| Show REAL ML sti TiVE DIS TR TS sin fOR DWELLINGS OPENED The break In stocks and mining all allover allover over the country has made itself felt in more than one locality In spite of this the Salt Lake real estate market was fairly lively during the week A ber her of residence properties changed hands and prospects are for something heavier this coming week The sellers seem to be str stronger nger than thai the buyers There are plenty ready tb buy but the figures have been hard bard to tor r reach ach Many of the sellers believe that by hanging hanting on they will win come dut ut the best while those who are looking for smaller profits and quick sales salE's and transactions are the persons who are makin making the money During the week there have ha haEb b been en a number of inquiries for First South and Second South street properties Second South somehow went begging this week The real estate owner figures these days that ha he has good reas reason n to be satis satisfied sat sat- satisfied is ed with himself and the world at large He points to the stock market fluctuations of f the last few weeks for justification of his assertion that he ho has the safest thing going for investors to put their money into ioto While stocks have havo tumbled in value the real weal estate has not been affected apat cle Home Owner Not Worried The assertion has been made on Oh n the contrary that it has been beel stronger r as asa asa asa a result of the the rich mans man's panic that h has has' s' s flustered the dis disciples of frenzied finance nance As one man states jt it t people have been bitten by industrials industrials' and aud other stocks and are fearful of venturing ventur ing ing- ing but have now turned to real estate estat The humble bumble home bom owner has no reason to feel worried for his bis home is still where it always was and hasn't lost so much as a a shingle whereas he owner of stocks has bas i in iii some cas eases cases iJ seen his investment in in- investment vestment dwindle 50 per cent over night Yet although the st stock ck panic has been a marked stimulus to real estate investments tb there re is noth nothing ng like a boom here with fictitious yal values es Large profits have recently been leen made in real estate it i is believed entirely due to natural conditions The Theother other re reason rca rea son for this is the growth and prosperity in in all directions Thus far there has b been en no chance no chance to gamble on n real estate It been beena a pure investment working its way under un un- un der natural conditions There has been but little option work and no effort with the rich quick s schemes hemes of starting small suburbs in the all al alkali ali sands A AH All purchases so far this year have bave been for fora actual and bona fide real estate Con C Compute Profits 4 The profits to be derived from such i investments can almost be computed to a ent in in advance Tl The e advance has been from 15 to 50 per cent This progress has bas not been in hi property in the downtown district but has been devoted devoted de de- voted mostly t to the residence districts A number of fine residence districts h have ve been opened in the last few months Most of these have bave been in the eastern part of the city and in in the vicinity of the University Although there have been a number of beautiful loc localities opened south of this and also i in in the western part of the city Homes seem to hold the center of the them m market At present there are very few houses to rent although the scarcity I has bas not been as great as s several weeks ago I |
