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j i »f»n <i»r- SECTION 2 - PAGE 7^>RLAINDEALER - rRIDAV, MAY HI, 1184 Business / Economy makes owning a home affordable By Yvonne Beer, executive vic*- president, McHenry County Board of" Realtors Home ownership is an af­ fordable prospect for an in­ creasing number of people who in the last few years were left out in the cold by unfavorable economic conditions. A rebounding economy, stable and relatively low interest rates, and renewed confidence in the future have combined to attract many people to the home buying market. The 1983 housing starts in Illinois were nearly double the figures for 1982, reflecting the improved residential market. The sale of existing homes has also risen to its highest level in several years. r- The market's turnaround has made it possible for more people to enjoy the tax advantages and appreciation that go along with home ownership. Statistics from the National" Association of Realtors show many homes have doubled in market value in 10 years or less. Owning a home will continue to be a good investment because it offers big tax incentives, a U ealtors JVECORD ?cord dl inci record d&4ncreasing value often a relatively small dowi^ payment to get started. Another advantage unique to home ownership is that many long-term investments, such as bonds, stocks and certificates of Business briefs ATTENDS CONFERENCE Mananna T. Wolfmeyer of McHenry was among 100 at­ torneys representing local bar associations who met in Rock- ford recently to plan public service and other law-related activities to be conducted in their communities. The program was the Seventh An- CONFERENCE SET The National Association for the Cottage Industry, a not-for- profit organization for home- based business entrepeneurs, will hold its third regional nual Outreach Meeting spon­ sored by the Young Lawyers Division of the Illinois State Bar Association. "Hie purpose of the meeting was to familiarize the lawyers with bar association projects that could benefit the public. conference on Saturday, May 12 at the Conrad Hilton Hotel from 7 a.m. to 6j/t>.m. Call 472-8116 for infonnatic DfIN ** HOURS FRIDAY NIGHTLY SPECIALS THE FRIDAY FISH FRY All You Can Eat It s I itvat' You (ict I he I ilets We ISroad ()ui solvos C roamy Colo Slaw. I rent h I ries And Tartar Sauce $3.99 With Soup ()r Salad %A.7S COMPLETE DINNERS Cup Of Soup L.*ris|) (ireen Salad ()t Colo Slaw. C hoice ()t' Potato Or Nice Pilal. Cracker And IJoll IVisket. I louse I Vssort. Choice ()l I offee. I oa ()r Soft Drink Liver And Onions ()r liacon *5.5< Sealixxl Platter. Tartar And Cocktail Sauce $6.2i i r ried Scallops (8). Tartar Sauce $6.2' 1/2 I.I) Smothered Chopiied Steak $5.91 ll/2 Lb Center Cut Ham Steak $5.7< Italian Meat I .oaf. Zucchini (No Potato) %S.7i Veal Ala Watf s $5.6< SENIOR DINNERS Includes Pot.UoOr Itko Pilaf. Vegetable Uoll IViskot • IV\ked Scnxl. Lemon • I .nor AihK )nions < )i IVieon • Macaroni AiuiC hiVse(NoPotato) - • l/a Lb llamlnirjior Steak. ()nion liinji (iarni • I/-4 LI > I lam Steak. Sweet And Soui Sauce Your C hoico $3.25 llvso S|Rt-i<ii iWlions \iul I'm !•*» W I \H Snutw (. 'rti/ons Aiul I lu-N A iv \Jso I Jititk'd To IIh-h HI".. Discount I A M11 \ R( SIM RAMS lA'K U I Im M< 11 «• nf \ M l 00<>J (it>()() \ VV I lmhwa\ ( l\ Sl.il I ikt' _ things you just sort of sit oii and wait while a home is an investment you live in, something you use and enjoy. According to the National Association of Realtors, new home prices in-s Illinois rose about four percent in 1983 to an average of $84,600S^NAR predicts this .year's price in­ crease will be about 5.4 percent, bringing the state's average new home price to.about $89,100. People who buy a home now will have a significant financial advantage over those who wait until next year, just as those who bought a home in 1983 are a year ahe&d of those who buy now. Even though the population lues to grow and housing starts have made strong recovery from recent years, the number of housing units in Illinois is decreasing. The total dropped by about 4,000 units from 1982 to 1983, and is ex­ pected to decrease by another 3,000 units this year. The number of people in the prime home buying age group (25 to M years) is becoming the largest segment of the t >ulat}on. An increasing mbef of people and a decreasing number of housing units will almost certainly cause housing costs to rise. But right now homes are