Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-12-17
Realty Dealers Discuss
Local Market Conditions


With an opening unprecedented in
its brightness, and closing as dull as
,ms et ny al oke ~, re,i,v ", mnr1.nt hns
met paradoXical conditions IN the
year 1910. Last spring there was n
most suspicious activity IN SUBURBAN
lots, city homes and farm properties:
and rs a result many lirms exceeded
their capapiii'leS IN gmueaNoI4ns 70
outVie cach other, inc sleahins
process mas peen thorouen ior tne
realty firms thnt nave peen npie TO
withstand the temporary stump hre
firmly situated win patronage per-
manent IN us nature
Realty sales began to fan the early
part of the summer, when the money
strinCcncy ncccssitatcd the postpone
mcnt of investment; the slump has
continued more or less az summer
and fan WIN me outiook i"iriN ptl,i''
for next year. One thing IS certain
values have not gone Gown, nhu III
fact some OF the realty dealcr3 t,fe
complaining ut the nigh prices ae-
man'ed by local owners.
salt Lake CilN luture Is ~ hrtllS
established that inc lali realty mir
Ect Will probably nc brl'liaht ono
at any rate the more conservative OF
the city'S real estate dcalerS ntiNe
'N'iS ''''h'i''NN' - 49, 49,
consulted few of them gave OPINIONS
ls follows concerning loll ana inc
outlook for inc now Sear:
AN ACTIVE WEAR
DuTlhS inc II months since last
CHRISTMAS there have been quite as
many realty deals as there were in
inc previous IL months. 1t is true that
vague unrest and uncasIncss has
ma nv
ouEerS ana IN other instances have
caused people. who were fully con-
Nihced mat owning home is II
iahiiiNs pest investment to defer
plNiig' put taken ns whole, con
s!dering the named condition. bust
ness mas been very active" This is
me report of Burt and Carqust, who
further said
noticeable feature has been that
many, arrivals from other sections of
the country. especially the eastern
states, have immediately, upon arrival
mere. purchased homes in place of
renting. The desire upon the part of
many of these buyers has been to Sc
cure locations where they could have
large lots, away from the ccntcrs of
business. From n conservative CSti-
mute of the opinions Of the ncwcom-
crs, the people Of salt Lake City
have no reason whatever to fear Il
''iuiiil' III lllt Its'IlS i'luEktl. we nave
never had a new. pleasant home on
our lists for longer than 10 days with
out marking sale. In saying this,
people must not entertain the view
mat AWNING VIII sell at any Price.
me buyihE class are people of good
Judgment, ana 1t Is only when true and
real values are offered that sellers
may expect deals to be consuummated.
AS a firm Interested in the growth ana
- n No ,.tt n f,,,t Il In,
reason Tor anxiety as to whether
Na.ues VIII MAINTAIN I,l, themselves.
IN our bliiulhg department we
H"Ne lo"hu tiiere IS IN increasing
Yen teil',e'icA Oh we part OF people nav
,mS not.ies "incteu 10 nave az the con-
.,, ,,n Wt,i.n ,s 10 u iliakc ihou-
~ NUM- M tn'ieL. .oil lleie pump
,ms hoSs ~ heatiF e,e'y iittie cot
,n,,,,t 49,, y ,'''.a io' pe VI t,i' cN-
i,,nI, ro,,. - - 49, ~ 81. iiuit,ea
n ,''er ne" InenS us steePinS P"rciieS'
linen c,,sats rn,mnn.ofI ra,',,,o,i,s 49,;
"hin, cIns,i, ava , .r'u..i"'s M
nI,nherL ~ r,.,,no ,,,,,lS,[, ,,,,,i,i, 80
iE,i,,s. MI. -, ,,,,,.,, ...,;,
he other hond h"ni,tif,, IND ~ ~,
tvpes Of tho h,,ngnInw nJnntnJ tn
i,ri,I; cnns,r,cti",, NO bo;n~ nrootod
cover 40 homes hovo hncn orcctei
this wear under o,,r .ensy pnymont, nion
OF having a home built ia suit owners
of vacant nronnrtv orn hrinc conv;ncoI
that II nnvs ia irnnrovn II ma this
tendency is one of tho active forces in
the upbuildinr of tho CITY
Another OF the toudcurios ar th,
times which IL hu;,dinp IN ,ho .,,rj-
Tory tributary to Salt Lake CITY is
me desire of many. rcoplc 10 own a
the agricultural colleges and schools
has taught the American people that
Il comfortable living can he made M,
i've acres of ground, In less than twn
weeks time we have sold is small
farms close to street car co,nluunica-
ton with Salt Lake ,rty. These pcoplc
will all make a splendid class for the
supbuildin,. of the state. for they will
produce fruits ana poultry FOR the iocn,
market. this money thus boinr kent in
the community in place OF being sent
20 Kansas for eggs ana California for
fruit
During the past wear we have also
sold Il number of splendid trackage
properties. This Kind of real estate is
becoming known as one of the most
substantial classes of Investment Ii
brings large rents ana with the growth
OF the city the demand will always ex
coed the supply.
IF ordinary care is used in buying,
no one can make a mistake in securing
Salt Lake and Utah real estate. For
many years to como the increase I'm
values will justify the saying that Salt
Lake realty is enjoying II boom. The
natural growth of the CITY and state
will offset any other cnuscs for de-
preston, either local or nationals"
Et4hiN VI LNClOMILlSllM I'm i.