The Birmingham age-herald., 1924-10-26

faWifhih the last twelve months v continued Starke, '.Birminghann has ex- perineced a remarkable market on the northside that has spread in the three directions open to it on that side Of the railroads. It has extended east ward and westward and northward in cluding Eigth avenue, and even beyond that avenue on some of the streets.
 It is not at all unreasonable to sup. pose that attention has now been turned l Sn A natural way to the property ly- | ing to the southward, that is to the l prouerty close-in and south of the rail- roads. where, in the opinion of some people. values were out of line with I the remarkable advances on the north side" -5---- e,,a
 The secretary suggested that the gen. eralization takes no account of the va l rious rumors that have been going the \ rounds, the soundness or uns0undness \ of which he does not know. The idea, I he declared, to be conveyed is that pos I eibly the time was just ripe for lOgicai :. advance in this fourth direction of the I compass.
 May Be Crossings
 "It is highly probable,p added Starke, sthat the present determined effort Of l the commission to solve the grade cross ] ing problem is strongly reflected in thls l activity. The prompt effect of the l opening of the Twenty-first street vla- l duct is comparatively recent history. Values on Twenty-first street, as re- suit of the Rainbow viaduct, mounted rapidly. It may be that such re- I suit is now being anticipated for the whole of the near-in southside when the l general plan of properly removing the ra;lroad obstacles shall have been I agreed upon, through court decisions or ctherwise, for Twenty fourth, Twen- l tieth, Eighteenth and Fourteenth streets. , "Another angle to this whole propo- sition is the tremendous improvement If traffic conditions on that side, due to a very noteworthy amount ot pay ing that has been laid within the last I few years. The contrast between, the old southside and the new southside Tn this particulsr is somewhat striking.
 According to Starke, the Real Estate board is always pleased to note well I founded and legitimete advance in gne values of property in the natural ousl- ness section of the city, which section \ ntfeIO1OES uAn uCSA SV ~oA.bSONNN N-- parts as to result in very high values in a limited area surrounded by avail able property that went unappreciated, ssIn brief, an expansion was due and has come," he said.
 High-Pressure Ads
 ''The board believes in Birmingham real estate and believes it is not neces' sary to resort to unfair and unwar' s yaaited forms of advertising to sell It. 4 In fact, at it's last meeting the board I appointed a committee to look into the mater of certain high-pressure adver' I tising that has appeared of late, sam. ' ples of which were read at the meeting s This committee is to report back tc 4 the board the result of its investigations and make its recommendations.
 Tt was brought out at the meeting that real estate here does not need nn' fair boosting or unwarranted predic' tions or promises to sell 1t, and that such practices are highly detrimental The board feels its responsibility to thC public and would therefore go on rec
 ord as drowning upon unwise, unwar
 ranted, and unfair methods of boostlpl the market and stampeding the public
 Such upractices neither subserYe thC best interests of the city, nor increase
 the respect of the public for the reaI estate profession. Legitimate optimism
 and fair statement of facts are justi
 liable in any salesman of real estate
 Unfair exaggeration is no more to bt
 condoned in real estate than in any othar husiness"