The San Francisco call., 1904-11-14
BUSY WINTER
IS EXPECTED
Brief Lull in Real Estate
Market Ends With Close
of Presidential Campaign
PLAN FOR BIG AUCTION
Several Large Business
Properties in Oakland to
Be Sold Under Hammer
PLAN FOR BIG AUCTION
Oakland Office San Francisco Call,
1915 Broadway, Nov. 13.

Oakland Office San Francisco Call,
1916 Broadway Nov. 13.
The influence of the Republican vic
tory in the recent election has already
had a marked effect on the local real
estate market, and in the short interval
since the result of the election was
known there has been an increase in
the demand for property in this city.
This increase has been principally for
business property in the mercantile
districts, and several dealers report
that almost as soon as it was definitely
known that the Republican party had
been victorious at the polls the mar
ket, which had been quiet during the
two weeks preceding the election, re-
sumed its wonted activity.
One firm has begun arrangements for
the auction sale of several large, CEN
trally located business properties. 1t
is expected that the sale will take place
in about three weeks. The auction
sales heretofore held in Oakland have
been so successful that il has been
decided to dispose of business property
in the same manner. The sale will be
held by the Realty Bonds and Finance
Company, but the exact location of the
property TO be sold has not yet been
made public
A recent canvass of the hotels shows
that the influx of people from Eastern
States, which has been expected for
this winter, has already begun. Many
newcomers have expressed the tveliest
satisfaction in the climate and natural
advantages of Oakland There is but
little doubt that a number of these
visitors will decide to locate perma-
nently in this city. In fact, several
have already been making inquiries as
to the location and price of residence
property, and one or two have inquired
as to the possibility of securing good
business or manufacturing sites.
FRUITVALE GROWS.
The eastern part of Oakland and
Fruitvale are now coming to the front
with rapid strides. Property in the
former locality. which has been lying
idle for years, has been placed on the
market within the last three months,
and in some cases has been sold almost
as soon as offered. The population
of Fruitvale has doubled within the last
three years, and rs per cent Of the in
crease has been within the last twelve
months. There are now twenty three
hundred school children in the district.
Building operations continue with
unabated activity in spite of the near
approach of the rainy weather, and II
looks as if contractors intended to
make use of every pleasant day during
the winter.
The Oakland Real Estate Association
held it's regular meeting yesterday aft
ernoon at the MetropOle Hotel Owing
to the fact that the election was just
over there was but little business to be
transacted, and after brief discussion
of minor business details the members
adjourned to the dining-room for the
monthly luncheon. About thirty mem
bers of the association attended the
meeting.
Frank ]. Woodward Of the Realty
Bonds and Finance Company, in dis
cussing the influence of the election on
the realty market, said:
There is no doubt that the victory Of the
Republican party has had a stimulating erect
on the market and, personally. I believe that
the assurance that the present administration
will continue in power will greatly increase
our winter business. We have within the last
two days secured contracts for the sale or
several large business properties which would
not have been placed on the market had the
election gone the other way.
We will sell this property at auction. and
expect that the sale viii be held within
month The Realty Bonds and Finance Com
pany has held several auctions during the last
year, and we have met with so much success
in these sales that we encouraged to sell
business property in the same way. The prop
erty heretofore sold at auction has been To-
Gated in outlying districts and was suited
only for residence sites