Omaha daily bee., 1896-08-02
GOOD DEMAND FOR REALTY
Local Agents Report Many Sales of Resi-
dence Property.
NoN-RESIDENTS TAKING AN INTEREST
Rental Agencies Also Report nn In.
crcnsing Demand for Property
within Walking Distance of
the business District.

Probably at no other time since 1890 have
the transactions in real estate in midsum-
mer been as large as they are now While
the business Is being conducted quietly, the
real estate dealers are generally well pleased
with the volume of their trade for this
season of the year and are enthusiastic
over the outlook for the future. Home
seekers, especially, seem to realize that
they must make their future purchases of
Omaha realty very soon in order to get
the advantage of the present low prices
consequently, there is an increasing demand
for both improved and unimproved resi-
dence property An encouraging thing in
this connection, too, is the fact that a great
many inquiries are being received now
from non-residents about real estate and the
rental agents have made quite a number of
leases with parties who have recently re-
moved to the city. The sales that have
been made have almost invariably been for
cash.
The Omaha Real Estate and Trust COM
pany sold half let in Saunders q Hime-
baugh's addition to Missouri party for
$3.50 cash and the purchaser will soon build
a residence on it and move his family here.
1t reports several other deals pending which
it expects to close up.
lot on Davenport street, Immediately west
of the Madison hotel; also two lots on Lake
street between Twentieth and Twenty first
streets.
j. II. Parrotte made the sale of a house
and lot at Thirty-frst avenue and Daven-
port street for $500 cash; also three lots
in Hilekes addition for $500 cash. Mr.
Parrotte, who does n rental business, says
his demand for desirable houses within
walking distance is greater than he can
supply.
The Fidelity Trust company reports the
sale of two lots on Davenport street be-
tween Twenty-siXth and Twsnty-eighth
streets, and house and lot in Lafayette
place to Mrs. Eleanor Schmit, all for cash,
and propositions are pending on other prop
critics.
The Omaha Loan and Trust company
officials say they are having a good many
inquiries for small houses and lots and that
they have made some sales.
j. j. Gibson, when called upon, was just
leaving his office to deliver a deed for q
property he had sold for $500 cash and he
had no time for a further interview.
The Potter & George company closed the
sale Of a 81 $50 property for cash in Clifton
Hill and reported the sale of several lots
in the Fort Crook addition.
The McCague Investment company has
some large deals in Omaha realty, in which
loans are involved, that will be consum-
mated as soon as it is known that the cam
paign of the business men to save the
country from financial dishonor has been
successfully waged.
G. G. Wallace says that his loan clients
are nervous over the prospects of having
their mortgages paid off in silver dollars
worth only So cents.
John w. Robbins thinks the fact that he
has rented almost half the space in the
new Davidge building at Eighteenth and
Farnam streets in the middle of the sum-
mer, and before it is fully completed, is
good evidence that it would pay the owners
of property accessibly located to begin
to improve it now with substantial build
ings.
w. G.. Shriver reports the sale of three
lots for cash in the southern part of the
city.
The largest real estate transaction of
the week in Nebraska was the sale of the
ranch of Coe, Carter & Co., near North
Platte to Turpie brothers of Toledo, o.,
for $250,000