affordable for many of the people who had been squeezed out of the market by the tight economy a few years ago. More stable interest rates, a greater variety of types of mortgages and increases in people's incomes are making the dream of home ownership an affordable reality. People neqd to realize there are opportunities in today's market which they might not see again for several years. Right now there is still a wide selection of homes available on the market. People are finding that the prospect of buying and owning a home is certainly worth another look. Local real estate agents attend national convention Ron Bykowski, Dennis Drake and Jackie Palmer of Century 21 Care Real Estate attended and annual Convention of Century lil Real Estate Corporation recently held in Orlando, Fla. . The convention, was entitled "shoot for the stars". At the convention, Bykowski, Drake and Palmer heard presentations by such well- known speakers as Lee Iacocca, chairman of the board of Chrysler Corporation, and Wilma Rudolph, three-time Olympic gold medalist in track and field. Representatives of the international Century 21 System of real estate sales offices up­ dated convention attendees on the successful implementation of the system's ongoing program for diversification of client services and expansion of market share. Bykowski also had the op­ portunity to attend specialized educational sessions on such topics as real estate in­ vestments, and real estate financing. Drake was one of only five Century 21 sales associates fitxh Illinois to receive the Centurian National Sales award. This award is for the highest volume of residential listing sold in the Northern Illinois Century 21 system. "Our attendance at this convention was both an educational and a motivational experience," said Bykowski. "The annual Century 21 con­ vention provides us with strategies and goals that will allow us to serve our clients even better in the coming months." Century 21 Care is located at 3717 W. Elm St. n McHenry m ^s.ncrms aindealer •WHITE HEN PANTRY •BELL LIQUORS •BOLGERS DRUG STORE & •OSCO DRUGS •JEWEL •HORNSBY'S •KAREN I GINNY'S •LIQUOR MART •McHENRY HOSPITAL •FOOD MART •NORTHWEST TRAIN •ISLAND FOODS •CONVENIENT FOOD •COUNTRY CUPBOARD •SULLIVAN FOODS •UNION '76 •COLE PHARMACY •COAST TO COAST •SUNNYSIDE GAS t QUICK MART Available At The Following Locations: • J ft L GAS •ACE HARDWARE •LAKEVIEW FOODS •SUNNYSIDE FOODS •LITTLE STORE •SUNRISE GROCERY •DEBBIE'S GENERAL STORE •VILLAGE MARKET •McHENRY DRUG •J IR FOOD MART SOFT WATER RENTAL •NO installation charge •NEW fully automatic softeners •TWO year option to buy with •FULL rental fee deducted •ONE phone call can answer any questions Qr-\ 312-259-3393 sofi\ ARLINGTON SOFT WATER CO. SMART PARTS SMART DEAL. GETA$1 REBATE when you buy any AC oil or air niter or 4-, 6- or 8- pack of AC spark plugs. Buy any of these quality AC products, at regular prices-one. two or all three-and get a $1 rebate from AC Delco for each filter and each 4 , 6- or 8 pack of AC spark plugs! Each time, you save on the oil filter designed to give up to 15.000 miles of protection.*! the air filter designed to give up to 30.000 miles of protection* and tfie spark plugs designed to give up to 30.000 miles of performance* Just mail the coupon below with the top flap from the carton and your cash register receipt dated on or before June 15,1984. *See your owner's manual for specific recommended change intervals. 'Gasoline engines RULES OF REBATE OFFER: la Offer good in U.S.A. 2> This form must not be mechanically reproduced and must accompany your request. 3a AC Delco direct or indirect retailers, including ware­ houses, retailers, jobbers and dealers, are not eligible. 4"a Please allow 4 to 6 weeks for rebate. For the nearest AC Spark Plug and Filter retailer, call toll-free 1-800-AC-Delco. 5a Coupon must accompany each top flap and cash register tape with price paid for product circled and dated on or before June 15,1984, and request must be postmarked on or before Ju'y 13,1984. 6a This coupon good for one rebate only. 7a Limited to 3 rebates per family. r i i i. IWIKlt , . I s 1 1*4 r . -Hhir |X>N Michigan Mailers AC Dulf o Rebate 0 f r222 South Elm ' Ovvosso. Ml 48867 I »•» enclosing top *!»' pfOtl'H !. l i'i If f! Pic,»si NAME ADDRESS CITV STATE [unml i •• ErEEzi r . i i iHWumsinMiki . i tm )ui> 11 1984 B o General Motors Corporation Never wait for trouble. AC-Delco. The smart parts. t