builders Association of Metropolitan Detroit during the coming year, C. H. Harrison will succeed Arvid C. Petersen, who was named executive vice president, a post vacated through leave of absence granted to Edmund Kuhlman. Other officers elected by the Board of Governors are: First vice president, Harry J.

Durbin; vice presidents, Webb Coe, Walter Mast, James I. Tuckett and E. L. Lieberman; secretary, Wallace Reid; treasurer, John W. Baker.

W. J. Guinan continues as executive director. The newly constituted executive committee includes the officers and Charles Hamburger, George W. Miller and Edward Roe Rose, with Durbin as chairman.

Petersen will serve on the executive committee of the National Association of Home Builders. Today there is active demand for properties built in the last eight years -which have modern improvements, he pointed out. will not be in a position to effectively enforce the Zoning Ordinance, the Commissioner pointed out. BY COL. HENRY II.

BUKDICK vertising agency in charge of food and beverage accounts, it was announced Saturday. Spec ializing in "over the counter" selling. PICKET There are today just as good buys in the $20,000 to $35,000 price range as there were 10 to 12 years ago, he said, as in this classification prices have not fluc However, It Is contemplated, he said, that a survey will be con 7j Free Press Real Estate Editor WHILE no official announcement has been made, the National Association of Real Estate Boards advises it has learned that WPB i3 going to yield to the inevitable and institute an allotment program for lumber. ducted as one of the postwar proj bharp Sharp operated ects which will list the use of every tuated to any great extent. OLDER HOMES IN" DEMAND FE his own agency for 10 years be parcel of land as well as the occu pancy of every building in the mie mere is presently a demand for existing homes largely "For a while it bumped along with a policy of freezing lumber dustry immediately after peace is declared.

city. fore becoming associated with the Randall organization. Prior to that time he had extended experience in merchandising and sales pro because of the lack of new home 50' COMPLETE, MATERIALS every time the supply situation be I construction, Staudt said he does The Commissioner also stated that the rise in cost of depart not believe the values of houses DANIEL F. KEARNEY, long connected with the Crawford Door mental operation necessitated an came particularly tight, so as to enable the military services to 14 to 15 years old will long main tain their values. upward revision of the scale of fees as purchas -a 93 I KKIMT I TEKMS POSTS RAILS FIR PICKETS NAILS People today want the rambling ing agent, has been promoted type of house with larger sites and Before You Buy SCREENS motion.

What Goes on Here? In the iiM-oming issue of the Detroiter, an ad from the Detroit Times notes: "'Something new has been with all due apologies to Chesterfield." It wouldn't be stretching it too far to predict that there'll be apologies, too, to Old Gold. HURRY FOR THIS! 1 catch up with their needs," H. U. Nelson, executive vice president of the Association, stated last week. "The new plan will make allotments available on a quarterly basis to all users and make them live within these amounts." Meanwhile, with more than 34 billion board feet of lumber needed to meet 1944 requirements, only seven billion feet will be alloted for farms, defense housing and other to general sales manager, it was announced last week by Elmer Hahn, vice president and general manager.

Realtors9 Caravan ts Planned for April A Realtors' Caravan is being planned by the Michigan Real Estate Association to be held in April. It will be a series of all day "sales clinics," discussions and talks, it was announced Saturday by A. R. Saunders, executive vice president of the Association. Dates, places, subjects and speakers will be announced later.

Snvntigat. Mmm niiefA Kearney The Crawford Door manu for this reason Staudt predicted that future demand will be greatest in the suburban areas contiguous to the city for properties costing from $15,000 to $20,000 by the same class of people who formerly owned homes valued at $50,000 to $60,000. The decentralization of industry which began before the war not only will continue but be accentuated in the postwar period, Meldrum declared. This, he said, is due to the change in style of factory construction to the one-story tvpe 1 WINDOWS essential civilian requirements, according- to J. Philip Boyd, director wP Combination Plywood, 3 2.00 Celotex Tile, I GO sq.

ft 7.20 Clothes Posts with Cross Arm ea, 2.25 Linoleum, Inlaid, sq. yd 98c CURRIER LUMBER COMPANY 17507 lUe 1. Srhnefer Rd. HO. 1 K.

