The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-11-22
REAL ESTATE MARKET.
Dealers Say That a Better
Feeling Exists.
A GOOD SHOWING ON SALES.
Herald Reporters Feeling the Pulse
Some Say Prices are
too High

There have been whispers about town
for few days past to the effect that
the real estate market was looking up.
and some have even gons so far as to
assert that few weeks will bring back
the days Of last spring when the town
was wild with excitement over the
boom Others take more modest view
of the present indications and say that
they point only to period of good
feeling and good stiff run of business,
but that the excitement is past and will
not recur. THE conditions are
different" said one real estate man,
from those existing when the excite
ment of last spring began. Prices were
so low then that one could Jump in and
buy blind and still come out ahead.
Nuw, however, the prices are so much
higher that it is necessary to buy care
fully in order to get bargains For
this reason he thought that whatever
movement did come this fall would be
of a quiet nature.
Reporters of The HERALD Yesterday
visited several of the real estate offices
aud, while the entire ground was not
covered, enough representative dealers
were seen to give an idea of the feeling
on the subject. The expressions of q
few of those called upon will be enough
for illustration.
PERSONAL OPINIONS.
Colonel Sells, of Sells & Burton, said:
"We made two good sales last week
and have just received an offer for nine
of our lots which think we will accent.
| believe in encouraging buyers, and if
we get them to feeling good it will lead
to something better" The Colonel was
hopeful, thought there Vas a better
feeling generally and good time com
ing. Before the reporter got through
with him he was called away by an
anxious customer.
Mr.. A. D. WooleY had no recent sales
to report IF there is a new stir in
real estate, for Gods sake don't tell
anybody" was his touching request.
After assuring him that newspap rs
make booms by telling people of these
little stirs, the reporter left.
Mr.. Crismon, OF Westerfield & Girls
mon, was sure there was an improved
feeling in the market. He said real
estate men suffered a great deal from
having people raise their prices on them
after they have procured customers.
Mr.. Crismon is another of those who |
take a conservative view of the situa-
ton and look rather for steady run of |
business than for any great excite
ment.
Mr.. F. A. Wickersham had been
making sales right along, but had none
to report that had not been publis he'd |
already. II have made more money |
"than made during the BOOM" He |
thought that as soon as active work
was begun On the sewerage there |
wodld be som ething OF stir here. he |
did not think that the Council should |
be asked to use undue haste In the mat
ter, but thoughtthey should proceed as
fast as was practicable.
And so they went. Not one
of those seen would say that there was
not a better feeling at pre- ent tnan |
there has been for months, though |
some only hoped for good time COM |
ing, while others were as sure of it as |
they are that the Democratic party eats |
crow next Thanksgiving Day for the
last time.
SOME FIGURES.
A few figures on the transactions re-
corded during the past few days will be
of interest. The instruments recorded
Saturday last show a total of $25, 900 |
changing hands on real estate: those of |
Monday show about $4,000. An alb |
straot of the deals filed Tuesday shows
that the real estate transfers re-
corded that day aggregate $l3,-
993. These represent actual sales of |
real estate, and do not include the |
mortgages, bonds, etc, which appear
on the abstracts published by some of |
the papers. Neither are they old sales
which have been recorded lately. So |
far as those recorded Tuesday are con-
cerned, all are sales made this month.
and this is doubtless true of those of |
Saturday and Monday, although the
abstracts for those days are not at |
hand and positive statements cannot |
be made as to them.
THE HERALD has no desire to start q
wind BOOM" but the rumors ahoat |
justified some investigation, and now
the facts are presented. those interested
may draw their own conclusions.