The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-08-03
PAST MONTH MARKS
RECORD IN REAL TY
SALES, |SSTATEMENT
Housing Problems is Acute,
and Cooperation of Resi-
Dental Property Owners
is Solicited
BY CLIFTON BLAUvELT

The month of July in the real es-
tate market has been the best in the
history of the city, according to state
ments made by various local dealers
The sale of small residential property
together with the big sales that have
been put over will total between ST.
100000 and $4,000. 900, 1t is said. In ad-
dition to the sale of residential and bus
mess property another $52S,427 worth
of building permits have been issued
by the city during the past month.
This past week has~not been marked
80 greatly with the sale of big bust
ness property, but it has been unusual
ly good with regard to the sale of
homes, 1t is said. The w. B. Leedy
Real Estate and Insurance company
have put over $4,000 worth of sales
of small homes, while the Jemison Real
Estate and Insurance company ranges
next with approximately sS6,5oo worth
during the past 10 days.
Other real estate companies state
that the market is better than it has
ever been and some claim that they
are not letting TIE sun go down with
out the sale of at east one home.
BIG SALE MADE E.
The close of the week has been
marked with the sale of only one big
piece Of business property and that con-
sisted of lot 1921 Second avenue. bought
by Louis Pizitz from S. B. Marks and
the estate of Mrs. L. NJ Williams for
the sum of $4,000. This is one of
recent number of pieces of that cor
ner of Second avenue which has been
recently bought by Mr.. Pizitz with the
purpose of creating a large department
~.
was negotiated by Charles B. Marks of
the Jemison Real Estate and Insurance
company and A. A. Gambil of the A. A.
Gambil Real Estate company.
S. Bethea ofthe Bethea Real Estate
and Insurance company said that the
real estate market was at the present
time the best that he had ever seen
1t in many years of experience in the
real estate business in this city.
IT am not pulling off the deals that
some of them are claiming to be put
ting over he said, but we certainly
have made a lot of small residential
sales recently
A. c. Montgomery stated that they
were not letting the sun go down with
out the sale of at least one home, and
that business was better than in sew
eral past years.
Mr. Yancey, of the Yancey Real Els
tate and Insurance company stated that
the demand for homes was far greater
than the supply, while H. K. Miner of
the Miner Land company said that he
had done a thriving business in the
sale of lots during the past week and
had the sales of several houses of re-
spectacle values still pending. which
he hoped to close within the next week
RENTAL STU ALTON
The rental situation is still serious
very little aleviation for the present
crisis has been found, it is said, and
F. Butler, president of the Birmingham
Real Estate Exchange stated yesterday
that unless the people of this city
would cooperate in every manner by
dividing their homes, which are too
large for them, into two apartments
with the necessary plumbing and ia
cilities for the accomm odation of two
families, at least 1000 families would
be without homes on October 1.
Some people were already respond
ing to this plan, he said, and that he
hoped that great many more would
also render every aid in their power
before it was too late to be of benefit
by the opening of the rental season.
Mr.. Beatty of the Birmingham Realty
company stated that the people who
were camping in tents adjoining the
property owned by his company were