The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-19

Nothing illustrates the strength Of
the realty market IN the city better
than the fact that the business did not
close for the fall until after the first of
December. and even then only with the
coming of a cold wave. Even during
the past week, when the Christmas rush
is on and people are giving attention
TO the holidays. there has been conSid
cradle activity III realty and d number
of important sales have been cousum
mated
Stowe & Palmer, in their review of
the week, sums up the situat ton Us fol
lows:
During The holiday season the mar
kct in vacant and improved residence
property is gccnraIIy quiet, and this rule
is true of 1909. The feature of the week
has been the announcement of the pur
chase by the Walkers of tho corner of
Main street and Postothcc place, Which
they intend 10 improve. 1t is notice
able that shrcwd business mon who
have long been residents of Salt Lake
arc showing their Judgment by heavy
investments in business property. This
is after Il careful study on the part
Of many OF them OF the opportunities
in other cities
I'm instance of thc increase of
yalucs IS shown in, Federal Heights,
Despite the natural dullncss of the rest
dence market, great interest has been
shown IN this high class residence dis
trlct. and prices have steadily gone up
as n result of the demand. \ general
advance viii take place January /. and
still another is 10 be looked for in The
spring, in view of the Improvements in
that section and tho strong demand for
desirable hoTc sites,
In The suburban districts there has
been but little activity, IT, is a sort of
holiday season for the dealers in that
variety of ground Despite this, how
ever, several lots have been sold, \,
/ y. HUMPHREYS, owner of Suunysidc and
! Idlcwild additions, SAYS that he has
sold Practically all the lots in his two
additions. He has about tftcou left
/ i'm idl"wiId and six in SmDyGide, out
{ Of Il total of about 500 lots. Other
dealers III that vicinity report similar
conditions, which is a good sign that
( the suburban districts OF the southeast
are destined to be leading residential
1 districts.
/ Great plans arc being laid for the
spring season. The uutlooll Is that the
I east and southeast bouch will he dis
posed of rapidly 60 local investors aud
/ the building up process will h" pushed
NJ Il rapid rate. James Fcnncll has pGr-
CHASED Il modern brick house at .lIS
East Ninth South from \. \. Hnmph-
fVics, The real estate dealer. for $1,000.
Tho Eardlcy- Bal. Cannon association
reports the demand for lots and sites
/ for early spring building operations 10
bc unusually brisk They sold TO y. j.
/ ljruncau tho only Two remaining lots
nr Roberta avenue, the new district
opened MP bv them in the late spring
OH Eighth South, between Second aud
Third East. The lots are 10Nil4 feet
| in Sue ON i .ii-foUt right of way. Mr..
! Bruucau expects ia build, a. soon ms
thc weather permits, home for himself
Oh one Of the lots.
Danlcv q johnson say they arc well
, pleased with the business they arc do.
Ling, and predict real estate sales in salt
Lake will bc much better tins winter
than any ycur since 1890. They report
/ the following sales, with many others
.uoudIng: Lot Oh Thirteenth East to
T.. G. McCuIlow. from Il. u. Sauadcrs
for ;9ip0: +. ". BaNsingcr. hrautiiu'
livcroom bungalow at l92I Third ave.
'Huc, 10 =. u thipman of American
Fork Tor IA fancy price. Mr. Chapman
is sheep man of considerable means
and viii make Salt Lake his home
Martha T. Arthur purchased No. 90
Center street, house and large iot TO
Ellen W Jackson of Montana. who,
with her husband, have Travelled consid-
erably and aay Salt Lake is the best
OF them all.
Tuttlc Bros. company report the sale
Of properly at 91S Lincoln Avenue from
DIR. J. Z. Parsons 10 Peter j. Goble 60?
$2S00: also vacant lot on L. street
between Eighth and Ninth avenues from
Blair Richardson 10 j.. =. CGs1dY, The
real estate man. NJ. Casady VIII erect
two six-rGom houses on tho locg ton, at
II cost az $1,000 each Work will be
started in the spring. AS un indira-
ton OF the business outlook This con
ccn reports thai il has uov dcpusits :
, on four residences which are 10 be sold,
i.s #,4-s4
%lf 900 a la.-= pio.e OF trarlsqa,'