Omaha daily bee., 1911-06-04


earnest about buying meet the quotations
without much dickering, and recently there
have been several transfers that prove this.
one example is that OF the week Just ended
in which $4,000 was paid for the business
property located at the southwest corner Of
Twenty-fourth and Ames avenue. This
sale was OF unusual interest to the real es-
tate man, for It indicated the relative value
of outskirting property.
Whatever theories the layman may have
concerning values he can rest assured that
real estate will be higher in the future and
It will be only a short time before this fact
will become apparent. At least 50 per cent
OF the transfers recorded since the first Of
the year have been of lots. While there
has been considerable activity in the
suburbs, many vacant lots have changed
lands in all parts Of town, and on many Of
them cottages, bungalows and more preten-
tious homes are being built Each new
house will enhance the value Of vacant
property and the natural result will be a
general advance in prices long before the
close Of the present season All OF these
facts taken into consideration satisfactorily
prove that present values are not too high
Insofar as totals are concerned Nav
building permits fell short of those Of
the last two years, both in number and ag-
gregate value represented, but this does
not work against the prospect Of advancing
prices. Aggregate expenditures as repre-
scented by the permits are not as high as
in former years for the reason that no big
buildings have been started this year.
Practically all the permits issued since the
first Of the year are for small homes.
Dullness still exists in the real estate
market, but dealers are looking forward
TO renewed activity soon. Sales have been
deferred largely on account of the hot
weather, it being Impossible to coax out
prospective buyers while the Temperature
is high. The conditions are not discourage
ing In the least several firms reporting
fairly respectable job lots OF transfers. For
instance, Hastings & Heyden report the
following sales for the last week or so:
Three lots in Hackett's addition near the
Deaf institute to John ]. Madden of Fair
bury; consideration, $1,000.
House at 2915 Frederick to. Leo Hlebinslxi
for home; consideration, $1,000.
Lot in Florence on Adams street, iust
west of Prospect street, to Ellis Austin
for $175.
Lot in vineland addition to E. e. Fead
for $500
Lot in vineland addition to H. e. Moore
for $3.50
Two one-half acre lots in Vernon Heights
TO Arthur Swerdfeger, s675.
Lot in Shulrs addition on South Twenty
fifth street, near woolworth, to Michael
j. Maylon. on which a new house will be
built at once.
Lot in Vernon Heights to Fannie B.
Pratt s4OO,
Lot in Hillsdale addition to Robert e.
Davis. 5000
Lot in sulphur Springs, on Fourteenth
avenue between Emmett and I,othrop. to
Herman A. Berg for $3.50.
A new six-room house In Shulrs addition
ON Twenty-fifth street, just south OF Wool
worth, to Fred Bonness; consideration.
sa75.
Lot in Home Acres addition to s. IT
Hasenkamp for 1915.
Lot in Monmouth Park addition 10 q
Goodyear, $50
Lot in vineland addition to C. r. Colt
for 1925.
Another lot in the same addition to Harry
M Glass for $f75g
Lot In Fort View Terrace addition to
Chris S. Peterson, 1915.
Lot in Vineland addition IN Janrio
Schmittroth Tor $50
Lot in Lincoln Heights addition IN lana
Mortenson for $500.
Lot In Vineland addition to George r
Bierman. $3.50; another lot in the same ad-
dltion to Roy B. Harberg $3.50; John w
Johnson $3.50; one TO Grace Kohl. s58.
One lot in Shull's Second addition IN
Milo F. F1tle for 1900
Lot In Hitchcock's addition TO Arthur A.
Bell, $500
Two lots In Harris subdivision to Harry
A. Swanson for 1880.
Lot In Lincoln Heights addition to Victor
Bovee for $1S5.
three half-aere lots in Vernon Hekhts
Aodition to Tracy Jackson for $sO6
one acre lot in LawndaIe addition IN
cara j. SchnetE for 1916; another lot IN
Lawndaie addition TO Lloyd f. MelIck a4zE