Omaha daily bee., 1908-10-04
TIMELY REAL ESTATE TALK
Business in Omaha is Better Than for
Many Seasons.
DEALERS TELL OF ACTUAL TRADES
transactions show Growth Of city
and Indicate an Activity that was
Unexpected in various Sec
tiona Of the City.

when real estate transfers, building per-
mits. bank clearings and grain receipts OF
Omaha show an Increase over last year ana
all but one of the named items show an
increase over last month, It is certain that
real estate business has a bright outlook"
This was the observation Of A. L Reed,
president of the Byron Reed company, at
the end of September.
The way In which the public has taken
additions to the city OF Omaha is my best
evidence that real estate business has not
and will not lag" said Mr.. Reed. Though
interested In but a few of the additions In
directly, 1 have noted the way the public
has taken these additions one after another
and apparently without effort"
Among the additions mentioned by Mr..
Reed are Creighton's First, Collier place,
Monmouth park, Oakhurst park, Homestead
place, Fort View, Kountze's Fifth addition
and others.
In Monmouth park and Collier place Hast
ings g. Heyden bought IT'S unsold lots and
In a few weeks sold 15O OF the lots. Creigh-
toms First has been sold by D.. ". sholes
and the Payne Investment company
Kountke's Fifth addition was sold by Hast
lngs & Heyden in a single day, the Bo-
hemian people Of Omaha swapping up the
entire addition. Other additions have sold
In the same way until in the closing months
of the year few real estate dealers who
have offered property In any of the new
additions have a complaint against the
business lone in Omaha.
George & Co. did not push Falracres, the
new suburb west Of Dundee, but have sold
a large number of acreage tracts and on
every tract a fine home will be erected.
Sales made during the last week included
two and three-quarter acres to L. H.
Korty, former superintendent Of telegraph
of the Union Pacific Railroad company.
The tract bought by Mr.. Korty adjoins the
Happy Hollow golf grounds on the west
and the price paid was $4,000. Mr.. Korty
will erect a home costing SIS, 600 on the
place.
Arthur H.. Fetters bought three and three
quarter acres in Fairacres, paying $500 for
the tract. and plans are being made for q
new home on the site which will rival some
of the homes now being erected.
]. II. Osborne OF the Osborne-Hanson
company had this to say when the month
closed: while we have not done as much
business as we expected during the month,
there Is an unusual demand for farm lands,
and those we sell are to customers who
ordinarily come to us and ask for good
farms in eastern Nebraska, South Dakota
and the panhandle OF Texas. This was the
case when we sold the Frank Wood farm
two miles west of Fort Crook this week
to Jacob Jensen, a Center street dairyman,
who paid $500 for the eighty acres of Sarpy
county land"
The osborne-Hanson company also sold
John p. Finley OF Omaha 12O acres near
Wahoo. in Saunders county, for $1,000.
which shows the disposition Of many to in
vest in farm lands.
CITY property is the choice of invest
ments,' said Mr.. Osborne. We have more
applications for high class property for in
vestment than we can supply" To back up
rs statement Mr.. Osborne told Of the sale OF
four Gats at Hickory street and Park ave-
nue., ~a1, through his agency, to w. II.