Omaha daily bee., 1908-12-13
TIMELY REAL ESTATE GOSSIP
Deals Completed Insure Big Building
Boom.
AID FROM EXPOSITION 10 COME
Immediate Eject of Corn show Not
Tor sales, but Ultimate Result VIII
BE Highly Reneacial q
Property Owners.

Real estate men have had demonstrated
20 them this week that a temporary disad-
vantage must sometimes be endured for
the sake Of an ultimate good. This prin-
clple, which mas. by the way, been of 81
gantic Importance in the history OF race
development, is illustrated for the real es-
tate men IN the effect Of the Corn expo
sition Upon local sales and deals. OF these
there have been q geodly number the last
seven days and the general tone has been
healthy. but OF Important single transae-
tons there have been few or none. The
reason is that the Cora exposition has abb
CORDED the time of many men who are
large purchasers or who contemplate big
purchases.
An exposition or a convention has this Ell
feet Invariably. 1t Is a harvest time for the
retail shopkeeper, but not for the jobber
or the realty dealer. The final result WILL
of course, be OF the highest benefit to the
lattar, bat this effect will not be visible
at once.
The Real Estate exchange, SO far as the
Corn exposition is concerned, manifested
its loyalty to the exposition not only in
marching in a body on the opening day
but by entertaining = number of distin-
Kuished visitors at luncheon previously.
Tire builder and contractor, stone and
brick mason, plasterer, lather and other
men engaged IN building will have a busy
season next spring, for the amount OF con-
struction work now assured Is almost un-
precedented To begin with, there is the
mhlion-dollar new Douglas county court
house, and next 10 this in amount of money
to be spent the Brandeis annex.
There are many more buildings besides
these to 90 UP. a partial list including the
high school addition. Kennedy building,
Graham-B rldges-Gifford building, Palmer
building, Christian Science church, First
Lutheran church. All of these will be large
structures. worthy In point of size OF a
greater Omaha, Besides them a host Of
smaller buildings are to so up, and of fine
residences there Is almost no End.
Judge j. ]. Sullivan, who will engage In
the practice Of law in Omaha. has bought
through the Byron Reed company the
Armstrong homestead on Thirty-fifth
street between Poppleton and Woolworth.
He will move next week into the resi-
dence, for which q price Of about 5000
was paid. Other occupations of homes not
previously announced include that of
Charles w, Martin Of Hastings & Heyden,
who has completed a new residence in
Kountze place. between Sixteenth and Sew
enteenth and +. b. Hood. who has built
himself a home on Lothrop street between
Nineteenth and Twentieth.
A South Omaha deal Of some size is the
purchase by Lawrence overman of Jennie
f. Lochboeler, Of the property at Thirty
sixth and N streets; s6.0e0 was paid.
The Byron Reed company has sold four
lots on the Southwest boulevard to John
Quade in Summit addition, Mr. Quade will
build two houses on the property,
A real estate firm naturally anxious tc
promote sales has put forth the following
cogent argument as to why, when It has
y good thing II can and will sell to a
customer instead Of holding on to the
proposition itself:
w are often asked. We'll. ~ this. Is
such an excellent Bargain; IL I am goins
TO double my money on II why do yor
want to sell TO me? Why don't yot
keep 1t and make the profit yourself?' Its
simple why. We cannot keep all the gooC
bargains that so through an office as largt
As ours. We could put $780, 600 In yer,
shortly, but We don't happen 10 have tina
amount around loose at present. Our bus
hess Is to sell real estate, and when W,
ourselves buy We Te-sell at once at
slight profit. Ii Is very advantageous to u
for oar etients to make money. Statistic,
customers are the best and pay the best
Our success In this line has resulted loEi
caly from our policy Of placing prices OF
our properties lower than other dealer
consider their actual cash value. We wisI