The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-11-30
While it is not Brisk Business =
Moving Along Very
Steadily.
Inquiry Just 1T Present u In tho
Limo Of Improved
Property.
No 0sprsciation In Prices 10 Reported, and
There Have Bssn 10 InAica.
tions Of ft.

brisk, II moving along steadily on pretty
sound basis. Though there II little de-
mand for unimproved property, most real
estate men report q good inquiry for
houses, beth for sale and rent. So far as
can be learned NO depreciation has taken
place in property and nome il likely, &C
cosding to the signs. In come few cases,
whore the owners have been pressed for
money, there is disposition to unload q
prices which are considered somewhat too
reasonable by the owners of surrounding
property. But ON the whole dealers are not
disposed to press such bargains, preferring
to wait for spring, and take chances on q
brisker demand. Various estimates place
the appreciation Of property in Helena
within the past year at from 20 to % per
cent. Building 10 going on steadily, and
this shows faith Of investors in the growing
prosperity of Helena. The views of some
Of the leading real estate mon on the stu
alton are given below:
A. ]. Steele While the real estate mar
ket is quiet, and there are few transfers OF
unimproved property, there il steady de-
mand for houses. This, considered IN con-
nection With the fact that there have been
400 houses built annually for the past four
years. denotes healthful and constant
growth for the city. As soon az the eastern
eases s Sp o s 9ol 81 st
Notwithstanding the unfavorable condition
Of finances in the east, the real eatste mar
ket here ID no more quiet than It was the
same month year ago. From the fact
TINT Helena has been 60 extensively adver-
tised, not only by the use Of printers ink.
but by personal Investment ON the part of
NJ Il i1kNpoe%sn
the east, We can look for the incoming of
very desirable class Of investors in the
spring. Every week inquiries are made
from the east by people Of standing in the
business world. who indicate their intention
of visiting Helena in the near future. The
during the past year has been about % per
cent. Prices have kept up we'll, and all
things considered, with Q favorable winter,
9 year Of great Prosperity may be looked
Richard Jockey: There is not much
doing, but while the situation 10 not en-
oouragine II u not dis aiscouIssing: The ne
loans by the banks is affecting those who
bought ON time and are making partial
They are settling up their old
deals instead of making new ones. The
election had somewhat unsettled things,
and then came the money squeeze on the
uo010 VI lVs tuAUAs AOW0v0Gs UA0V VNO4o
will be an Improvement in the spring. The
assessment is hurting property here some.
what. It is too high. More men have had
to borrow money this year to pay taxes
than ever before.
E. 8. French: There is little inquiry for
vacant ground, but . good demand for
houses to rent and sell. Prices hold up
we'll; there.has been no Depreciation and no
signs Of any. II is net expected that much
will be done until after the holidays. Still,
W are better OF than In the east. Some
have crazy idea that everything is on q
toboggan slide, but they are those who
know least about the situation. never
knew any property to reoede, and never
knew any one to lose money on property
here. see no reason to be pining.
A. NJ. Thornburgh: Business In real es-
tate seems to be going on emoothly. Our
firm il making sales right along. Prices
are keeping up pretty we'll, too.