Omaha daily bee., 1907-05-16
REALTY FOR SALE is SCARCE
property, Under Tremendous Demand, is
Getting Short On tie Market
OWNERS HOLD OFF FOR HIGH RENTS
Agents Find II Difficult to Reconcile
Themselves to Bull Scale and
Purchasers stand Won
deFinH.

MANY agents are complaining be-
cause Of the lack OF property listed with
them for sale" said George G. Wallace, a
prominent real estate broker, Wednesday
morning. Conditions are altogether diff
ferent here than in many cities. as there
are fifty sellers in Chicago to every buyer,
but property for sale in Omaha is becom-
ing very scarce.
Most of the property taken by fore
closure proceedings during the last few
years has been cleaned up. Rents are
going up, and for this reason people who
thought of selling are holding back and
refusing to place their homes on the mar
ket even at good profit,
Agents and buyers are finding difficulty
in becoming reeonciled to the scale Of
higher prices on all Omaha property and
purchasers are not ready to adjust them
selves to the new values made. OF course,
there is still plenty Of property for sale,
but agents lists are becoming depleted"
Deeds on Patrick Homestead.
Warranty deeds were filed Wednesday
transferring the title to the old Patrick
homestead on the West Dodge street road
to the Happy Hollow Country club. The
deeds were signed by Mrs. Eliza w.
Patrick, widow of the late ]. N. H, Patrick
and conveyed title to the estate of about
eleven acres and the three large buildings
on the tract. The consideration given was
$4,000, which is about one-third OF, the
original cost OF the buildings alone.
The interior of the Patrick home is being
remodeled by carpenters for club house
purposes, and a large force Of workmen
are improving the grounds surrounding the
houses. No plans haze been made for the
formal opening Of the new country club
tbut the golf links will be ready for use
within two or three weeks.
No Change in Headquarters.
Two OF the small buildings near Fiji
teenth and Dodge streets, on the site Of
the proposed new headquarters for the
Union Pacific company. have been rented
to the Reliable Employment agency and
the Volunteers OF America, and it is re-
ported one other OF the buildings has been
taken. The renting of the buildings is not
| taken as an indication of any change In
the status of the building project of the
Union Pacific company. as the leases taken
are only for indeterminate periods and
possession must be given on short notice
When the land department of the Union
Pacific moves from the headquarters to the
new rooms which have been secured on
States
tional bank building the old rooms will be
| used to relieve the crowded condition OF
three Of the other departments at the head
| quarters. Part OF the space will be &C.
| cupied by Superintendent Korty OF tele.
phones and telegraph. David Lincoln, car
service agent, and Auditor Of Equipment
Service Bartlett.
Scraps of Deals.
| A. L. Gordon, proprietor OF the Express
mems Delivery company. has sold his
seven-room residence at 1904 North Twenty
fourth street, for 81, 800 to Morris Bern
stein, one OF the proprietors Of the LANCE
Grocery company. The residence Is com
paratively new and one OF the most desir.
able in that section. Mr.. Gordon viii build
an, eight-room residence this spring on hts
lot on Twenty-ifth street. between Cunning
street and Indiana avenue.
Colonel S. s. Curtis Is having plans drawn
by Architect F. A Henninger for a two,
story frame blacksmith shop to be erected
on the lot owned by his daughter on Far,
nam street, between TWenty-eighth and
rwenty-ninth streets. The structure viii
cost about $4,000. being 6Ox22 feet. ana tn,
upper story OF the building will be devoted
to a large apartment. Bids will be taken IL
about two weeks.
Gottlieb Bodmer has sold his new resi-.
dence in Kountze place on Binney street
between Nineteenth and Twentieth streets
70 Mary E. Hale for $4,000
Nathan Horn has sold his large lot and
house near Twenty-fourth and Webster
streets 70 George Tzschuck for 5000. The
Il property was taken by the purchaser az
paFt payment on valuable property sold
sometime ago to Mr.. Horn
Sergeant Louis Rentfrow. who win re
sign from the police force June l. 70 as
sumo the nroprietorship Of the Windsor no
tel has sold HIS house on Madison avenue
between Fourteenth and Sixteenth streets
70 William T. Edghn for $22 Sergeant
Rentfrow amassed a comfortable fortune by
Idealing In real estate on money saved from
his salary aud was enabled 20 retire from
the force 70 go into the hotel business.
Aiangum & Co.. LETTER SPECIALISTS