The Morning examiner. [volume] (Ogden, Utah) 1904-1910, 1910-02-06
1910 win be Banner Year i'm Ogden Estate Market

This Is the slogan that 1S being uStu
extensively by the boosters OF Og-
den at the present time as well as in
the future. ogden is going TO grow
Real estate Is in big demand and the
price Is going 70 advance. Conditions
pont to n most prosperous year In
real estate and business circles. These
are some of the views advanced by
prominent real estate men or the
city. They are all optimists most
generally but upon this occasion their
reason is founded upon substantai
facts they now have at hand.
Conditions In the past have proven
exclusively that investments In Os-
den real estate have been Sate ana
sound yielding profits that have not
been surpassed by returns from STOCK
Investments. Another item that IS
noted In regard to ogden real estate is
that money ia being put into real es-
tate now as an investment and not as
a speculation. Every day outside cap
itaI Is being brought 10 Ogden and
nut In business block sites. buildings
and residences. The profit In all
cases has been from ten to thirty per
cent
All the real estate men who were
seen by an Examiner representative
yesterday were very optimistic IN
their Views of the outlook for 1910
They report that the prospects are
brighter and better than ever Busi-
ness block sites and residence prop.
erty arc In great demand. In the
business district It is stated that one
can hardly purchase any desirable
sites except at big figure. In the res
idence district property Is scarce and
ell desirable property on the out
skirts of the city is being taken up
as rapidly as possible.
Orchard Lands Safe Investment.
In speaking OF investing in property
In this vicinity George J. Kelly, of
the firm Of Kelly 6 Herricl1, stated
yesterday afternoon, that prospects
for the present year In Ogden real
estate is better than ever He stated
that while his firm handled local prop
erty as n leader they were making a
speciany orchards and orchard
lands IN this vicinity In the latter
he stated that the returns were safe
and sure and cited as an example of
a customer who purchased in 1906. a
piece OF orchard land for $4,000 2 year
later the customer sold an undivided
half interest In the property for $7.-
500. WiIhin the last three months
ne sold divided interest In his prop
erty for $1,000. Within the period
since the purchase of the land the
owners have taken money enough
from fruit 10 pay for all the improve
ments. cultivation as well as for the
land itself
Better Than eet.Rich-oulck Schemes.
Mr.. Kelly stated that people of
Ogden who are sending their money
away from the city on get-rich-quick
propositions are foolish investors.
Right in their midst AMI under their
immediate observation other people
are making good investments and
doubling their money every two or
three years. In putting money i'm
property in Ogden and vicinity the
investor knows what he is buying and
controls IT, himself and II is not sub
ject to juggling OF anyone else.
Hussey G Woods Very Optimistic.
Hussey C Woods, 24Si Washington
avenue, who make a specially of city
real estate and farm property also
ranches in Nevada. look for a banner
year In 1910, They stated that in
their opinion an investment in Ogden
real estate In the past has always
proven 10 be very profitable, and cit
ed for an example 1907 during the fin
ancial stringency, the values OF real
estate remained firm, but increased
30 a slight extent Upon the recov-
cring of the money market Ogden real
estate Increased In value upon its
merits and continues to pay good in
tereSt upon the investment In speak
ing OF the conditions in the dry farm
districts near Ogden, Mr. Woods stat
ed that the values have been tribbled
since 1908. Less than a year ago
property to the south Of ogden which
could have been purchased for about
$l5 per acre can not be secured now
for less than $50 per acre. Every
day, Mr.. Woods said his firm is re-
oelvlng inquiries from outside inves- !
tors who are anxious to purchase Og- [
den property, Good business locations |
and residence property are in big
demand
Ogden the Agricultural Center.
A. A. Wenger of the Western Land
& Investment company said that his
firm Is receiving inquiries daily from
eastern parties who are looking for
Investments in ogden property. He
sald that the conservative eastern In
ycster has fully investigated the con-
ditions as to Ogden's permanency as
the railroad and agricultural center OF
the state as we'll as the intermoup-
tain country and IS anxious TO invest
Big Year in 1910.
H, s. Foster of the firm of Garrison.
Foster e Garrison, said, The pros |
poets look very encouraging for q
splendid year in the ogden real es-
tate market. We look for great |
amount of activity in the real estate /
and building circles OF ogden during