Lincoln Kn; il (ink K. O. 7UH Klmliur-t of WPB Lumber and Lumber Products division. storm mso Screens and Weather-stripping all in one unit facturer of overhead doors and hardware for garages, boat houses, airplane hangars and manufacturing plants, is now making aircraft engine parts and gasoline booster pumps for aircraft. S.

C. IIADLEY, Grosse Pointe office has been moved to 15411 E. Jefferson, Grosse Pointe. a OWING to the general meeting for various permits, licenses and inspectional services. It is his expressed hope that economic condition will again be righted at which time a downward revision will be warranted.

MODEL PLUMBING CODE No serious defects or inconsistencies have come to light during the enforcement of the newly adopted plumbing ordinance, the report stated. This code is considered to be a veritable text book and as complete a document of its kind as ever has been published. It has been so acclaimed by various authorities throughout the country. The full effect of the war on the building laws and their enforcement was felt in the. year 1943, Commissioner Wolff asserted.

"Because of the policies established by the Federal Government to conserve certain materials," he said, "these materials could not be obtained to do the work required by our orders to place building in a condition conforming to the laws relating to them. "It was necessary, therefore, to Interchangeable Established 1 21 30 secondj. Free Estimate Liberal Payment Plan Mechanical Heat Cold, Inc. 7704 Woodward MA. 7260 of the Detroit Real Estate Board, Tuesday evening at the Detroit Boat Club, the Property Management Division meeting scheduled for that day has been postponed to Tuesday, March 28.

according to Division Chairman Robert J. Brooks. A IN YOUR I igg ATTIC yfJ Building Permits Gain in February Valuation of new home construc DiVilalis Appointed Appointment of William De-Vitalis as Detroit advertising manager of True Story magazine effective April 1, was announced Saturday by James L. Mitchell, advertising manager. His headquarters will be at True Story's Chicago office, 221 N.

LaSalle. From 1924 to 1934, DeVitalis was eastern advertising manager of true Story. Since then he has been an account executive with Erwin. Wasey general sales manager of Distillers anil more recently, eastern advertising manager of Liberty Magazine. Prince Joins AFA The Advertising Federation of America announced last week the election to membership in that organization of Prince Detroit advertising agency.

FicJnveiler Named In line with the company's plans for postwar activities, Harry Rovve. president of The Rapid Electro- tion for which permits were issued during February by the Detroit suitable for modern production line manufacturing for which larger sites are needed, and because of lower taxes in the outlying areas. In his opinion many vacant old style multi-story factory buildings will go begging in the postwar period while the modern one-story factory will be held at a premium. FACTORY FRO PERT SCARCE The peak war demand for industrial property was passed in September, 1942. Meldrum stated.

Since that time, he said, there has been a healthy demand for purchase and term lease for war work and postwar use. Today, there is a scarcity of suitable industrial properties. Meldrum based his optimism iCrjvC IN BUILDING SUPPLIES I yf xhjiei Now Shop and Save of Interstate i NO MONEY DOWN FHA TERMS Department of Buildings and Safety Engineering was double that for the corresponding month DONALD M. NELSON, chairman of the War Production Board, is responsible for the statement tha; "Present restrictions on all new construction must be continued until the probable future of the war becomes clearer. A test of every proposed project must he the extent to which it will contribute directly to the prosecution of the war of maintenance of a sound civilian economy." last year and 11 per cent greater adjust our enforcement procedure ROKin I IIMRPD CCS than January.

IiVgT Compare Our JKCm(k Low Prices! Permit construction of all types "Deal villi a Uprcialist" Jt Hundred til Satisfied ustomers I NT vi. 1-3500 to meet these new conditions and at the same time to give to the public the protection which the building laws are intended to provide." BARGAINS KOCKWOOL INSULATION" Fluff tpe. rovers almut ItQo oil. ft. per hag ROLL ROOFING atitnally known brandy I Mf last month gained 67 per cent in valuation over the like period of 1943 and was up 15 per cent com pared with the preceding OPEN SUNDAY 10 A.

M. to 4 P. M. Open Monday Friday EvrniriKs I'ntil Estimated cost of 348 single houses and 17 two-family dwellings I ItW 55c for which permits were granted in per roll, low as. KWK LATH, per hunrile Poultry Houses Farm Bldgs.

