The State of Real Estate and Building
WHETHER the stock market dive has influenced the purchase of new homes brings diverse answers. One builder, who prefers to remain anonymous, said that his higher priced home sales closely follow the curve of the Dow-Jones averages. Builder John R. Minchew said that his West-gate at Mout Vernon racked up $342,000 in sales during June. ÛÏA great month,Û he added with a smile. Robert Alfandre of Stratton Woods pointed out that sales of new homes are usually low in June. .However, Alfandre added that sales are dandy in July. Other bdilders nodded in agreement. Basically, itÛªs probably this pimple: If you had a sizable stock portfolio and were thinking about a new home, you Û¢grobably deferred. However, If [the slock slump did not hit your pocketbook, you likely; ignored the stock market ^and shopped for a house.</br></br>time head of the D, C. Insuring Office of FHA on his promotion to Operations Commissioner for Zone 3.</br></br>The Suburban Maryland Builders Association, which last month enjoyed ÛÏThe Gas-I sing GameÛ by Washington Gas Light employes, is pointing toward the annual outing on Aug. 4 at Indian Spring CC. Nathan Brisker, SMBA president, has been given two tickets for the event by Robert Blum, head of the committee.</br></br>; George E. Via Jr. has been Jn^de a senior associate with åÈtå£ie architecture office of Al-'fred Easton Poor in New York City. Via had been in Washington since 1956 with De Witt, Poor & Shelton. He was in charge of the office and also was project architect for the East Central Via F rout extern ,sibn of the Capitol, working >vyith other architects and J. Û÷George Stewart.</br></br>åÇTennis star Pancho Gonzales, his wife and Ihoir two young children will be guests in- the model apartment at 3900 tVatson Place next week while the Paradise Island pro Is keeping match appointments liere.