Evening journal., 1901-12-14
REAL ESTATE
ON THE BOOM
Demand for Rental Greater
Than for Sales
BROKERS' ARE MUCH PLEASED
Many New Buildings Under Course Of
Construction Al The Present
Time

During the past week the real estate
market has remained firm, the demand
for the rental Of small houses exceed
ing the supply
Applications for the purchase of
dwellings from real estate men and
contractors have been comparatively
small Many houses are being built
throughout the city OF what is known
as the medium class. which contain
from six to eight rooms with ali mod
ern conyeniences. These are in great
demand. and are rented almost before
ground is broken When they are nut
up for sale. however. buyers are scarce
everyone desiring apparently TO lease
but nut buy. Houses with baths are
IN demand more than those without
this necessary adiunet,eyen though the
rental value may exceed the ordinary
sum asked for houses which do not
contain this convenience The pros
pect Of the railroad company building
in this vicinity has had a tendency to
induce property owners to build in the
expectation that there Will be a de-
mand for many more homes than there
IS at present Today 1t ia almost inn
possible to obtain an ordinary house
IN a respectable locality. as for every
vacant dwelling there are a half dozen
applicants. Many new houses are un-
der the course of construction, the
largest contract probably being that of
the erection OF thiity-four dwellings
at Twentyathird and Twenty-fourth.
Jessup and Pine streets, by James b.
0berly. Mr. Oberly contemplates
erecting as many more houses IN that
vicinity next year.
TRANSFERS FOR THE WEEK
Business transactions in real estate
for the week as recorded at the office
Of the city register, exceed those OF
last week and are slightly ahead Of
those Tor the same period in 1900. Con-
tractors and real estate owners alike
are encouraged by the prospect for the
coming season. Transfers recorded
are as follows Patrick J. Long TO
Lambert J. Melbers. property north
side Of Howland street cast Of DUPONT
street, $500; Peter l.. Cooper, Jr., es-
tate TO w A. Barr. east side Of Jack
son street north Of Eleventh street,
$500: NJ Florence Yeatman TO Rob-
ert Ferguson. southeast corner Ninth
and West streets. s. 500; Perpetual S.
and s. Association to Adelaide Purls,
north side Fourteenth street east OF
Railroad avenue, 81 600; Wilmington
Savings Fund Association to Alice
Cheshire. south side Of Eleventh street
east Of Poplar. s1.SO0; Peninsula Land
and Loan Company to Emile II Freye,
northwest corner Twelfth and King
streets, S5,975; Robert McCaulley TO
Peter J. Ford southeast corner Twen-
ty-seventh and Washington streets,
$500. Delaware Terra Gotta Company
to p. w. & B. Railroad Company,
southwest corner Tenth and Railroad
avenue, Sl5,300; Ann e. Reed estate to
Layina Price. dwelling No. 1923 Tat
nall street, $4,000; Lavina Price TO
Theodore ]. Lawson. No 1923 Tatnall
street $4,000; Isaac W. Hallam to w.
n. Levy. west side of Tatnall south Of
Third street. $500; Patrick O'Neil to
John +. Welsh. east side of Queen
street south Of A street. s425 Karta-
vert Manufacturing Company TO Vul-
canized Fibre Company. southwest
streets, same no same, $40 for two
properties; Patrick Smith 10 Anton
WengelewsH, south side Of Broome
street east Of Cedar $500; Georgia u.
Gooken to Bridget Crossan. No. f4i2
West Second street. SLIGO: William
NJ. Connolly to A. G. Dorsey. west side
Of Van Buren, street 81 feet south Of
Maple street, $1,000. same to same.
west side Of Van Buren, street 1O6 feet
south Of Maple street $1,000