Show IRE ARE IREINE INE FOR FOA THE FUTURE OF t CITY I ough Sales Salea Branch of the Business Is Slow I It Lake City Is on a aoun Sound oun J Basis L L EYES THIS WAY of Real Estate in Los Loa Angeles Angele Seek to Trade for Property Here Loans Are Paid aid Promptly RICHTER real estate dt dealer is not inclined to ny busino s is is fine when it is o ly lair fair He seldom talks for ugh a as ho says that is not b because is not selling solling an any houses lots or oring orling ling ing up It is because or of or- or orial lal ial reasons which arc there What is important is that o. o R Richter carne came out from his usual roe ro re- e toda awl ana said to n a representative THE TELEGRAM that Salt I Lake ake Y V is right now on a sounder basis basi d cn greater reater pro prosperity erity than I 3 other city of its size in the country tI 1 M. M has bas reasons to o back I Ins his assertions that OU their face II tun arc con indisputable r. r took pains ins to make it un un- un that while this city rity prosperous it not br be inferred it aU all in the local real ate market arc flourishing Ir said aid aJ that t the selling j is I with the exception of for small d on cutal terms torm L Lr Large r c houses es arc at atI I R a lIra drar upon the bo explaining that this thill i is not ot be e. e II C the archel at t tOo o hi high h n a value t because uj owners arc not Hot willing t to themselves tilt ill long time 13 nt As As i Mr ICO- ICO I e arc Up p for 11 s 2 lU 11 o h I to tol l l ke a good it 1 t. t Are Arc Bright Mr Ir Richter saul that hat ill iii his opinion ou ers are arc asking too mitch for close and ud all acreage o property anal at jf it the were a little moro Ii a good for this las s investment would manifest i selL it-selL elL H But But pro prospects for the general mar t next spring arc excellent said r r. r Richter All tar turned to It It I Lake a e City Cit Denver people are arc I in ln b by the hundreds as well as It is to note w investors in in Los An Angeles eles and other Cities are arc socking property this city dt- Three T ars a ago o denIers dealers a pro 1 owners owners in n Salt It LaKe were l ocal to exchange exchanger r land in California I Ie Now it is is' just the tho opposite I I I am told in fact that the Los An An- l lc pa papers are are fun full of offering property in that city in ex cx- change hango for lor desirable csira lo holdings s in Salt Lake This is as Line fino an indication as asI asI I could Imagine imano that other cities have Salt Satt Lake Lako spotted as s' s sa a live one with an enviable future City on Sound Basis While Whilo the tho sales department is slow the tho real estate market is healthy Nobody No No- body is giving jn property away ana prices are arc bolding There Thero are aro a J good investments in to be made mado in real estate ih h. h Salt Lake Oit City as can call be found any auy where else in the country 1 I b have vo in in mind Dind the opportunities th that t fie lie in close in In property Investments in In property located Within a mile mito in any direction from the tho heart of the tho city would reap enormous profits of years ears That class bf r investment has hns' been The fact that close in prop erty will work while you sleep has bas been heen overlook cd but this is il virtually a fact An Indication that the city is on a sound is the tho fact that loans can be secured when duo due That notes are arc renewed invariably when this thi request Is made is excellent indication as is also tho fact that there thoro arc aro no foreclosures n. n condition con con- Ution that does docs not not- exist anywhere else that I know kno of Furthermore there Isa is isa a great scarcity of vacant cant houses In fact I ao o not believe beHove there ar are over modern houses In desirable locations locations' in tho city Considering Considering- conditions from every cen standpoint it seems n a safe Bafo prediction w that the tho local real estate market ho bo moro active next spring than it has bas been in any spring in the history of the tho city Mr Richter is of tIlt the opinion that building Will ho be ono one of the tho chief ac activities ac- ac of the market all next year car and I for several v ar to |