Omaha daily bee., 1903-03-15

lions are favorable for a gradual advance
in values. When city real estate is re-
lleved of that part OF the burden OF taxa
tion that other interests should pay, 1t will
be in a more healthy condition to ADVANCE.
I. n. Hammond-The Real Estate ex-
change has worked a great reform in the
matter Of taxation. The outlook for real
estate business in Omaha is the best in
ten years. More inquiries are being re-
'ceived from persons who want to build and
buy homes than during any corresponding
season in that length OF time. 1t looks to
me that real estate is as low as 1t ever
will be in Omaha and that there is a gem
eral tendency to believe that prices are
going to go up from now on.
A l.. Reed Of The Byron Reed Company
Farm lands and city properties are i'm
proving in value. Farm properties that
we're selling at $50 to S45 per acre in Doug
las county four or Ave years ago are now
bringing $50 TO $50, an increase Of from
20 to 80 per cent. The speculation in
Omaha property is not wild, but conserva-
tive. Omaha property is about as much
too low now as 1t was too high in 1887.
e. Sweet am optimistic on Omaha
real estate prospects. 1t is unnecessary to
make any comment on the results achieved
by the Real Estate exchange on tax litiga-
tion last year relative to municipal cor
porations. We had a hard fight and won.
The result shows in the 1903 levy and as
sessment. Everybody is pleased with the
outlook and that in itself is record enough.
Sinner & Chase-The Real Estate ex-
change is doing good work and IL it is kept
up good results will ensue. The outlook
for the future is for an improvement in
Omaha realty conditions. There can be no
better investment than in Omaha real es-
tate. 1t Is safe and sure.
w. L.. Selby-The low price of rents and
OF property in Omaha, as compared with
small Nebraska and Iowa towns, is bound
to bring good results. Omaha property now
has a stability of value that it has not had
for several years. Investors are now dis
posed to put money in Omaha property as
the best kind Of an investment. This has
not been the case heretofore because OF
there being no stability in property values.
]. H. sherwood-The real estate condi-
tions in Omaha look better this spring than
for the last eight or nine years that / have
e III II Ouiuhd Itdl tbNdNt DublltSb.
Prospective investors are looking around.
Taxes are lower and this has a tendency to
increase prices. Money will seek invest
ment where expenses are lower.
Christ Boyer-The reduction Of taxes will
certainly have a marked influence on real
estate. l expect an increased activity this
year. Omaha real estate is as low now as
1t will ever be, and the tendency is to ad-
vance in price. The rental properties are
money invested in Omaha real estate is in
my opinion safe and profitable.
w. R. H~1man-Real estate matters have
been very good since the first of the year.
Houses are well rented and there is little
or nothing vacant. Store buildings are
renting better than for ten years. The low
tax levy this year has been a benefit to city
real estate.
n. P. Dodge, jr.-There is a great deal
doing in houses. This is caused by the in
crease in the wages Of carpenters and build
ers, which is leading many to buy and build
instead of renting. Houses are also being
built for investment, and the number Of
home owners is rapidly increasing.
-
John w. Robbins-I have had more in
quiries for property and have sold more
property than I have at this season for
years and l judge the outlook to be much
better than for a long time past. I find
that perhaps one-half the inquiries are from
.N-a-