Salt Lake Tribune | 1912-07-21 | Page 12 | Midsummer Period by No Means Dull

MIDSUMMER PERIOD 8? M JEMS DULL Real Estate Dealers Report Continued Demand for Home-Building Sites. CAR SERVICE EXTENDED Increased Transportation Facilities Fa-cilities Important Factor; Inquiry In-quiry tor Small Farms. Re! ejtn: denier report Mttlf- changa marks! n t i-i-1 - for the week. Norma) summer trade continues with uninterrupted regularity, marked, however, how-ever, by no extraordinary transactions. As is customary in tho mid-summer :-eft:-oii. building operations throughout the city, with their attendant effect on small tradinc. BOntinUC to furnish the chief impetus to market otherwise other-wise naturally somewhat dull Every-weere Every-weere in the residential section, espec iallv in the fast developing suburban districts, and over a large part of the business section, the sound of the building artisans is in the air. Business Busi-ness in general is profiting bv this substantial sub-stantial growth of the city and real estate dealers in particular are finding therein a satisfactorv activity. Plumbers Convention Helps. The gathering of the master plumbers here last week, the first of several mi-r'Ortaiit mi-r'Ortaiit national conventions Scheduled for Salt Lako thil summer, created a rather Substantial clement in general trading. Among the hall thousand attending at-tending delegates were many "who made serious inquiry relative to Salt Lake property and 'as a mntT plumber i? usuallv aeeredited with possessing no little means, some actual investments are expected to materialize from their visit to Salt Lake. Beyond atn immediate imme-diate results of their visit, however, far-sighted dealers see therein increased publicitv for Salt Lake and a wide circulation of favorable comment regarding re-garding the city in other sections of the- country. Assurer Publicity. Likewise, the effect of tho master plumbers' convention is taken as a fa vorable portend of what may be expected ex-pected from tho larger conventions it will be Salt Lake's honor to entertain in the immediate future. As for actual transactions during the week, thev were centered for tho most part in the transfer of home 6ites and suburban lots. All subdivisions in tho city environs are prontiug largely bj the general extension and improvement of street car service, a factor, cay the dealers, that is doing more than any other one thing to stimulate tho sale of lots. Demand for Farm Tracts. Near-lying farm lands figured in the week's business to a degree worth noting. not-ing. Dealers in this class of property report a better demand for small farms of suitable locality than for months past, accompanied by the completion of a number of pending deals. The presence of many homes in the residence section proper in the "for sale" columns has become a distinguishing distin-guishing feature of the market recently, recent-ly, and though some dealers look upon this condition as an unfavorable sign, others explain it satisfactorily in fact in a favorable light. It is the. outgrowth, out-growth, eav the latter, of the suburban growth. Men of means have caught the fever for handsome modern bungalows bunga-lows and are turning to them in largo numbers. Naturally thug throws upon the market an unusual number of less modern residences. However, the in creased supply is not without an increased in-creased demand, thus saving tho mar ket from any undue tendency toward heaviness.