tsuvE mts' GUIDE

Pacific Nortitwest States

If,ONTAIIA

Oregon

Anea Arizona

Harold "Hal" ReeYe, a veteran Oregon lumberman, died Nov. l, 1988, in Mapleton, Or. He was 55.

Born in North Bend. Or.. Mr. Reeve spent 19 years with Davidson Industries, Mapleton, working his way up to general manager. In January 1986, he became sales manager of Herbert Lumber Co.. Riddle. Or.

He left eight months later to work closer to home, joining Swanson Lumber Co.. Noti. Or., as sales manager. On Sept. l, 1988, he opened his own wholesale lumber brokerage firm, Harold Reeve Wholesale, Mapleton, which now will be wound down.

Mr. Reeve is survived by his widow, Betty, his mother, two sons, two daughters, a brother, a sister, and seven grandchildren.

Jerry L. Breshears, production manager for Arizona Pacific Wood Preserving Corp., Eloy, Az., died Sept. 23, 1988, in Tucson, Az. He was 45.

Born in Hot Springs, Ar., he had worked with Martinez Plywood, Martinez, Ca., prior to joining Arizona Pacific in 1982.

Mr. Breshears is survived by his widow, Cheryl, his parents, one son, one daughter, four brothers, three sisters, and one grandson.

(Continued from page 40) ing the third quarter. Washington, D.C. and Riverside/San Bernardino reversed positions from the second quarter, with the nation's capital taking the lead with 12,846 units, uP l0l0. The West Coast area placed sec- ond with 11,103 units, down 8o/0. The rest of the nation's toP l0 housing areas in the third quarter were: Los Angeles/Long Beach, 10,320 units, down l0o/o; Atlanta, 10,071 units, down 21%; Philadelphia, 7 ,469 units, up 15%; Chicago, 7,295 units, down 7lo/o; Detroit, 6,980 units, down 6%l Minneapolis/ St. Paul. 6,037 units, down l2olo; Seattle. 6,022 units, up l5o/o; and Phoenix. 5.021 units, down 370/0.

Real Estate Crash Rebutted

Despite dire predictions of a real estate doomsday caused by four years ofrunaway price increases, real estate will continue to rise in value over the long term, according to the National Association of Home Builders.

Although prices will fluctuate based on supply and demand, interest rates, and the costs of new construction, land and replacements, history has proven real estate values will climb over time, says NAHB executive vice president Kent Colton. His reported evidence: r Rapidly rising housing Prices (up 31% nationally since 1984) are more a regional than national phenomenon. o Housing is protected from the mass hysteria that can lead to a run on stocks. "You can't sell a house over the phone," he says. "Even in a really hot market it takes weeks to list, sell and close a house." o Housing is primarily a usable, essential commodity, unlike stocks which are only investments.

All of us at WOLFE LUMBER thank our valued customers and suppliers. We look forward to our continued association in the upcoming New Year!