Omaha daily bee., 1896-07-19
DEMAND FOR SMALL HOMES
Real Estate Men Report the Greatest Activ-
ity in This Glass of Property.
SOME LARGE DEALS ARE NOW PENDING
Eastern Holders of vacant Rcnlty
Planning to Improve Their Prop
e~rty-ScvernI Rows of Modern
buildings to 60 Up.

There is a surprising lack Of life in the
real estate market in Omaha, considering the
promise of brisk business in the near future.
There is every prospect for an immense crop
and a general revival OF business. Property
is extremely low, and inquiries were never
so numerous as now, yet the actual transfers
for June (Which is usually one of the best
months of the year, were less than for any
month during 1896, and we're less than the
average for 1895.
The promised location Of the Transmissis-
sippi Exposition in Omaha has apparently
had no effect whatever on the real estate
market, and real estate men seem to take
but little interest in it, Notwithstanding the
fact that il is bound to throw millions of
dollars in circulation in Omaha, to make a
great demand for houses of all kinds during
the next two years. to enable thousands of
workingmen to accumulate enough to secure
a cheap lot, and fill the city to overlooking
during the next two years.
The Fidelity Trust company has let the
contract for four modern residences on Viz
ginia avenue, two in Avondale park, on
Twenty-eighth and Burt streets, and are con
templating further building in Rees Place,
on Georgia avenue.
All of the real estate agents report large
inquiry for small homes from 81, 200 to $4,000
on easy terms, and any parties owning such
property who will sell on the payment plan
with small rate of interest will do well to
list their property with real estate men,
as many such sales can be effected.
The Byron Reed company reports that 1t
is having inquiries for property and has
received an offer from a prominent eastern
party for a large business block in Omaha.
The offer is being considered by the owner.
This company has also received plans from
eastern clients for a row of six brick build
ings, to be built at Twenty-first and Har-
ney streets, and in all probability work will
be commenced on these buildings within a
short time.
The Potter & George company has made a
number of sales of lots in the vicinity of
Fort Crook, at which place several add
tons have been plated during the
R Feo6rts fe" the mon sale o The seS Se g hos nlss
and lots during the past few weeks,
and is having a great deal Of inquiry
for residence property from parties who
wish to get homes. 1t also reports two or
three deals that are pending with eastern
parties, but which in all probability cannot
be until after the election. as
the silver talk has made eastern people slow
to take new investments until they see how
the election goes this fall.
The McCague Investment company has
closed another good sized transaction, par
ticulars of which will be given next week.
1t is also negotiating for the sale of a large
business block.
H. H. Harder of the Fidelity Trust com
pany has five distinct propositions which
have or will be accepted. and the sale of
two lots at the corner Of Thirtieth and Chi
cago streets from Mr.. Touzalin to E. C. Saw
yer of Hastings. 1t was a cash deal. Also
the sale of a house on North Twenty-sev-
enth street for cash to Mr.. Chamberlain,
the consideration being 81, 500.
Eastern people are asking a great many
questions about the exposition and are TAX
ing more and more interest in it, and if
Omaha people Will take the pains to inform
their eastern friends about the matter it
will be the means of doing Omaha meal
culable good.