Show REAL ESTATE EST A TB SALES IN S. S L. L INCREASING Reduction in Number o of Empty Houses Hailed as asSign asSign asSign Sign of Recovery Recover Real estate is sp speeding dIng to recovery I Those who gauge the status of rca real estate estale and the real estate market sa saso say so according to Werner Kiepe Ki pe secretary secretary secretary secre secre- tary of the Salt Lake Real Estate Estat board Important adjustments have been made during the year car with the view vic of establishing real estate on a sound basis Both the special and regular regula sessions of the Utah legislature enacted enacted enact enact- ed cd legislation benefit benefiting ne the property owner Laws were enacted to provide fo forthe for tor the instalment paying of taxes both current pad and delinquent and providing provid provid- lag ing ng for a discount for taxes paid prIor to the delinquent date The Interest rate on delinquent taxes axes was reduced the state road tax levied by bythe the counties was abolished a law was passed to permit tax credio credit credi to o owners of property housing unemployed unemployed unemployed and needy families unable to toay pay ay rent and a general sales tax lax was wa passed assed to provide funds for Utah's Utah needy which was a departure from the he old method of depending on a property tax customarily levied to raise such funds The national congress also adopted adoptee legislation beneficial to real estate notably the setting up of ot the Home HomeOwners HomeOwners' HomeOwners HomeOwners' Owners Owners' Loon Loan corporation It will wil result in the refinancing of more than 00 homes in m Salt Lake by January 1 I Kiepe said Conclusive ive evidence of the improved im- im improved im im- proved condition in m real estate is hown shown in the recent real inventory made by b the Salt Lake Real Estate board oard the Apartment Owners Owners' anc and Managers Managers' association the Building Owners Owners' and Managers' Managers association and ind the local posto postoffice ice Kiepe said uIt It was found that the total residential resi resi- vacancy in m the cit city dropped from rom per cent in 1932 to per er cent November 1 1933 Mi S t f I c cB B MO A Werner Kiepe |