The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-11
Real Estate.


Realty sympathized during the wear with
all other classes of business. Dizziness was
the distinguishing feature. While there
we're spasm0dic "spurts,' the continuity Of
demand which makes a market ana results in
transactions was lacking Investors, while
admitting their preference for really, held on
ard waited for some time in the future IN
which TO come into the market AS the con-
sequence of this condition, no large deals
took place. The principal demand was from
homeseekers 10 that class some lots were
so d, ana some residence ali at good prices.
larger business could have teen done but
for the scarcity, and consequent nigh price,
Of eligible lots and the paucty OF the offer
ing Of residences varying in price from
So 600 to55 900 This class of residence was
and still Is, in fair demand. In the matter OF
lots in the territory north Of Anderson street
there are so few unimproved that fancy prices
are demanded for the few left. The annexed
territory, south OF Anderson, has now to fur
nlsh sites for investors and homesGekers.
Having become taxable by the city since
Jan. l. last, the city government will pro ba-
bly, extend its street improvements to that
section and population viii graVitate in that
direction. -"
II can be claimed without contradiction
that despite the extraordinary condition
OF the whole country, real estate 10 this city
been made, and the holders OF real property
continue to regard that as their best asset
Now that the country has re.
legislation, 1t is fair to expect business
10 resume It's former channels ana no class
OF business will 50 promptly respond tofIvor-
able conditions as real estate The coaserV-
alive thinkers predict very decided turning
to realty by investors as soon as the country
has return of prosperity. The so It'll by
consent of the whole country, is to be the IA
vorlte in the race for prosperity. 1t is not an
extraordinary claim to make for Savannah
that, as a candidate for public favor. we can
adduce arguments in the shape OF induce
ments that will attract investors. THIS we
must do as citizens for ourselves. and not
depend upon railroad or other corporations TO
do IL for US There must be systematic con.
certed and persistent effort TO ma Ike known
or merits, and unless this is done we cannot
expect to keep up with competitors In the
race OF communities.
in the matter OF rents during the year lust
passed. they were maintained. some little
apprehension was e. pressed last Septen Der
al what was thought 20 be the large mum Der
of homes then vacant. During OCTOBER how
ever they were all taken up at satisfactory
rates During the summer months OF this
year there was quite nun Der OF houses for
rent, but a careful investigation VIII disc lose
the fact that this is only the result of the
usual summer exodus, and as our population
returns from thai sumner outing, these vii
be readily disposed Of Rents are held stead
lily at last year rates, ana there seems no
probability of any lowering, except wire e
conc ess!oEs are made TO keep old tenants
rather than to accept new ones forwhon
more would have 20 be done in repairs than
slight concessions TO old ones would amount