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Show REALTY MARKET I IRE ACTIVE NOW Demand for Property Greater Than Last Spring Say Froerer & Fowles "The rvnl ealato market at the present pres-ent time la 'n lined to b more- active thun at any period alnco the spring of 192ft, ' hiiI'I a member of Froerer flc Fowies, realtors, yostorday. "There arc MVSral reusons for this condition, the- first Is, of course, a great desire for every individual to own his or her own home. People as a whole have -n educ-atcd through extenslvo advertising and by a strong1 dMlre within them to own a j:irttculr i apot whi rn !! desire to live. In talking talk-ing with men and women who have bough I homes, the opinion of each, without an exception, is (hat there Is a tremendous amount of satisfaction in living In oiio's own home and in Knowing thai ,n" "HI no l)0 ln" c-reased to an amount which Is no' oommsnsurata with the value of the particular property in which they live. "It e also an Inherited characteristic charac-teristic of most members of the human race, to own a parcel of land called "Home." It Is a source of pride and Jo to every mother and child to say "this is our li"tne." Second, many homes have b en reduced from the abnormal price of last spring, to w hat j Is practically pre-war price today. Third, the vo.t Influx of families to! our vicinity and the luck, of houses to rent, is forcing a great number to buy a home pf their own. "The prospects for the coming sea-1 son, In our opinion arc exceptionally! bright. The demand for vacant prop-' erly Is Increasing dally Alore vacant! lots have ' hanged hands during the past few weeks thnn during the entire season of 1U2U There Is but one conclusion con-clusion lo reach from this condition, namely, scores of homes are contemplated contem-plated in I he minds of home loving people of " tg.len. Vacant lots have never raised In pHoe sine iai4. ex-' cept In a very few localities. Hundreds! of choice lots can bo purchased in practically any part of Ogden. at a ridiculously low price and on very easy 'ernts. To our knowledge hundreds of lots hav been purchased at less than j fifty per cent pf their actual valuo. Howovei, most of these latter purchasers purchas-ers have been local people buying from eastern investors who camo Into this community during the boom days of 189 2. and paid exorbitant prices. Many of these speculators are now willing to accept most any kind of a reasonable reason-able offer for their property. "Many of our good people would build or buy homea today If mono) was not so close, our greatest dlffi- r-llltv in fhr. puilnrlli' la tn finance the purchaser who has a few-hundred few-hundred doll. us to maks. an initial payment. There la not in Ogden today, to-day, la big loan couvpany from whom we can ok lor the amount needed I between what we can raise on a first I mortgage and the Initial payment. Our I i banks refuse to handle second mortgages mort-gages and an escrow cannot be sold ' or disposed of without a substantial! discount. However, in spit of this fact i the Offdon lealtors. with their limited1 capltal, have financed and are carry-1 ling score of purchasers who are buy-1 lng on the Installment plan. "Their are a few people In our elty I who are prone to criticise and blame the res! eMMe broker for txceHstve rents. This situation Is extremely unjust un-just in the majority of Oaaoj because I there are few properties which pay 'the owner elcht peroont on his mvest-jment. mvest-jment. If a house costs four thousand dollars. It should rent for forty dol-jlar dol-jlar per monlh. In order to' pay equivalent equiv-alent to a standard stock Investment. 'However. In our .collection, there are many Instances Where, property own -1 era realize as little as two p rcent on their Investment. In It any wonder then, that there are so few houses un-dr un-dr construction for rental purposes? I Would vou put your money Into such1 an Investment? If not. do not -rl 1 1 - j els the owner of a house who charges, you forty dollars per month for a house whic h cost him four thousand (dollars although at first thought It may, sound a llttlo unreasonable. Did you (ever stop to think that a small pay-1 ment of a few hundred dollars, plus, I forty dollars per month. that you. jeould own this same pierc of property! yourself, within a shrrt period of eight or nine yearn. I "It Is Ihe great desire of erory member mem-ber of Ihe I gden Heal Kstate board tcj ceo 'gpii develop into the great-I est Industrial and the most beautiful' city In this lntermountaln region. Og-' jden In our home, we believe In her, wei never overlook an opportunity to sing I i her praises, we are happiest when we know that our efforts ar tending toward to-ward a greater Ogden " oo |