Omaha daily bee., 1908-08-30
TIMELY REAL ESTATE TALK
Much Activity is Shown by Deeds
Filed for Record.
OTHER TOWNS SHOW UP WELL


The fact that there have been from
twenty to thirty real estate transfers daily
during the week, is conclusive proof thai
things are rot at a standst1I In Omaha.
but. on the other hand business is better
among real estate dealers. One day dur.
ing the week thirty-two deeds went on
record, and with the exception Of one on
a piece OF farm land. they represented
sales closed during the week. The deals
averaged $4,000 each, as the total for the
thirty-two sales shown in the records was
$4,000. Almost all dealers report business
much improved and the outlook Is that the
end Of 1905 will see as large 81 movement
in city property as last year.
Correspondents Of Omaha firms in vari-
Gus parts, Of the country report business
improved. an increase in buildings, new
enterprises, a fair TO splendid condition Of
crops and plentiful mortgage money. Will
c. Israel Of Benkelman. Neb.. writes:
Farm lands are active, increase Of 20 per
cent since June !. due to corn prospect,
which is best in country's history.
Dealers in South Dakota lands in Omaha
report an active sale for farm lands and
John Lehr, real estate dealer of belmont.
s. D., writes to a firm in Omaha: "Busl-
ness is more active and improving, due TO
the crops, which are in better condition
than in years. While building IL not in
creasing in towns there are no vacant
houses. Farm lands are salable at an
average Of $50 per acre"
From small towns and cities in the west
comes the word from dealers that the
whole situation is better than for some
time. In Atchison. Kan, It is reported
there are few or no houses vacant, while
building is active and farm lands in north
eastern Kansas are readily salable at s65
to t15 per acre.
In Lincoln the suburbs are growing rap
idly and real estate has greatly increased
in value. Southeast Lincoln Is a wonder.
Along the car line which leads to Mr..
Bryan's home lots on each side have dou-
bled in value In the last five years, not
necessarily because Of the fact that Mr..
Bryan's home is on the car line. but the
car service is good. a boulevard cuts across
the southeastern part of the city and An
telope park is being developed. About
the homes of Mr.. Bryan and DR.. A.. O.
Faulkner, whose lands sdjoin, there will
be erected three to five new residences
during the next year. which will rival the
wv eAAsa OA01 III ouuliGdHA Lincoln
Dealers report business active and CITY
lots selling rapidly. especially along streets
being paved.
Writing to an Omaha firm, the Farmers
Mortgage and Loan company says. Bust
Eess property only is quiet here; the mar
ket for residence and apartment house
property has been more active. The sub
urbs are growing, farmers are proper
Gus and there ia a great demand through
out the state for farm lands at an aver
age of 500 per acre.
In Kansas City business property is said
to be more active than is reported from
almost any other city in the west, but
residence property is slower than the aver.
age. Northeast Kansas City has suddenly
become a faVorlte residence district. owing
to the boulevards and parks being com
pleted in that part of the city. The result
is that many tracts will be opened and
the dealers believe they will be snapped
up without ceremony.
The tendency In Omaha Is to secure resi-
derce property well out, and if possible
acreage tracts. Dealers are preparing for
a run on this class Of property and are
advancing 1t as an investment when their
clients hang In doubt. The latest addition
Is that proposed by Richard Evans south
OF Dodge street, on Fifty-second street.
Evans has more than forty acres To
divide into acreage tracts, grade and park
when II VIII be put on the market as a
rival for Fairacres. west of Dundee. or
Keystone park, west Of Benson.
As a result of the demand for suburban
property the many vacant corners suitable
for flat ard apartment houses are likely
to remain vacant for some time. but deal
ers predict an era OF flat building within
two years which win fill many of these
with the most modern of build
ingH.
nIANI~t n,