The Birmingham age-herald., 1905-03-26
REALTY MARKET
 IS QUITE ACTIVE Demand for Property Much Greater Than Offering REAL ESTATE MEN TALK Ridlcule the Idea of a Possible Boom In Birmingham Real Estate.
 Several Rumors Arc
 Current.
REAL ESTATE MEN TALK

Marked activity in Birmingham real estate continues. Especially is this true with reference to business property. There are more buyers than sellers, ana this is causing some worry among the real estate dealers of the city.
 Real estate men in Birmingham agree as A unit, on one subject-there is to be no inflated boom in the real estate mar ket. The constant demands for real es- tate in the business district is caused by the steady growth of Birmingham.
 Any possible attempt to create boom in the real estate world will be met with a united opposition. Real estate men say that the eyes of the outside world are attracted to Birmingham and there is clamor for local property. Owners, however, do nT seem disposed to turn aloose their holdings at any price. Like those who want to make investments, they seem to see the great future ahead of the city and are con tented with their investments
 "The steady growth of Birmingham Is alone responsible for the great demand that is now being made for real estate in the city," said M. P. Messer last night. "The demand for property, espe- cally in the business section of the city, denotes the general prosperity Every one seems to be clamoring for Birming- ham real estate while the property own CTS do not feel disposed to turn loose.
 There is no boom in Birmingham and will not be-"
 My observations have been that the real estate market in Birmingham has not been quite so active as it was a week or ten days ago. said w. t. Leedy, 'grhis, of course, Is caused by the fact that owners of property refuse to sell. There are plenty of would-be buyers, people who want to invest their money in business property here, but there seems to be but little offered for sale.''
 A. L. Fulenwider, president of the Bir- mingham Realty company does not think the demand for property in Birmingham is confined solely to business property. We have a steady demand for property in both the business and the residences sections of Birmingham" said MT. Fui- enwider. "In my opinion the Birmingham Realty company will do record break ing business this year" He agreed with the other real estate men of the city that the demand for business property is far greater than the offerings.
 'The demand for realestate, especially in the business section of the city, con- tinues active" said Robert Jemison. Jr. We are receiving number of inquiries as to Birmingham real estate, but there seems to be but little offered on the market The eyes of eastern capital are turned towards the city, this of course be- ing caused by the steady growth.
 We are not having a boom in Blr- mingham real estate. and will not have. Just a good steady big business is an- ticlpated for the entire year"
 There are a number of rumors of large deals that are now pending for the trans- fer of Birmingham property. One is to the effect that negotiations have about been closed for the sale of a lot 40x10O feet on Nineteenth street between Third and Fourth avenues, the consideration to be paid for the same being given at $55, GOO. There is four-story brick building located on the property, and it is said will yield per cent People desiring property in Birmingham are said to be willing to make big investments on or per cent.
 Real estate along Third and Fourth avenues is said to be especially in de- mahd, with sellers scare.
 Messrs. w. B. Leedy & Go. sold yes- terday a store house on Second avenue between Twenty-frst and Twenty-second streets for s26.5oO cash. They are not ready yet to give out the names of the seller CT purchaser.