Salt Lake Tribune | 1908-08-21 | Page 12 | Cry for Houses is Heard Everywhere

KSflEBE Real Estate Men Say It Is Impossible Im-possible lo Supply (he Demand Now. MONTANA AND IDAHO j PEOPLE LOCATING HERE Big Demand for Locations by Small Business Men That Cannot Re Met. i PoporLs from real cstalo circles call attention to the lack of houses in tho city to supplj- tho demand. Xotwith- i standing tho fact that builders arc ; busy and new dwellings uro being orocted as rapidly as possible, J ho call for now homes 'continues to increase, and becomes more and more insistent. Loth Hoffman Bros, and the Hubbard Hub-bard Investment company report numbers num-bers of calls for homes from people out of tho cit', and largo parties of pms-pectivo pms-pectivo homo buvors havo been in the cily Tccenll looking for homes. Theso peoplo come mostly from Montana and Idaho. Other real estate dealers comment com-ment on tho tremendous number of people peo-ple who come hero in senrch of homos nnd now accommodations can not be supplied thom fast enough. Ono dealer who makes a specialty 1 of business opportunities remarked that j he could uot begin to supplv tho do- mand for locations for small businesses by men who wish to invest here. The I places aro simply not to bo had, and j this in spito of tho faot that new busi- ' noss places aro being erected at a great rato in all parts of tho c i 1 3-. ; Demand for Homes. j A recent report received from Ho'ff- j man Bros, indicates something of tho rapidity with which new buildings aro ! erected and sold. Practically every one of tho following now homos 'is promised lo a prospective purchaser even before it is built. Thoso undor construction j are: Four five-room modern cottages on j Fourth Fast and six four-room modern j cottages on Ninth West, the total in- vestment involved being ."r17,,"i00. These 1 cotl.Tges sell for about oOO each. It 1 is said that the demand for good homos j on the west side of the city by working- men who wish homos located near their places of work is almost unprecedented, ! as it is impossible to supply the demand. ! Such homes are sold generally at prices t ranging between $1SOO and '$2o00, and ' payments arc so arranged that they j will accommodate tho workinginan. J Theso things aro said to indicate some- ! thing of the manner in which Salt Lake I is progressing, and the investors point i with pride to the fact that the people who aro coining into tho city arc solid and substantial wage-earners, and not wildcat speculators. Ono real estate dealer said recently: "I never saw anything any-thing like it, in any place I ever did business. It indicates solid, substantial progress." 1