The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-09-06
lesS-Sy.
REAL ESTATE.


The article upon real estate in last years
edition closed with this sentence: The outlook
for the business year that is upon us is bright
for full prices and large transactions in real
estate 1t is a subject of colgratulation that
each year, as we write with the review of the
previous year before us, we have been abb to
S e the fulfillmeEt of every prediction. and the
verificatiOn of all of our forecasts. To remark
able degree has this proven true during the year
now under review.
The tran~actions during the year have in
creased in amount over 100 per cent. These
have been confined to no particular class of
property. 1t is a significant fact noted by all
of the dealers, that pieces of property, which
have been on the market for years, and which
for that reason have been considered un iesir-
able, have been taken by investors this year at
good prices The demand has been very gen
eral, and the transactions would have been
much larg but for the paucty of offerings
of certain CT lsses o property. There has been
a very decided preference manifested for prop
erty in the southern section. The demand has
come from two classes of buyers viz, tn CAPT
talisls who have eagerly taken at prices
far in advance of the sales of previous
years all the acreage property offered in the
line of improvements ex ending south, and the
home see ers, who have been waiting for years
for the opportunities which wee given them
this year to purchase lots good localities
upon easy terms The disposition to sell mani
tested this year by holders who previously hold
tenacously ant stubbornly to their purchases,
added materially to the transactions of the year.
or at many lots changed hands, and the
liberal terms given by owners enabled many
per- sons to secure the nucleus of a home who
would otherwise have had to wait years to &C
cumulate sufiiciency to pay all cash.
The wisdom of this manner of selling will be
seen in the impetus given to building, and the
consequent enhancement of adjacent prop
erty.
The statistics of the buildings erected, given
elsewhere, is veryeneouraging, and must be a
surprise to those who do not keep informed
upon the subject. careful study of the stu
alton will show that from the river TO Anderson
street our city is compactly built up, and that
within tuat limit, with the exception of the
sp It's made bare by fire, there are but few eiSi-
bic sizes to be bad. Upon the main BUSINESS
streets buldins sites are vainiy sought by
those in this and other communities, who, at
tracted by our present and prospective pros
perity, would b. GLAD to 80 invest their capital
Much money has been realized in real
estate transact ons, and the ensuing
year will be conspicuous for the in
creased number of operators Many who
have previously acted as if no goo could come
from this Nazareth are now showing their
newly "a Takened faith by ignoring the security
market and investing in Savannah dirt
Ali of the indications point to a heavier de
mand for real estate than ever during t ie en-
suing year Our city is constantly receiving
additions to her populatlo !, our streets are be-
coming more crowded daily with a busy thron ;,
and ne y railroads and new connections are Sc
curing to us lucrative business. New territory
| to draw from Is inviting business men from
| other cities to move here which, with new in
dustries constantly added to the list, gives EN-
ployment to labor and increases the demand fol
| houses to buy and to rent.
The continued super health of our city dur
| ing the summer, and the excellent health RECORD
| made thus far in this particular by Florida
| have, and doubtless will continued to have
wonderful effect upon the eSti nate in which
| our city is held by the great outside public
| Nature has dom much for us. If our own PEG
| pie are true to their city and will improve the
| opportunities made TO them we are destined tC
| have gra d city in the very near future. Savan
| nah should and can nave population of 100, 00t
| souls IN less than ten years. To accomplish thi
| our people must be united upon all questions o
public good. They must quit decrying the city
| ey must talk its merits and work for its ad
| vancement; they must invest their none,
here, where they made it, in enterorise
| for the good of the city Priyat,
and personal disagreements must be put asid,
| for the good of the whole. Let public opinion
| brand the man who talks aga<hst Savannah al
| disloyal, and its seal of condem alton be 80 pro
| nounced as to forever discourage a repetition o
| the act. The city cou Gil must enlarge it.
| views and try to appreciate our own greatness
| Unpaved streets should no longer advertise t.
| strangers the inertneSs aud efficiency of thos
| roadways Obstructe1 streets, unopened
| streets, should cease to be quoted as evidenc
| OF a desire on the part OF our people that w
| should not extend our borders.
| Our future is in our own hands. Great pros
perity has bee visited upon the bulk of on
| population, and there are few places that car
| offer so many inducements to home seekers a
our own b -autiful city. tatriotism and self in
| terest should actuate us to accomplish what ha
| been made pc sible by nature and circun
stance, and make Savannah tie foremost cit,
| of the SOUTH