Salt Lake Telegram | 1909-11-20 | Page 15 | Business and Residence Lots Alike Attract New Investors

I BUSINESS AND RESiDENCE lOTS All ALIKE ATTRACT NEW INVESTORS A noti noticeable activity in hell heavy n. n business busi bui- ness property has bas been the bj bg feature fea ture of the rear real estate market the pa past t week weck according to many real estate dealers It is its said aid that at pres' pres rea cut ent timo time there are arc arc deals hanging hat lilO which arc bound to go o through and which mean an nn expenditure well along alone toward the million dollar mark It is not slated Mated who wIio the purchasers are to be be but it in is under understood to od that a a man nian nn who owns considerable property will be the seller The property prop prop- erty for tho most part is iu in th tun southeastern south southeastern I eastern portion of the business district Tho rhe reports of the thic deal arc aye arc partially ly confirmed by bv several Se local firms firm that have o been bec 1 in the ne negotiations I and aud it is understood that rh they will he be ready read for giving in i out in a short time timo The fact fact that purchasers and sellers i are arc both out of town hn has made nU speed in closing the tho deals impossible o During the week i also there thero has becu a good round rotund of or business H in the tho rc resi residence i. i deuce dence districts Principally in the lie southwest the south the southeast t and tho the cast sides of the tho city cit has as activity been noted In t those o o o districts various vadous dealers have sold in man many a 03 modern cottages cottages rot cot cot- during the week eck to persons who arc are coming unto into the tho city and to others Many Report Activity Several So of these deals on the installment plan finn but hut the most were for cash Among thc the dealers who reported re TO ro- ro ported unusual activity in esi residence euce property were Stowe Palmer Burt Durt Carlquist A. A N. N Humphries Meeks k kI A. A Hi and nd Tuttle I Br Bros i They also alo reported man many inquiries in in- fo for property Prices on property ar are saul said to fo be higher than ever er but that fact is not preventing Ire buying as ag the general pub- pub lie believes that i they Y will ris rise still JJ III On this belief there is is con con- f derl le speculation ion in residence ground and residences In the tho t additions anti and subdivisions of the southeast and cast benches there thore has been a 3 rood good amount of inquiry for property tJ the tho wr week k Tho rho cold rold weather affected the dealers denIers to a certa certain 1 extent but a n num number er of deals were clo closed cd up despite this fact In I Idlewild Idle Sunnyside Sunn College View University University Uni Uni- 1 ersH Heights Fairmount Springs S and nd other outlying districts the sales Bale of lots Jots reported heavy Soon Part of City One reason for jor this this' was the action on which h was tn taken ceu toward bringing the thc districts into the city cit That it is said tid would immediately advance the value of tho the property and there are man many persons aro are speculating tiu in large lare blocks block of ground under that im mi- mi Next weeks week's real estate market mar ket will wiB largely depend on weather con con- With more warm warm clear days a lon long list nf or sales will be concluded concud d with storm weather the real estate bu business l ines-l w will n be more morl dormant for u a awhile I while of ot course in the larger I business s prop propositions sit ous which are arc han hangin hang hang- in In fire