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Show PRICES REACH lid RMAL AGAIN AND WARRANT BUILDING HOMES j WITH STABILIZED CONDITIONS Decline of Five to Twenty-five Per Cent in Important Phases of Building Costs Are Seen by Secretary of Realty Board; Safe Business Policy to Make Investments in Structural Work Now, He Declares in Reviewing Situation. Building prltew bave reached such a) level thai tiie may be considered stabilised sta-bilised and warrant ogden people in I proceeding with building plans, according ac-cording to the view of J. Francis Fowler Fow-ler secretary of thP igdcn Real Estate Hoard, who Illustrated his view with a I fairy story, saving: "A story is told about a beautiful little girl who was beheaded. This cruel deed was done by order of her uncle who desired to possess her vuati estate. "The fairies got busy at once. Her head was restored to her shoulders and witli it her life. There was great rejoicing re-joicing for a few moments, then they fled In horror. These little bunglers ' had made the poor girl face back-1 ward. "Soon a prince," parsing near and hearing the crle of Ihe little girl, vventl to her aid. Her woeful condition! made him pity her Oullzing that It! woultl take some time to get an am- bulance. be determined upon some simple first aid' measure. He kissed lior It turned her ho..i. i mi ro it i:n hi: ad "It Is now time to turn your head toward Ihc building or buying of a home. Why? Because the terrible world war bungled everything up, making abnormal high prloea Since normal conditions have once more returned re-turned It is time to turn our heads! toward prosperity ;ind happiness. I . "We, as Realtors, rejoice over the fuct that the cost of building has! reached a normal condition. Also t riot houses already constructed, are being listed with us at a fair and reasonable1 price. This condition in our opinion can mean but one thing, namely, that we are going to do more business, that ther will be greater prosperity, that' there will be more homos purchases and constructed, during the year 1921, than at any time since 1914 "Tho Realtors of not only Ogden, j but in every other city of the United States have been very d issatlsflcd with the abnormal high cost of construction construc-tion of homes V have fought to get j the prices of material back to a safei and sane pries. It Is absolutely tm- possible for any reliable business firm' to operate or pursue a safe business policy with an unsottled market ,on-; dltion. This applies to practically! every business In existence The reason reas-on why it is unsafe Is perfectly ob-1 v lous. HOW CONDITIONS CHANGE. "For example, here is a firm of Realtors who construct fifty house.s paying for the material and the labor ten to fifty percent above the normal i price. Should tho market decline from, five to twenty percent, which Is ex-actly ex-actly what has happened, he Is forced to take a loss on every single home' constructed. That Is the reason why more houses were not constructed duiing th. year 1920, Builders were afraid to take a chance "However, the Ogden Realtors feel that under present conditions they af6 safe In constructing homes for sale, since they have the assurance of lum-! bermen, brick manufa turers, plumb-j ers and the workmen that the market is and will be practically stabilized. This condition will permit one to estimate esti-mate the cost of a building before. It! is construi led In others words he will know the future value of hlsi house after the same Is constructed. This not only applies to the builder, but to the Individual purchaser who, before spending five or ten thousand dollars, as the case might be. In a home, will know that his property will be worth approximately the same next year, instead of from $600 to J2500 less." |