The San Francisco call., 1905-01-30
GOOD OUTLOOK
FOR THE YEAR
January Market Conditions
a Surprise to the Most
Confident Realty Dealers
COTTAGES IN DEMAND
Many Purchasers From San
Francisco Seek Small Cen
trally Located Houses
Oakland ONCE San Francisco CAN,

"a
Oakland Office San Francisco Call,
101s Broadway. Jan. 20.
The real estate record of the opening
month Of the new year has surprised
even the most optimistic Of Oakland's
brokers. Not only was the number of
transactions greater than ever before
during the, same season. but there have
dence property to nonresident in
vestors, people from the East and
South. AS a rule this class of deals is
confined to the months Of July, August
and September, when Eastern people
are planning to escape their severe
winter.
There has, of course. been a marked
lull as compared with the rush of busi-
ness just before the holidays. but the
record of sales for January shows
material increase over the record for
the same month of any preceding year.
Interest in the approaching primary
election has had considerable effect on
the market during the last week. az
prospective purchasers residing in Oak
land have been inclined to await the
result of the, election before closing
any deals. This, of course. merely
affects people already residents of this
city.
SAN FRANCISCO BUYERS.
A considerable percentage of the
January business has been the purchase
Of ~ Ia
from San Francisco, who, in most
cases, seek places on the lines of the
Key route and Southern Pacific ferry
syspem.
The renting departments of all the
larger real estate Offices have been
busy during the month, the greatest
demand being for small houses. flats
and cottages. centrally located and con-
venient to the street car lines, the ma
jority of those inquiring for houses to
rent asking for places south Of Fortieth
street.
Two of the most important sales of
the month have been made by ]. H.
Macdonald & Co., the first being the
sale of a two-story brick building on
the south side of Twelfth street, be-
tween Broadway and Franklin, street,
to A. Jonas. The. lot is 26 by 100 feet.
The purchase price was $4,000. The
second transaction was the sale of so
acres of the old Stevens tract in Fruit
vale to George H. Lee. The price paid
was $65 900.
The E. P. Vandercook Company is
at present offering some fine centrally
located residence property, both i'm
proved and unimproved. A. F. Corn
wall, secretary of the company ex-
presses satisfaction with the present
condition of the market, and is con-
fident that this year will be one of great
prosperity He said to-day:
The market has been very active for this
time of year and the approaching election has
had no appreciable effect. We are having re-
and residence sites-from people In the
south. The business of the first month, which
is generally extremely dull, indicated very
prosperous year
A BUSY OFFICE.
William j. Lavmance or the Lay
nance Real Estate Company reports
that all the departments of the office
have been busy during the month of
January. He is well satisfied with the
outlook for busy spring and summer.
Mr.. Laymance has just placed on the
market some elegant villa sites in
Piedmont, and has just secured a con-
tract for the sale of large tract of
land on Broadway, near Fortieth
street, which will at once be subdivided
into residence lots.
Karl H. Nickel is also offering some
excellent lots in Piedmont.
A. j. Snyder will soon move from his
present Office on Ninth street to the
building formerly occupied by the Con-
ira Costa Water Company, at Eighth
and Broadway. Mr.. Snyder has leased
the entire building and his offices will
occupy all of the ground floor.
E. j. Stewart has recently secured
contracts on several large tracts of
unimproved property. which have al
ready been subdivided into choice resi-
dence lots.
Walter E. Logan has just placed on
the market a number of residence lots
and villa sites in the Claremont dis
trict.
Harry L. Holcomb reports a fairly
active market during January, with In
dications of prosperous year.
S. NJ. Dodge & Son have recently
opened branch Office at 2113 Shattuck
ready secured the agency for some
choice property in the college city.
THE MCGEE TRACT.
Francis Ferrier Of. Berkeley has lust
opened up the MCGEE tract, between
Addison street and Dwight way and
Grove and California streets, which
contains some of the best residence
lots in that section of the town.
Henry Barkmeyer and w. E. Rudeu
of Fruitvale report good market con-
ditions at present and say that from
inquiries received during the month
the year 1905 should prove one Of great
prosperity. Both of these dealers are
handling some of the choicest improved
and uni,nproved property In Fruitvale.
F. ]. Lea, the well-known manufac-
turer of olive oil and rfiavoring extracts.
has recently transferred his entire in
terest in the business to his partner,
I ]. Ralph.
pTTGITTyE EITvcT1ANyr r.rr~rr,