Wilmette Life (Wilmette, Illinois), 25 Jan 1940, p. 33

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morUe inomies are ueingi LUit, te av- eragè cost is steadilyv declining and has dropped from $9,010 in 1936 to $6,538 in 1939. Even between 1938 and 1939 there was a decrease of -more than $500 ini the average cost of the, new homes. The indica- tions could hardly be plainer that the people of the Chicago,region de- 4 mand lower priced 'homes, and no doubt a highly important factor in the increase -in home building has been the demonstrated ability o! the industry to give the homne-seeking public modern homes at prices they can pay. The'recent adventof lib- eralized regulations, concerning $2.._ 500 FRA home bans under Title 1, class, 3, is already :resulting> in a large numberof contractsfor homes. in the low-cost brackets and in the spring and sumnmer building seasons the volume of orders for homes seli- in g for- $2.500 to $4, 000 i s1li kely to be tremendous. Permits. for the repair, 'alteration and modernization of homes in 1939 indicated a small increase of such, *constiriiction, although Decemnber was one of the poorest months on record. The total for the year was $3.504.597, which comipares with $3,- 013,463 for 1938. The December per- ýmits amounted to only $145,509. Ed- uication, advertising and selling are needed here. Five communities issued perniits *in 1939 for more than onie million edollars -of: home building.'earywas, $1,096,000. Approaching the million dollar class are Wilmette, froin which W. A. Wolff reported 89 homes amounting to $931,000, and Highland Park, which according to ,.Di Morris, building' inspector, started construction on,83 homes the value of which he estimates .atý $854,- In buildin g of ' all types, including homes, Hammond. in: 1939 led With a total of $2.858.050; Gary was sec- ond with $2.770,381; Evanston, third,' with ý$2,650,400 and ýEast Chicago,. fourth, with $2.361,341. For the first time in five vears, nev building in» the city of Chicago in 1939 exceeded the amount of new' building in the suburban region. The total for the city was $42.280.687 and for the suburban communities, as noted, il was $40,680,545. Federal HouÉing' nroiects gave the city thé ELECTRIFIED IWJTEN J. M. Augustus is owner of the fine new residence at 927 Forest Glen drive, west, Winnètka. It has 10 rooms and 31/ baths. The library is paneled and has a fireplace. There is a recreation and room and the kitchen is completely electrified. NORTHBROOK HIGHLANDS Sée This DeývelopedCommunlty Convenient--Improved-ýProt'ected WEST 0F GLENCOE ON DUNDEE Wide, deeplandil.e lots for $990; 5 to 7 room honus £Qr $6500 to $8,500; $45 to $57.50 monthly pays everything, II I-, q a L i 'I lemagnetic people -Lve pfeaieinq poiie -eniiJurtn9,ama cutt on5ltn~ 1 ý Âarm 1 and quahie

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