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SECTION 2 - PAGE 4 - PLAIINDEALER HKR AI.I). FRIDAY , NOV EMBER 23, 1984 Business Trend is to smaller houses By Yvonne Beer, executive vice- president, McHenry County Board of Realtors Declines in the level of housing affordability over the past six years have led to rrugor changes in the homebuying market. The Housing Af­ fordability Index of the National Association of Realtors shows the typical American family has not Men able to afford the median-priced existing home since November, 1978. while the index improved dramatically 1963 and the first part of in starting out in lower priced condominiums. While the median resale home nationwide sells for about $74,300, the typical family with an income in the range of $25,700 can afford a home priced about 861,600. In the last few months. ealtors ECORD The most popular size for a home is in the range of 1,000 to 1,500 square feet. Homebuyers interested in units of less than 1,000 square feet increased to 24 percent this year from 15 per­ cent last year. Some economists believe the trend toward condorhiniums and townhouses will continue, 1984, the affordability level for homes has been ° slipping recent months. This has a dramatic impact on younger, first-time homebuyers. Instead of buying a single family detached home, many are smaller hoijie. approximately one-third of all existing homes sold were priced under $60,000. What this means is that first- time buyers must often lower their sights and start out in a interest rates and increasing home prices. Buyers seem to be interested more in the amenities of both a home and its surrounding community than they are in the size of the unit. • If a larger home is of par­ ticular importance, potential buyers should not overlook the possibility of below-market, seller-financingand assumption of low interest FHA or VA loans. Sales over SI million Business briefs CONNIE TANCREDI Connie Tancredi is a million dollar broker associated with ERA Advantage, 4507 W. Elm St., McHenry. Tancredi is a certified ap­ praiser, G.R.I, graduate and senior certified valuer (SCV), to name a few of her ac­ complishments in her last nine years as a realtor in our area. Always active in the com­ munity, Tancredi is this year's G.R.I, chairman for the McHenry County Board of Realtors. She specializes in investment- residential and commercial real estate. She and her husband, Tony, are long-time residents of the area and have" two children, Tom and Tonette. Howards attend convention Don and Vivian Howard, owners of Mr. Don's Cleaners, McHenry, met with 40 other members of the Illinois State Fabricare Association (ISFA) recently in Decatur for dinner and discussions of hazardous waste regulations and counter training for store personnel. Alan Gendreau, of Elgin, spoke on recent updates in hazardous waste disposal regulations and Jim Sober of Decatur, instructed fellow drycleaners on counter training and showed a film produced by the International Fabricare Institute on the same subject. ISFA holds regular regional meetings around the state to review with the local fabricare s p e c i a l i s t s o p e r a t i o n techniques, fabric trends, government regulations and other industry information. BANK OFFICER Daniel J. Nye, a 1978 graduate of Marian Central Catholic High School, has been named a banking officer in the com­ mercial finance group or In- terFirst Bank, Dallas. Nye joined the bank in 1982 as a credit analyst after earning a B.B.A. degree at the University of Notre Dame. HEALTH-ER-CIZE Marilou Huemann, of McHenry, was awarded cer­ tification to teach the aerobic routines by Health-er-cize, Inc. For more information con­ cerning class times and locations, call New Dimensions at 385-3535. CAR PHONES Ameritech (Illinois Bell) Mobile Communications, Inc. announced plans to expand Chicago cellular car telephone service to include far northern and northwestern suburbs. Included are McHenry, Crystal Lake and Woodstock. EMPLOYEE HONORED Peggy Krohn, of Woodstock, has been named "Employee of the Month" at Memorial Hospital for McHenry County. She works in the Alcohol-Substance Abuse and Mental Health units of the hospital. IRISTMAgMro; BEAT, I II n"ill * $299S : 13 Ml i VALUE FREE 2ND TRANSMITTER WITH THE PURCHASE OF A CHAMBERLAIN GARAGE DOOR OPENER BETWEEN NOV. 16 & DEC. 25 4 : MODEL .550 •Vi H.P. motor ^ith heavy duty industrial -strength chain drive and durable steel construction. •41/2 minute light delay. •Automatic safety reverse. •6561 security codes. NOW ONLY 163.95 WITH FREE TRASMITTER . , ' J i : , . v - . MODEL 350 • 1/3 H.P. motor with industrial strength chain drive and tough steel construction. •41/2 minute light delay for safety and security. •Automatic safety reverse. •6561 security codes. NOW ONLY 145.95 WITH FREE TRANSMITTER WHE LEADER IN PRICE AND ROUTE 47 & BYPASS 14, WOODSTOCK, IL Weekdays, 8:30-9:00; Saturdays, 8:30-5:30; Sundays, 11:00-S:00 N o w y o u d o n ' t h a v e t o g o t o t h e M e r c h a n d i s e M a r t . Buy your custom upholstered furniture d i r e c t l y f r o m t h e f a c t o r y a t E X P R E S S I O N S ! \ Sofas from $409 • Hundreds of Exquisite Designer Fabrics Sleepers from $599 • Lifetime Warranty of Frame & Springs Sectionals from $799 ^ M5 Day Delivery Financing Available. 10a-6p, M-SA 10a-8p, TH E X P R E S S I O N S • f 435 N. La Salle St. • Chicago, IL 60610 • (312) 744 1480 SPRING GROVE 815 675 6666 IH STOCK!" rfsJh.M.We STEEL ENTRY DOORS $ave 30 % COMPLETE WITH FRAME! Ik * Ik J 30 to * 30DAIIV • y X) to 9 OO THUffS " 8 00 toS 00 SAT 9 00 to 2 00SUN Hjj y X) to 9 OO THUffS " 8 00 toS 00 SAT 9 00 to 2 00SUN Hjj FOX RIVER GROVE 312 6393866 PEACITKE A Growing Concern For Better Products - Avanti^^T" -.Insulated Entry Door System K PEACNTREi The Door Capable Of Being At Horne...Just About Everywhere *>u con mutate youi walls Jill youi attic with fiberglass, but the hc.it ana cold can get in and out the same way yo»t do--through youi door. Stoim doors mayjhclp. but the best solution is an INSCJIOTF.D DOOR. A complete dooi system that will not warp or sptit. One made of steel. Avanti em­ bossed doois arc the peitcct solution .EvciyAbcre.,,, A3IC s m i A 300 - R E G 2/8 328 00 3/0 334 00 SALE 2/8 22960 3/0 23380 REG 2 8 239 00 3 0 245 00 SALE 2/8 16730 3/0 17150 REG 2 8 329 00 3/ 0 334 00 SALE 2/8 23030 3/0 23380 / /i ! / / , I y A l . 7 / ! no A31D dRSlii mm A100 A41C R E G 2/8 334 00 3/0 340 00 SALE 2/8 23380 3/0 23800 REG 2/8 233 00 3/0 238 00 SALE 2/8 16300 3/0 16700 R E G 3 '0 281 00 SALE 3/0 1 9670 A66Q REG 3 0 292 00 SALE 3/0 20440 )X7< V/l © A66V A4ID REG 2/8 334 00 3/0 340 00 SALE yjj 2/8 22380 3/0 23800 . S E R I E S AMERICA'S NO. 1 INSULATING ENTRY DOOR SYSTEM IN PERFORMANCE AND SALES. Another Dollar Stretcher" from Totem Lumber Co.