Highland Park Public Library Local Newspapers Site

Wilmette Life (Wilmette, Illinois), 22 Apr 1937, p. 32

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5461 NOtT.H MONITOR CHICAGO PAISADE2608 I G LASS AN D CLAZI NOC COLONIA.L HOMESTEADS. Furmished byo EVANSTON.,PAINT &GLAS$, CO-., Glazing>.Contractors, "lWith Most new construction i the residence field dernandiflg auto- matic heat and air 'conditioniflg," says Mr. Boslough, '"the'oldé'r resi-^ dences are being out-moded ,-%ithout it. Raàther. than' helpinig old hou se market values, this apparently is tend- ing to depress them. Lifts Markoet Values "4We feel, and . can point fto ample proof, that the modernlization of old residences wvith automati;c equipmfent liffs their markcet: values. A Modern kitchen helps to seil a bouse today.] Electric lights helped 'seli hom!es. years ago.. Automatic heat and àir- conditioning will be requisite in ob-, taining better prices for resideuces, both new and old, during theý next few years." Mr. Boslouugh points out that auto- WHOLESALE R AI Paint - Varnish- WaiI>pa>er 2538 GREEN BAY ROAD EVANSTON CRIE. 0430-0431 mrunmizeu, prices are former cosi tsed and me with Recôveëry item During ,the depression, the govemn- ment made 'an- effort to encourage every line 'of endcavor. The build- ing busines .s, with emphasis on.borne building, one of- the largest industries, ini the country, 1Was naturally en- couraged .byjei 'slation and ,govern-, ment aid, The oûtgrowtb, was, the Federal, Housing administration. This, organization's: fundamental purp ose was to make, money. availahie for building. Banks and .Iending agencies1 were. not 'favorable to real estate loans on the basis tbey bad been made beretoforè. Some nev financing program bad to be pro- vided. After considerable research. and faults of home financing were re- viewed, the F.H.A. insurance pro- gram was launched. I.; ay for Qur present build- Vith the governiment in- Sbuilding boans, banks agencies were immediate- Choose U. S. Gypsum Companys RED TOP *ried directly into rooms without auxil- compareci to the arnount one tuigni iary equiptuent. Moreover, the air pay ini rent. It eliminated' the extra is also filtered beforé it leaves the cost of: refinancing of properties after central plant, thus removing consid- -a ten year period, and elimrinated the-- erable dirt, dust and pollens which second mortgage. Such items as taxes often cause nasal irritations.- 1 and insurance were included in the "iiimprovements have corne so fast monthly payments setup. INSULATING WOOL 2715 CHICAGO INDEPENDENCE 3300 Offie of Colonial Homes frad, on the >roperty, localed on Glenview road, at Wagner road. Colonial Homestead' telephone number is Gleniew 524. I Il j 0 0

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