1 5 SHF.ET KO I IWW FLINTKOTK as to the future outlook for industrial property on his opinion that industrial activity will continue on a high level in the Detroit area with little unemployment, provided reconversion to civilian production is speedily accomplished. The speakers were introduced by R. Bliss Wolfe, president of Hannan Real Estate Exchange. Inc. Philip C.

Baker, division chairman, presided. February totaled prior month, a year ago, $1,017,170. Valuation of all construction permitted in February was preceding month, corresponding month last year, $1,683,051. On i a i. and i bi anch plants in De-t i New York, Philadelphia and San Francisco, an if 1 J6.50 7 r.H.IX.

TIl.K. per 101) ft. Place Your Order Now RE-ROOF Easy Terms nn NO MONEY lV00 DOWN Low as A WEEK We ne FI.INTKOTE qimlity 1KT lb. lleiaton Aphalt Koofins. All rior! A p- FLINTKOTE TLANKING Ideal fur extra room-, allir.

Crt elr. 1'er 1( ft. OiUW RED TOP BLANKET INSULATION" no ed last 4l Ml 1511 Pfl t- APPOINTMENT of James E. Atkinson, of Detroit, as a member of the executive committee and subcommittee on finance of the National Association of Real Estate Boards was announced last week by National President John W. Gaibreath.

Atkinson is vice president of the national group and heads the Great Lakes Region. Leonard P. Reaume, president of Reaume Silloway, of Detroit, was named to membership on the Property Owner Committee. Reaume is a former national president. THE THIRTIETH ANNUAL CONVENTION of Michigan Society of Architects, which this year will be a one-day conference and election of officers, is scheduled for April 19 at Rackham Memorial Building, it was announced Saturday by John C.

Thornton, Society president. Special consideration will be given to nostwar nrohlems with a view to lUi PROPERTY MANAGEMENT 6.50 I ft. roll vktoky whk.kl FREE plied over your old roof by i I workman. All wirk OPEN SUNDAY, 10 TO 4 Estimates "Good Property Management Pays Extra Dividends" Call kSU 8431, iYeic? Home Project Open on East Side A single residence housing project, located on Greubner and Konzcal. just east of E.

Outer Drive (Conners) and north of E. Seven Mile, has been opened for homeseekers inspection by House-man-Spitzley Corp. It will be known as Laurel Homes. Features of these houses are large living rooms and kitchens. Special attention is being given to the decorating, which the builders say will be a parade of color planning.

Advance purchasers are accorded the privilege of selecting their own color scheme. it TiHi in- Biivn wum Smith Bisschop Co. Income Property Analysts RA 3666 This modern, successful money-making, Restrick-type house is planned to protect flocks from storms and severe cold Increases egg production and improves the health of the chickens. See Mr. Koehler Our farm building engineer Regarding your farm building problems.

Convenient terms seho FOR FREE FAR BOOKLET arranged. RESTRICK i AME LUMBER CO. "SINCE 1884" 14400 Wyoming (21) HO 2121 week the ap- Fickweiler pointment of 'H. H. Fickweiler, of Detroit, as advertising and sales promotion manager.

Fickweiler, closely identified with the graphic arts industry during the past 25 years, in now making a survey of postwar newspaper releases of national advertising. War Effort Ads Hit Huge Total With December alone ringing up total of S4.617.600.52. war-effort advertising in United States daily and Sunday newspapers for the closing five months of 1943 climbed to a grand total of the 'Bureau of Advertising. A.N.P.A., reports. Weekly newspapers are not included in the tabulation.

