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Show FIVE MIllSOH Hid FOR HPEBIll Salt Lake's Showing for Year Little Short 6f ffl ! Remarkable. ffl MARKET FOR THE WEEK, HOWEVER, IS "ftUIl I People Want to See What Tti Arc Buying; Details of 1 the Business. J Except in tho sale' of homes, estato business during tho past has boon unusually quiet. Pcoploli not buy real estato unless tkeySi soo it aud it is almost impossible' show property at this timo of f year, ia tho statement mado byjp estato men. Most of tho dealers rep : the usual number of small transacts howover, and tho uuniber of inqui has shown that investors aro look; about for opportunities to placo tit money in good locations. One of tho leading real estatoia recently commented especially onf.K fact, and showed that many eastl people woro coming hero to look oj the conditions, with tho intention! placing their money in good securit) Large Transactions. H A number of large transactions, h(l over, have been made during tho vbj th most important being tho acqtif tion by the Salt Lake Security "fa, Trust company of tho tract ln'fj, southeastern part of the city knownlj LauroMmrst, tlio price paid tieli $30,000. This property alreadyjl been platted and arrangements mi( lo 6ell building lots at prices withinjl reach of people with only moderated comes. The tract is located just 5 of Westminster Heights, which isa ready' devoloped, and whero numeffl now homes have been erected dura the past year. jl Another largo transaction was ported during the week, which wasH purchase by a. Utah capitalist off? tract includinc'' forty-five acres m south of Twelfth South and oastl Thirteenth East, and lying partly tho cast bench. This locality isyi an excellent placo for homo sitosffc will be developed in the springjlJ though nothing will be dono withal property for the present. j Apartment Houso Sites. Jt-g Tho purchase of a number of sitesr the erection of new apartment hoof was also reported during tho weokfi indicates that the activity next 3J will probably be up to that of thotl twelve months since tho activity!! started in so early. $1 "The indications of an uuustuP good ' yoar in 1909 aro oxccptioiuH briehtf" was tho statcmont of a bu or last week. Real estato men alsoTf attention to tho rate at which tho$i selling new houses in various parts! the city, in spito of the late seaadal It is said that manv of thojjft housos are purchased bv residents this city, a fact which indicates desire of tho people for new liomesi the refusal to be satisfied with thei conimodntions formerly oflored tj Tho same tendency is exhibited inft tals, also, and attention is called toj fact that it is much easier to obfj high ronts for new homes than ,"oj medium rents for old houses. especW those of the adobe type which beM to the old regime. J . In spito of the number of now liqaj which havo been creeled aud the sri provided by tho recently compli apartment houses, there is anparei uo lack of demand for accommodaj in the new quarters, and the homefT I apartments aro often rented before! buildiucs are completod. Most offi unrented houses in the citr are offl old type, it is said, and there arcfl vacaucios even in these. jgi Wonderful Showing. jg Building Inspector A. B. HirthH attention to the extraordinary shojg made in tho amount of building perjH up to tho present timo and is flatten himself that the total may rcaclfW five-million mark beforo the end ofjW year. During the past week PcrjBJ calling for an expenditure of $175jl wre issued by the inspector, thus-n ing the total for the year $4.572M Only $42S,000 is thus required to bfl the total up to the five-nvllion m which will gi'vo a percentage ofyg creaso of about 60 or 70 per centjj tho ontire year and away abovo thejj centage presented by most citiejM over tho country. When it ift reiiK bored that the proportion of smallM mits, issued for the erection of hof. is unusually large, this showing islfl sidered exceptionallv irOod. Mm The total amount of the permitslB the month is now $315,900. whiefl $203,000 ahead of the first twelverjH for the correspondinc month a yearj jl Mr. Hirth reports thnt he has in R a number of permits for large amoujE which will be iss'ued before the olosIB the year, and the chances that thqjE mainiug twenty davs of tho yearMffi produco tho remaining $42S.000 ofjfjE doslred fivo million is very likelyS |
