The San Francisco call., 1907-03-02

the Pope tract, on the market and IT is
believed that the lots on this tract
viii sell equally as rapidly.
Parkside lots are also selling We'll
and good reports are received from
firms doing business in suburban prop
critics in general.
HIGH RENTS AID SELLERS
The high rents being demanded for
houses and rooms have greatly aided
the sale OF outside lands and real es-
tate men have been benefited By the
exorbt INT rentals that have been
asked. II is owing to this shortsiEhted
policy of owners Of old houses that real
estate men have rushed the work OF
putting these tracts upon the market
as they are fearful that when hotels.
boarding houses, apartment and lodg-
ing houses are again opened for bust
ness the desire TO own 2 home viii have
passed away. A well-known business
man in speaking Of the present situa-
t3on said he was fairly convinced that
within six months rents would be the
same as before the fire and little
later they would be even less than be-
fore the fire. The extent OF home build
ing is something phenomenal Small
houses are springing up on every side
and many lot-owners are building tenn
porary shacks on the rear Of their
property with the intention OF building
a larger house when times are more
propitious.
Private hotels and apartment houses
are being pushed to completion rapidly
and there viii be several streets which
viii be given over entirely to this class
Of domiciles. This means that the old
er houses viii be emptied and viii rent
for the sum now asked for. one room.
There is a steady incrsase in the price
OF lots IN Richmond and sharp ad-
vance was noted during the last week.
There has also been a big demand for
lots in the neighborhood Of Lombard
and Pierce streets and thirteen lots
there realized s1s. 800. or $4,000 more
than was expected. The same is noted
IN regard TO property on the northeast
OF town around Broadway. F1lbert,
Hayes. Larkin and Leavenworth streets,
clear down TO Jones street The in
quiry has been for lots with a marine.
view and the purchases intend building
a fine class of houses.
HIGH PRICES ASKED
Downtown property-owners have not
shown any inclination to recede from
their stand with regard TO land values.
According to operators one or two have
come down in their prices. but the
movement has not been general There
seems TO be a good deal OF obstinacy
displayed on both sides and an operator
admitted yesterday that he had lost a
commission Of s25O0 in haggling over a
big sale. IT appears that both parties
were well of and neither would yield
and each accused the other Of an at
tempt to "gouge." The real estate
man, naturally. wished to express his
contempt for such pettiness, but as
both men were wealthy he had TO hold
his tongue and look pleasant while
pleasantries were being exchanged
Folsom street has had a good inquiry
lately and there has also been consid-
erable interest expressed IN land along
the railroad tracks A number of land,
owners are planning TO build large and
modern rooming houses south Of Mar
lxet street One of the largest of these
houses is to be on the northwest
corner OF Sixth and Jessie streets,
which win stand on lot 75xS0 and is
being constructed on plans made by
Meyers e. Ward for Baruch Bros. 1t
is to be & store and hotel building. The
hotel has been leased to E. L. Lande-
sren and will have 10 rooms. II is of
pressed brick, terra Gotta exterior and
steel frame and viii cost in the neigh
borhood Of 100000.
There will be a great number of
fats built during the next six months
and plans are being prepared by num-
Der Of people for this class of resi-
dences. The report Of the alleged scar
city Of building material does not seem
to worry anybody. as there are more
buildings under. course of construction
now thar at any other time since the
work Of rebuilding began.
The second annual banquet of the
Real Estate Bpard will be held at the
Palace Hotel tnext Wednesday night
attendance has been promised and over
200 real estate men have siGnified their