War Bonds continued In first place among 37 individual projects listed, accounting for S1.49S.466.75 worth of newspaper ad space in December and in the five-month period. x. readiness for employment in the profession and in the buildjng in-1 0000 Buy from the Largest Builder of Poultry Houses in Mich. For HURRYING to OUR YARDS FOR HARD TO FIND ITEMS INVESTIGATE TODAY RADIATOR EFFICIENCY can be increased up to 10 per cent by using ordinary oil paint in place of bronze and aluminum paint. SEE MODEL ON DISPLAY Completely Built $1 94 SPECIAL Garbage Cans, 10 gal.

size galvanized with cover, limit 2 to a customer; each iBL 8 00 SIZE 6 x8' EASY TERMS APPLICATION FOR HOUSING for 2 and 3 Bedroom Homes NO CASH NEEDED Mansfield Ave. 3rd Block North of 7-Mil Road Ready for Immediate Occupancy 6-Room Permanent Homes 3 Large Bedrooms Tile Bath Rooms Full Basement Hot Air Heat sr. ASBESTOS BOARD lie BALL TOP FENCE POSTS $1.20 FENCE PICKETS Fi, 13c OAK FLOORING $10.50 METAL EAVESTROUGH $1.40 METAL DOWNSPOUT $1.20 R0CKW00L tl-OSKOlT. I sq. per 65C Scientifically built of quality materials cmnplfte with walls, roof, floor, door, windows.

Tcntilator and hardware. I'rc-fahricatcd. ready to assemble. We also have these in 8x111. 10x16 size.

Immediate delivery. Out. of town orders taken. Open Sunday 10 A. M.

to 4 P. M. Monday and Friday Kves. I mil CLIP OUT AND MAIL Without obligation, send me list of your homes. LJ East West Northwest Southwest "Mho- in- KEM-TOKE Many beautiful tints to rhoose from.

Ter gallon 2n 29c sin K.xperl say ''plant now for bet refiilt. Ter pound GRASS SEED s6000 Full Prir Ilu Mnrtsace and frow Cost BRICK 430 DOWN CAVELL 9940 2 Blocks West of Inkster Road at Plymouth thick; 53 12 i ft. ft. Sheet. 7, Bl I I-.

Sliiplap Per KMI m. ft. Proieclo Silling Small Down Payments OPEN Daily and Sun. to 9 P. M.

WINDOWS MOULDINGS Easy Terms Nam Address Phon BASE SHOE CASING DOORS Complete Stocks at Our Yards FUEL SAVINGS lA UP TO 35 COMBINATION STORM SASH PRACTICAL IIuiik IBuilriors W. S. AI I.T. Sale Maoacrr CA. 3291 AT.

9844 MEASURED. PAINTED, INSTALLED LOW AS Houseman-Spitzley Corp. 1002 Wuhinttan M. Detroit CHerry 4816 It i Mont After Visiting Our Yards You Will Find Many More Reasons For Returning IJttJIIIlIIIIIlllIIIIllJIIIIttllf 1 50 Homes for Sale s150 Down I 'Hud rfu ifOi -a 21 -W 1 STORM WINDOWS 2. SUMMER SCREENS 3.

WEATHER STRIPPING Lumber for Repairs and Maintenance We Still Have I. nod Stocks Let Is Fisiire on Your Neit Job 1 i- 13 Vli cz4 EV. 5G00 FREE ESTIMATE Ho Obligation 22350 GRAND RIVER 2 Bedrooms Full Basement Large, Light Attic awwwaMj waijaaMi In Wayne. Mich. Close to All West Side Industries.

LOCATION m', ra', Wajnr Krt. on llowf bftwwn Michlcxn dntriil ipi limpni, niilp from ord Kitucr, niilr ti Hmnher PIaui snd other. II hoinr to rrnl, bfilrimm lull lAfmrnth, per mimth. BEGLINGER REALTY nt mMU1. 1 Hnnr Ulwpfit Mtrhtcnn and an Rnrn Kit.

ISP1I I.IMKtl Opn Kailr. 10 a. m. In 6 p. m.

tF.RMO.XT flffirr: IS.Mi Mirhican Air. Hiinp IM Tf lit iittfTif iictiiiitiiiiitiiiititf itfiiiiifif iitiiii iiiiiiiiiiitiuiiir tifiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitiiiiiitif iiitiiiiiiifiiiiiiif iiints Il SCHtTW 4 DOWNRIVER YARD "''if 1 cti1 3324 WEST JEFFERSON 7 lo ft ,14 Phone Trenlen 0503 BRUTON REALTY CO. tes PURITAN-ARDMORE VE 6-7230 zzs-M.

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3,662,304
Years Available:
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