The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-03-11

are fast being disposed of, and there Is
a better tone to the market all around
l control between 800 and 400 dwelling
houses, and every building is occupied.
This condition will unquestionably result
in considerable of a revival In building
during the season."
DR.. Earl is building a three-story brick
business block on Payne avenue, close to
York street. The new structure Is now
IN process Of construction and will cost
$4,000
A. HolteInoff reports a good demand
Tor property to be had at low figure
Prices, however, are receiving consider.
able stimulus as result of the demand
and the market is, he thinks, in a some,
what more healthy condition than In th6
past.
People who have been paying rent are
attracted by the existing low prices. Mr..
HoIterhon reports that a proposition
was recently turned down by an owner
represented by him that would have been
accepted fortnight ago. The general
tendency of the market is upward.
u. f. Fairchild- said: Investors are
feallzlng the promise that investments
IN st Paul real estate hold for the future
and the market has been noticeablv
Denented We can hardly expect boom.
put better prices are certainly assured
me greatest demand, l might say, is
Tor cheap property, that Is small dwell
Ing houses. This class of property Is
paying from 10 TO Is per cent on the In
FeStment and Is in demand BY investors
and home seekers alike.
While it is true that building material
OF all kinds is very high. yet the work,
ing man can build himself comfortable
six-room house for $1,000 or $780, and
many of them are doing it,
E. ]. Meier reports a very liberal IN
curry for homes. He expects this will
stimulate the market.
Albert Boedigheiner's business is con-
hned % farm lands. He regarded IA
very significant the fact that nearly all
lnquirers for Minnesota farm lands are
prepared either to pay cash. or half
GOWN Tor their purchases. The country
banks nave plenty of money and they
are all looking for good investments.
John Healey gives NEST Of his attention
TO acre property in the immediate vicinity
of st. Paul. A coed demand has been
noted for this class of realty, especially
where 1t Is improved. Vacant property
In the city does, he says, not find very
AiAc1sFACN just al present.,
there Is every prospect that next month
VIII see general renewal Of activity in
all lines Houses from $500 to 5000 are
In great demand, and the supply is
scarcely adequate to meet the REQUIRE
ments of the market. which Just at pres
ent runs principally in this direction. 1t
is difficult to get enough houses to supply
the demand Rents are stepping up. The
outcome of this situation. Mr.. HeaIy
thinks, will be a general increase In val
ues. Until the market on building mate
rial Is more settled there will not be
great deal OF building.
o. e. Dodge said: The new Hinckley
cutoff of the Great Northern has opened
up great hardwood country that is be-
ing rapidly settled. 1 believe that hun
dreds of families will go in this spring
The land is very rapidly changing hands
1t Is held by hundreds of people who.
for the most part. are holding the land
for speculation. The ruling price for land
in this belt IS FROM S. to tlz an acre.