The Birmingham age-herald., 1919-07-20
MANY BIC DEALS IN. REALTY AND LEASES.
 RECORD OF THE WEEK.
Building Activities on the Increase and Demand for Houses Acute-Plants
 Seek Locations

Three big sales, aggregating s2470oo,
 big leases. aggregating $557,9oo, and ap-
 proximately sSoo0oo worth of residential
 property, are among the activities of the real estate market during the past week
 here in the city,
 Included are the sales of the Real
 Estate building by Mir, Aston to MT
 Elliott, by A. c. Montgomery; a First
 average site between Eighteenth and
 Nineteenth streets, to the Young & Vann
 Supply company, for s90,0o0 by H. K.
 Milner and The Caldwell Real Estate &
 investment ocompany; the sale of 192
 Third avenue, to Robert Prowell, owner of the Robert Prowell Stove company, by A. A. Gambill; the lease of the Adams corner by the D. A. Shulte Cigar com
 pany through w. B. Leedy Real Estate
 X Insurance company from A. A. Adams
 & Company for s325 900, and other leases by the w. B. Leedy Real Estate x h.
 surance company, of which approxi-
 mates s132,900, $75.0o0 worth of residences being put up and sold by the H. K. Milner Land Company during the past week; approximately sS50o0 worth of residences. ranging between 5000 and s10,000 each by the Jemison Real Estate & Insurance company; other real estate deals put over by local real estate men, ranging from $25, 600 to s40,000 worth of residential sales. Several of the leading real estate deal CTS of the city claim that the past week has almost reached the high water mark, set for sales few weeks ago, when Old Peerless corner and several other prorni-
 nent downtown pieces of real estate property were sold.
 The demand for houses seem to be ln- creasing, rather than diminishing with the finishing of new homes the rental season approa ches. The reason for this is claimed to be on account Of the fact that most of the residential construction that is going on at the present time IS
 either by those who are building thelr own homes, or by real estate company building upon their land, in order to
 supply the demand for homes that is be- ing made by those wishing to buy them. Very little building is going on at the present time for the specific purpose or renting.
 It is said that a number of new business enterprises, consisting of fabrlcatlns plants of all kinds, are seeking to secure locations in this city, and that, If they succeed they will necessarily bring With
 
 mand for rental property and homes that | is already at this time sorely tried | The lumber men state that they are going to do their utmost to supply the l increased local demand for lumber. but cannot guarantee anything like quick de | Iiveries owing to the fact that there IS
 shortage of that commodity on the | market
 l The Reid-Ford Land company 4ancey
 Real Estate X Insurance company. anu
 Rethea Real Estate & Insurance company
 all reported a good week and increasing demand for rentals and homes that can
 not be filled.
 A. c. Montgomery reported the sale of four residences for s3,50o, s4.50o. S5,25o and sS,75O in West End. South Highlands and Woodlawn respectively.
 The Motion Real Estate X Insurance 1 company, the McConnel-Anglin-Whi White
 Realty company and the Mosey-Hender- son-Davis Realty company all reported good weeks. averaging around $25.ooo or s3o. GOO worth of residential sales durlns
 the week.